Concerns growing over delays in cutting non-tariff barriers
Amidst the global slowdown and escalating trade tensions, the prospect of increased duty-free access to India’s large market is definitely of prime importance to the other negotiating countries.
The Republic of Korea (RoK) will hold the third round of free trade talks with Malaysia this week with the aim of striking a deal before November, said the RoK Ministry of Trade, Industry, and Energy.
ENTHUSIASM from businesses on a free trade agreement (FTA) between the European Union (EU) and the Philippines has waned since talks have stalled, a new survey said, although many still see the deal as important.
Thai Prime Minister and Defence Minister Prayut Chan-o-cha has said all nations should work together to maintain stability in a sustainable way and strengthen stability in the Indo-Pacific region by adhering to international law, developing mutual trust and promoting closer cooperation.
The Thai Government has approved a package worth 34.8 billion baht (over 1 billion USD) to ensure rice and oil palm prices at suitable levels for farmers.
Asean must maintain and strengthen its centrality, and redouble integration efforts to be a viable and attractive economic partner, Trade and Industry Minister Chan Chun Sing said on Thursday (Aug 29).
During the 34th ASEAN Summit in Bangkok in June, the regional group’s leaders officially endorsed and adopted the “ASEAN Outlook on Indo-Pacific”.