The government has downplayed the effects tariffs imposed by the European Union will have on the rice industry, arguing that it had been preparing for this scenario through a strategy to make the trade industry less dependent on the European bloc.
Cooperation with China will benefit Cambodia's economy and reduce Western pressure, Chinese experts said on Sunday as Cambodian Prime Minister Samdech Techo Hun Sen kicked off his four-day visit to China on Sunday.
Stakeholders are worried the United States-China trade war will continue to take its toll on Indonesia after inflicting a huge blow to the country’s trade balance in 2018.
Malaysia will reaffirm its position on issues implicating its national interests such as those concerning palm oil at the 22nd Asean-EU Ministerial Meeting (AEMM) in Brussels on Monday, said Wisma Putra.
Thailand will make a bigger push to drive the region’s move towards Industrial 4.0 during its chairmanship of the ASEAN regional grouping this year.
The relocation of production bases from China to ASEAN is perhaps the most notable benefit of the ongoing US-China trade war for the region. Over the past several decades, companies have flocked to China to take advantage of their low-cost production base and fast-growing middle class population with burgeoning spending power.
Japanese firms consider Việt Nam the most attractive investment destination in Asia due to the country’s high economic growth, its position as a production hub and its large consumer market, according to a News Network Asia (NNA) survey conducted from November 26 to December 9, 2018.
Restoring EU tariffs on Indica rice imports from Myanmar will have an impact on the production of only 60,000 to 100,000 tonnes of Indica rice, U Lu Maw Myint Maung, joint secretary of Myanmar Rice Federation, said.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
