Laos has raised its trade value targets, including imports and exports, with Japan this year after an increase in the annual trade value of both countries.
The tenth meeting of the Committee of Permanent Representatives to ASEAN and the ambassadors of China, Japan and the Republic of Korea (RoK) took place in Jakarta, Indonesia, on May 17.
Those parts relating to Hong Kong and five Association of Southeast Asian Nations (ASEAN) member countries, under the Investment Agreement (IA) between Hong Kong and ASEAN, will enter into force on June 17, a spokesperson for China's Hong Kong Special Administrative Region (HKSAR) government was cited by China’s Xinhua News Agency on May 16.
Singaporean Prime Minister Lee Hsien Loong and his New Zealand counterpart, Jacinda Ardern, on May 17 issued a joint statement, agreeing to upgrade their bilateral relations into enhanced partnership.
Singapore, New Zealand and Chile launched trilateral talks on the Digital Economy Partnership Agreement (DEPA) on May 18, on the sidelines of the APEC Ministers Responsible for Trade Meeting in Chile.
Vietnam has the least proportion of its exports used as raw material for Chinese exports compared to ASEAN neighbours, a report says.
The escalating US-China trade war is expected to put further downward pressure on already-declining global economic growth, particularly in 2020, RHB Research Sdn Bhd (RHB Research) observed in its Economics View report yesterday.
The Thai Eastern Economic Corridor (EEC) Office is scheduled to sign a Memorandum of Understanding (MoU) with the China Development Bank (CDB) and the Japan Bank for International Cooperation (JBIC) for financial support of investment projects next week, according to Thailand’s media.