The Trade Ministry of the Republic of Korea said on April 17 that the country has agreed with the Philippines to launch negotiations on a bilateral free trade agreement (FTA) as part of efforts to boost economic ties.
Thailand’s export of fresh, chilled, frozen, and dried fruit and vegetables in the first two months this year has grown from 2018 at 46.85 percent, expected to reach annual growth of 30-40 percent worth 4 billion USD.
The negotiations on RCEP were last year extended into 2019 as the parties – the 10 ASEAN states and their six partners, India, China, Japan, South Korea, Australia and New Zealand – were unable to reach an agreement on key issues.
In line with its Thailand 4.0 goals, the Land of Smiles has been on an active lookout for foreign investors willing to finance projects under this initiative. South Korea recently expressed keen interest in doing so during the 60th anniversary of South Korea-Thailand diplomatic relations late last year.
Malaysia’s prime minister said Monday a Chinese company building a rail link across the Southeast Asian nation will jointly help to manage and operate the network, part of revised deal that will get the stalled project off the ground at a lower cost and ease strained relations.
A business cooperation forum was held in the western state of Jalisco, the second biggest economic centre of Mexico, on April 11 and 12 to foster its multifaceted relations with ASEAN countries, particularly in trade, investment, education and tourism.
The 20th ASEAN-China Joint Cooperation Committee (ACJCC) Meeting took place in Jakarta, Indonesia on April 9.
Cambodia, Thailand, and Vietnam on Friday discussed an agreement on maritime transportation that seeks to reduce the cost of shipping by sea and link coastal tourism destinations in the three countries.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
