Indonesian President Joko Widodo is set to come bearing gifts when he lands in Australia this weekend with the long-awaited Indonesia-Australia free trade agreement tipped to pass its final hurdle in parliament this week.
Cambodian Prime Minister Hun Sen on February 4 met with host President of the Republic of Korea (RoK) Moon Jae-in in Seoul to discuss plans for strengthening the bilateral relations.
India stayed away from the latest talks on the Regional Comprehensive Economic Partnership, in a further sign that it may pull out of negotiations for the free trade agreement touted as largest in the world.
Researchers from the Economic Research Institute for Asean and East Asia (Eria) and the Center for Indonesian Policy Studies (Cips) have advised Asean countries to harmonise their non-tariff measures (NTMs) to boost intra-regional trade.
Indonesian President Joko Widodo has recently issued a government’s decree on special economic zones (SEZs) in order to draw over US$50 billion into them in the next decade.
Sanan Angubolkul, Vice Chairman of the Thai Chamber of Commerce (TCC), said representatives from many trade associations were consulted before the forecast of US$242 billion for export value was decided, according to local media.
It is expected to attract more FDIs, according to Tricor Group CEO Lennard Yong.
South Korea will attend a high-level meeting on a mega Asia-Pacific trade pact this week as part of its efforts to expand its trade network around the globe.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
