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China, ASEAN issue joint statement on conclusion of FTA upgrade negotiations
The statement covers existing areas of the China-ASEAN FTA agreement as well as emerging areas that have great cooperation potential, including the digital economy, the green economy and supply chain interconnectivity, the ministry said.
China, Asean aim to clinch free-trade deal upgrade led by EVs, e-commerce
China and ASEAN are working to upgrade their free trade agreement to cover areas like e-commerce and environmental protection. This upgrade is expected to boost trade and investment between the two regions. China seeks to expand its economic ties with ASEAN amid growing tensions with the US and EU. ASEAN countries are also interested in strengthening their supplier networks in China.
Indonesia pushes for ATIGA upgrade signing in 2025
ndonesia is pushing for the completion of the upgraded ASEAN Trade in Goods Agreement (ATIGA) in 2025. The agreement aims to strengthen economic cooperation among Southeast Asian countries. Indonesia has been actively involved in the negotiations and is committed to monitoring its implementation.
India-Malaysia trade to go beyond bilateral partnership, push new tech
India and Malaysia are part of two free trade pacts – the India-ASEAN FTA (Malaysia is one of the ten ASEAN countries that are signatories to the agreement) and the India-Malaysia CECA. Both pacts are now under review.
Asean FTA review: India to seek more tariff cuts, tighter RoR
India is looking for further tariff cuts in key items of its export interest, as part of the “complete review” of the free trade agreement with Association of South East Asian Nations.
Next round of India-Asean trade agreement review talks in Nov
India and Asean will meet from November 19 to 22, 2024, for the next phase of negotiations on their free trade agreement. The third round was completed in August 2023 in Jakarta. The review seeks to alleviate barriers and promote mutually beneficial trade.
FTA review talks with Japan, Korea, Asean moving slow, but India pursuing: Goyal
The negotiations to review the free trade agreements (FTAs) implemented with Japan, Korea, and Asean are moving slow but India is pursuing those talks.
India’s China loophole concerns fuel Asean free trade deal rethink
New Delhi’s review of zero-duty tariffs under its trade pact with Asean comes amid domestic concerns about cheap Chinese imports.
ASEAN hints at forming trade pact with Gulf Cooperation Council
ASEAN recently dropped another hint that they might try to strike a trade pact with the Gulf Cooperation Council (GCC) as the former tries to boost its trade with partners outside the region.
India, ASEAN to review trade agreement; finalize changes by year-end
India will seek to take a second look at the zero-tariff concessions granted by New Delhi to mobile phone imports in talks to review its free trade agreement with the 10-nation bloc of Southeast Asian nations.
Hungary’s EU presidency to back ‘quick’ FTA talks with PH: FM
Hungary, as the incoming president of the Council of the European Union, will push for the early conclusion of the bloc’s free trade agreement talks with the Philippines, its visiting foreign minister said.
Germany eyes stronger relations, trade and investment with Laos
Dr Lindner added that he hoped Laos’ chairmanship of Asean this year will also be a platform to strengthen ties with European Union countries, and to review the progress of EU members on finalising trade agreements with Asean.
US, Indo-Pacific partners holding talks in Singapore on clean energy
The US-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a "Clean Economy" investor forum to boost infrastructure and climate investments across the region.
Malaysia-EU FTA back on the table, says Zafrul
Malaysia is currently working on a free trade agreement (FTA) with the European Union (EU), according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, after initial negotiations between the two parties reached an impasse about 12 years ago.
Thailand-EU free trade pact on track for completion in 2025, Thai PM says
Thailand expects to complete its negotiations over a free trade agreement (FTA) with the European Union by the end of next year, Prime Minister Srettha Thavisin said during a state visit to France.
PH inks second protocol to ASEAN-Australia-New Zealand free trade deal
President Ferdinand Marcos Jr. recently announced the Philippines’ signing of the second protocol to the ASEAN-Australia-New Zealand Free Trade Agreement during the ASEAN-Australia Special Summit. This agreement aims to facilitate trade and investment opportunities for businesses, including micro, small, and medium enterprises, by reducing trade barriers and enhancing market access.
ASEAN-India Trade in Goods Agreement negotiations held
The third meeting of the ASEAN-India Trade in Goods Agreement (AITIGA) was held in New Delhi, with delegates from ASEAN countries participating. The meeting outlined focus areas for further negotiations, updated the work programme for the review and provided guidance to the sub-committees.
India should not cut customs duty on auto sector in any free trade pact: GTRI
The Global Trade Research Initiative (GTRI) said India has not given tariff or duty reductions for cars in its free trade agreements with ASEAN (Association of Southeast Asian Nations), Japan, and Korea.
ASEAN delegation to visit India on 17 Feb for FTA review
The review will focus on the ASEAN Trade in Goods Agreement, which has been in place for over a decade, and will likely include more goods and services under non-tariff barriers.
EU-ASEAN trade deal remains long-term objective: Envoy ​​​
The European Union recently said that reviving the regional trade pact with ASEAN remained a “long-term objective” as the group tried to finish similar negotiations with the individual members of the Southeast Asian bloc.