Minister of State for Commerce and Industry CR Chaudhary on Friday said that companies from India and ASEAN countries can also form joint ventures for the purpose.
If anything is clear from the ASEAN Summit and the East Asian Summit held in Singapore last November is that Southeast Asia is now hot property. The heads of state that attended the summit says it all, from Russia’s Vladimir Putin to Japan’s Shinzo Abe – everyone is realising the geostrategic importance of the region.
Indonesia has asked India to cut its tariff on refined palm oil to 45 per cent, matching the levy faced by rival producer Malaysia, and has offered market access for Indian sugar in exchange, the trade ministry said on Saturday.
IFC, a member of the World Bank Group, and the Government of Canada, in partnership with the Ministry of Planning and Investment held a workshop on public-private partnerships in Vientiane on Feb 22.
Trade tensions between the U.S. and China are adding rocket fuel to the liftoff of Southeast Asia's economies. American tariffs on Chinese-made goods have sped the shift of contract manufacturing to ASEAN (Association of Southeast Asian Nations) countries, such as Vietnam and Thailand. The increase in foreign direct investment into the 10-nation regional trading bloc has been underway for a number of years, however, the trade war continues to drive even more capital into the region. Nikkei just published an article this month titled: “Southeast Asia bucks trend of sinking global foreign investment”.
IN January I joined Federica Mogherini, the EU’s High Representative for Foreign Affairs and Security Policy, in Brussels as she co-chaired the 22nd EU-ASEAN Ministerial Meeting. It was an impressive occasion, and the best attended such gathering anyone could remember, with almost all the 10 ASEAN and 28 EU member states represented by their foreign ministers. Brussels was preparing for its first big snowfall of the winter, but the reception we gave our ASEAN partners was a truly warm one.
The three predominantly Muslim countries out of ten in the Association of Southeast Asian Nations (Asean), namely Malaysia, Indonesia and Brunei, are on the way to form a new hub for Islamic finance and the wider halal industry through their current roadmaps to develop the sector.
Over the past few years, the ASEAN aquaculture industry has witnessed moderate growth due to land expansion, species diversification, and farming intensification.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
