The Regional Comprehensive Economic Partnership (RCEP), a proposed free trade agreement between Asean and the six Asia-Pacific states with which it has existing free trade agreements, is expected to be signed next year.
The Asean tourism industry has a vital role in helping this region to develop the economy and drive investment, says Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi.
In last week’s article, we briefly discussed Republic Act (RA) No. 8752 (Anti-dumping Act) and RA No. 8751 (Countervailing Duty Act) as trade protection instruments, which can be used against unfair trade practices.
Cambodia has asked fellow Asean member states to issue a joint declaration to the European Union decrying the EU’s decision earlier this year to impose import duties on Cambodian rice.
Myanmar will be able to export farmed marine products to the European Union (EU) starting from May 1, said U Thet Naing, deputy director of the Quality Control and Research Division of Fisheries Department.
ASEAN economic ministers gathered at the 25th ASEAN Economic Minister Retreat (AEM Retreat) in Phuket, Thailand on April 23 to discuss the conclusion of negotiations for the Regional Comprehensive Economic Partnership (RCEP) at the end of this year, as well as the completion of the ASEAN Single Window (ASW).
The Ministry of Commerce (MOC) is drafting new trade laws to safeguard local producers while promoting exports of domestically-produced goods, Minister of Commerce U Than Myint said.
The new 500 kV and 230 kV transmission lines to be installed in Laos' capital Vientiane, a joint project between Lao and Chinese companies, will ensure more Lao people to have sufficient power, officials in Vientiane have said.