The Philippines is optimistic over five agreements and declarations, including the long-awaited free trade and investment agreements between Association of Southeast Asian Nations (ASEAN) and Hong Kong, will be signed by November.
The Asean-Europe agenda on connectivity is growing and the European Union is committed to strengthening its engagement even further.
Asian and European economic ministers resolved to jointly respond to growing global protectionism.
Half a century into the Asean story, the growing importance of digital innovation will shape the next wave of economic development.
Economic leaders from Asia and Europe nations have gathered for the Asia-Europe Meeting (ASEM) in Seoul, the Republic of Korea, to discuss ways to cope with rising protectionism in trade and to cooperate in the next industrial revolution.
Chinese Foreign Minister Wang Yi on Wednesday met with his Philippine counterpart, Alan Peter Cayetano, and discussed their countries' relations.
It is often taken for granted that robust intellectual property laws are fundamental to the success of innovation. In contrast, it is not widely acknowledged that relationships between nations also play a critical role.
If the threat of rising protectionism is to be eliminated, the Philippines should stand firm and push for the immediate conclusion of the Regional Comprehensive Economic Partnership (RCEP).
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
