Malaysian Prime Minister Mahathir Mohamad has called on ASEAN member states to adopt a business model that enables each to share a selected industry with other members and secure a bigger market.
Prime Minister of Malaysia Mahathir Mohamad on March 6 began his two-day visit to the Philippines, according to the Malaysian Foreign Ministry.
Indonesia and Australia signed the Comprehensive Economic Partnership Agreement (IA-CEPA) in Jakarta on March 4.
Ministers of Asean and key partners have reaffirmed resolve, says Chan Chun Sing
THE European Union (EU) signed several free trade agreements (FTAs) early this year – particularly with Singapore – and is negotiating with Vietnam and Indonesia, while also expanding the FTA negotiations with Malaysia, Thailand and the Philippines in a bid to further enhance the ties between the EU and Asean.
India is expected to strengthen economic ties with Thailand and the Asean region in 2019 through joining the Regional Comprehensive Economic Partnership (RCEP) and its participation in the on-going trilateral highway project.
ASEAN integration is “not going anywhere” if trade regulations between Asean countries are not reformed, a recent forum heard.
Although Singapore remains the undisputed business hub of Asean a recently released international trade connectivity survey also found rapid improvements in other Asean member states.