The European Union (EU) today (Feb 11) commenced the formal process to strip Cambodia of preferential tariff subsidies provided under the Everything But Arms (EBA) trade scheme.
Southeast Asia’s booming economic growth and investment potential have thrown the region into the global eye as of late, in particular in the field of e-commerce. According to a recent report released by research firm, Forrester Analytics, the online-retail sector is expected to increase almost three-fold across six key nations, from $19 billion USD in 2018 to $53 billion in 2023.
The challenges confronting the United States and Asean - including natural disasters, the scourge of ISIS, maritime tensions and rising populism - and how both sides can work together to overcome them will be discussed at a forum, beginning on Monday (Feb 11).
As Asean chair this year, Thailand must enhance the region’s cooperation amid growing US-China tensions that threaten to go beyond mere trade conflicts, international-relations experts said at a peace forum in Bangkok yesterday.
Indonesia intends to challenge an EU directive on renewable energy at the World Trade Organisation (WTO), arguing the plan to curb the use of crops that cause deforestation will unfairly target palm oil, a senior Indonesian official told Reuters.
Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw US$60 billion in new investment.
More than 50% of the chapters contained in the Regional Comprehensive Economic Partnership (RCEP) negotiations have been finalised, said International Trade and Industry Minister Datuk Darell Leiking.
EUROPEAN businesses consider the economic integration of the Association of Southeast Asian Nations (ASEAN) to be well behind schedule due to the reluctance of individual members to liberalize their markets.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
