In ASEAN, the electronic accessories sector is highly fragmented with the presence of many premium and unknown brands.
After the European Union secured free trade agreements this year with Singapore and Vietnam, there is even greater incentive for other large Southeast Asian economies to speed up the pace of clinching their own trade pacts, but negotiations with the EU are certain to prove difficult.
As the world continues to navigate ever-changing geopolitical challenges, one concept generating more than its share of controversy is the “Indo-Pacific”.
In his meeting with China’s Vice Minister of Commerce Wang Shouwen, Wadhawan flagged bilateral market access related issues on various categories of products and called for easing business visas for Indian travellers.
Foreign minister Hopes for news on membership bid this year
China and its partners participating in the negotiations of the Regional Comprehensive Economic Partnership (RCEP) agreement are expected to conclude the talks within this year, a senior official said on Wednesday.
Indian exporters also face non-tariff barriers from countries such as Indonesia and Malaysia
British Foreign Secretary Dominic Raab travelled to Thailand on July 31 to attend a meeting of ASEAN foreign ministers in Bangkok to seek new trade opportunities and stronger diplomatic ties ahead of the country’s exit from the European Union (Brexit).