In fear of negative impacts on the nation’s growth and the grass root population over European Union’s potential withdrawal of its generalised scheme of preferences (GSP) from the country, Myanmar officials and businesses have requested the EU to reconsider the move.
A measure that will allow unimpeded importation of rice, amending the Agricultural Tariffication Act of 1996 and replacing the quantitative restriction on rice imports, is now a President's signature away from becoming a law.
Singapore is the most competitive economy in the region, placing second overall in the World Economic Forum’s (WEF) Global Competitiveness Index behind the United States (US).
Member countries of ASEAN need to give priority to promoting ASEAN Economic Community 2025 (AEC 2025) and concluding Regional Comprehensive Economic Partnership (RCEP) negotiations to deal with economic headwinds in 2019, according to a recent article on the website https://www.eurasiareview.com.
Bangkok - Exports expected to surge, stock bump already seen after major trade impediment removed.
Cambodia exported over $3 billion in goods to the US last year.
The UK and member states of the Association of Southeast Asian Nations (ASEAN) have agreed to maintain close ties via official channels following Brexit, during a meeting at the ASEAN Secretariat’s headquarters in Jakarta on January 10.
Two additional processing plants in Myanmar have been granted permits to export wild-caught fish products to the EU, bringing the total number that meet the required standard in the country to 21, reports The Myanmar Times.