As an economic bloc, ASEAN is the fifth largest economy in the world. However, this is not reflected in its adoption of digital transformation. ASEAN member countries rank from top to 160 positions on the global Digital Adoption Index (DAI) published by the World Bank.
ASEAN and India and specifically Karnataka are seen to have considerable scope to collaborate to make agriculture far more predictable and sustainable. Access to food, feed, fuel and fodder can be achieved with agriculture.
ASEAN countries should do more to promote their cuisine globally via gastrodiplomacy and tap into the vast potential it offers.
Laos and Thailand have committed to increasing bilateral trade volume by 10 to 15 per cent annually as the two governments expect to meet the target of $12 billion in 2021, according to the Lao trade minister.
Vietnam moves up 13 places on Economic Freedom Index, but remains in the ‘mostly unfree’ class.
The Association of Southeast Asian Nations and Japan signed the first protocol to amend the Asean-Japan Comprehensive Economic Partnership agreement on March 2 at the sidelines of the 7th RCEP Intercessional Ministerial Meeting in Siem Reap, Cambodia.
A forum to promote investment, trade and tourism between Cambodia, Laos, and Vietnam was held in Kratie province, Cambodia on March 9 as part of the 12th meeting of the Joint Coordination Committee on the CLV Development Triangle Area (JCC CLV DTA 12).
The Association of Southeast Asian Nations (ASEAN) has been assured of China’s support in realizing the Regional Comprehensive Economic Partnership (RCEP) Agreement, Chinese Vice Minister of Commerce Deputy Representative of International Trade Negotiations Wang Shouwen said.