European Union Ambassador to ASEAN Francisco Fontan will complete his tenure in Jakarta in July.
Asean members should speed up the process of reforming its trade and investment environment amidst the US-China trade uncertainties to attract more investors and businesses to the region.
Auto components industry body ACMA said on Wednesday that government must keep automobiles parts out of the proposed free trade pact RCEP, saying it could lead to back-door entry of China, the single largest country from where India currently imports such items.
He said commitments agreed under the CPTPP have a significant impact on some of the country’s current laws, policies and regulations, including those under the jurisdiction of the state governments.
The United States-China trade war is threatening to drag export-reliant Singapore into a recession and aggravating underlying risks facing the former tiger economy.
No thanks to the delayed implementation of the 2019 national budget and the trade tensions between the United States and China, the International Monetary Fund has slashed by half a percentage point to 6 percent its growth forecast for the Philippines for this year.
South Korea is slated to participate in the 27th official negotiations this week to discuss the implementation of an Asia-Pacific mega trade deal possibly this year.
Washington celebrates its alliance with ASEAN by reaffirming its commitment to boost solidarity, friendship, and harmony not only with its Southeast Asian neighbors but China as well.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
