Asean nations and their key partners yesterday reaffirmed their resolve to substantially conclude a region-wide trade pact by the end of the year, seeing its completion as an "important milestone" amid uncertainties in global trade.
For almost a decade, the basic strategic issue for Asean has been how to position itself as the US and China grope towards a new modus vivendi. This is still the main challenge. But it is not business as usual.
MANILA: The Philippines and the US have announced that they will start free trade negotiations in November in an effort to bolster bilateral economic ties.
Kuala Lumpur: The escalating trade war between the United States and China should come as a stark reminder for the 10 Asean member countries that continuing to impose non-tariff barriers (NTBs) would only rob them of the opportunities to exploit fully the advantages of a single regional market.
Hanoi (VNA) – The Vietnamese and Cambodian ministers of agriculture had a meeting in Hanoi on October 12 to discuss ways to promote cooperation in agriculture, forestry, and fisheries between the two countries.
The city-state's investment deals in Indonesia hit $11.61b in 2017.
Asean remains committed to upholding the open and rules-based multilateral trading system that has long underpinned the region's economic growth, and will work together to ensure that no one is left behind in the march for progress, its leaders vowed yesterday.
KUALA LUMPUR: The ongoing trade tension between China and the United States has provided the impetus for an early conclusion of the Regional Comprehensive Economic Partnership (RCEP), said the International Trade and Industry Ministry.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
