A coming trade pact between Washington and Beijing could mean U.S. goods will out-muscle regional Asian exporters reliant on sales to China, the International Monetary Fund warned Friday.
The Philippines agreed last week to join the local currency settlement framework with Indonesia, Thailand and Malaysia.
Customs cooperation and healthy financial infrastructure remain the top challenges for ASEAN in its efforts to strengthen economic integration and redistribute economic wealth, reported The Nation – an English-language daily newspaper based in Bangkok, Thailand – on April 8.
Is an ASEAN-Canada Free Trade Agreement (FTA) on the cards?
Senior economic officials from 10 Asean member countries, the Asean Secretariat and four negotiating partnerships met in Vientiane this week to review the progress of the implementation of economic activities.
Stronger political will needed to remove them as they can inhibit trade and hurt SMEs more
An Asiawide free trade deal involving 16 countries will likely be concluded in November at a summit of the Association of Southeast Asian Nations to be held in Thailand, ASEAN Secretary-General Lim Jock Hoi has said.
It is crucial that ASEAN members have the time and flexibility to develop appropriate national and regional regulatory frameworks.