Speaking at the Singapore Business Federation's ASEAN Outlook Conference 2018 held in January, Senior Minister of State for Trade and Industry Dr. Koh Poh Koon said that e-commerce is key focus area with Singapore assuming ASEAN chairmanship this year.
Asia, at the broad level, will lose from the United States-China trade war, but a few countries will emerge as relative winners.
On October 19, 2018, the European Union (EU) and the Republic of Singapore signed a free trade pact – the EU-Singapore Free Trade Agreement (EUSFTA) – to deepen the economic relations between the two regions.
Vietnam will continue its close cooperation with India to further deepen the comprehensive strategic partnership between the two nations, Party General Secretary and President Nguyen Phu Trong has said.
China and the Philippines agreed a deal concerning joint oil and gas exploration in the disputed South China Sea on Tuesday in Manila.
THE PHILIPPINES is exploring bilateral free trade agreements (FTA) with two more countries, the National Economic and Development Authority (NEDA) said, adding that the talks are preliminary and exploratory.
President Moon Jae-in on Tuesday once again stressed the need to boost ties with Southeast Asian nations, and urged concerned government bodies to develop related projects.
The failure of the countries attending a major Asia-Pacific summit to agree on a communique resulted from certain countries "excusing" protectionism, a top Chinese diplomat said, in a veiled criticism of Washington that further sours China-U.S. ties ahead of a meeting of the G20 nations.