Prime Minister Nguyen Xuan Phuc joined leaders of other ASEAN countries and the bloc’s partners at the opening ceremony of the 35th ASEAN Summit in Bangkok on November 3 morning.
India on Monday decided against joining the Regional Comprehensive Economic Partnership (RCEP) trade deal, holding that it did not receive any “credible assurance on market access and non-tariff barriers".
India’s utilisation ratio of its current FTA with ASEAN is just about 6%. In contrast, ASEAN countries have a 36.3% utilisation. Also, unlike with Japan and Korea, the investment component is also not quite large.
Thailand is to ask the United States to reconsider the removal of trade preferences for Thai exports under the Generalized System of Preferences, Commerce Jurin Laksanavisit said.
Sections of Indian industry, farmers and dairy sector have expressed concerns over the mega trade deal
State Councilor and Foreign Minister Wang Yi on Tuesday met with ambassadors of the 10 ASEAN member states to China in Beijing.
United States President Donald Trump has suspended US$1.3 billion in trade preferences for Thailand because of its failure “to adequately provide internationally-recognised worker rights”, such as protection for freedom of association and collective bargaining.
E-COMMERCE performance in Southeast Asia is hitting record highs in terms of spending among consumers and is estimated to keep growing, according to a recent study and other reports.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
