Indonesia has called on ASEAN member countries to develop a unified position in negotiations on the Regional Comprehensive Economic Partnership (RCEP).
Maybank Kim Eng said the rise of China and new technology will be key forces driving the biggest change in Asean in the next decade.
The A$30 million ASEAN-Australia Smart Cities initiative aims to enhance collaboration between ASEAN and Australia on smart and sustainable city design, while another initiative seeks to develop Digital Trade Standards for the region.
Canada is eager for a slice of the South-east Asian market as its economies are among the fastest-growing globally. In return, Canada is promising to bring its progressive and inclusive trade practices to the table, said its International Trade Minister Francois-Philippe Champagne yesterday.
United States (US) president, Donald Trump’s imposition of at least US$60 million worth of tariffs on China’s products has already prompted signs of Chinese retaliation, something that could result in a trade war between the two nations.
Thailand could play key role in Southeast Asia – if it steps up and sets a democratic example
Speaking at the 16th ASEAN Economic Ministers (AEM)-EU Trade Commissioner Consultations in Singapore on Friday, Trade Minister Enggartiasto Lukita outlined the desired impact a free trade agreement (FTA) between ASEAN and the European Union would have on small and medium enterprises (SMEs) and the palm oil industry.
Following the withdrawal of the United States from the Trans-Pacific Partnership (TPP), the 11 remaining signatories of the TPP agreed to move ahead with a revised TPP.