Southeast Asia nations reached a consensus to seriously look into establishing a free trade deal with the Eurasian Economic Union (EAEU), of which Russia is a party to.
Senior officials from Asean member countries are working on the arrangements and adoption of protocol in relation to the trade in services and to ensure the region is fully integrated into global supply chains in goods and services.
The economic gap between high flyers like Thailand, Singapore, Malaysia and Indonesia and laggards like Laos and Myanmar is too wide to be easily bridged.
Access to affordable medicines could be severely restricted for millions of people around the world under the current proposals in the Regional Comprehensive Economic Partnership (RCEP) trade agreement?
Indonesia and the European Union are one step closer to realising a free trade agreement after talks to discuss the scope of documents outlining the items they want to include in the negotiations.
ASEAN finance officials have adopted a new timeline for integrating financial services across the regional bloc, aiming to tear down market barriers more quickly.
The ASEAN Comprehensive Investment Agreement (ACIA) was adopted in 2009 to establish an investment environment based on international best practices.
Hard bargaining between potential partners.
Business leaders have called on the Indian government to conduct a thorough review of the country’s trade agreements as experts predict this year’s exports will slump to 2010 levels.
The liberalization of health care under the ASEAN Economic Community is clearly biased toward curative services as being more profitable than health promotion.
The EU’s request for an import duty reduction of 95 percent for all trade items is a particular obstacle because Indonesian industrial products cannot compete with European products.
Several countries have said they find it difficult to eliminate 65 per cent of the tariff lines upon signing of the RCEP, rising to 80 per cent in 10 years.
The economic integration of the ASEAN Economic Community leads to many challenges in the harmonisation of trade-related laws across ASEAN’s 10 member nations.
India has exhorted ASEAN countries to fast track the Regional Comprehensive Economic Partnership (RCEP) and underlined the need to forge regional value chains and production networks.
Thailand has decided to join the Trans Pacific Partnership (TPP). That will be the key message Prime Minister Prayut Chan-o-cha will deliver to President Barack Obama at the special Asean-US meeting.
A summit between Southeast Asian leaders and President Barack Obama is unlikely to deliver any big economic prizes, but will allow the American side to press the advantages of joining a Pacific trade pact that doesn’t include China.
The sweet promise that the ASEAN Economic Community (AEC) would pave the way for a single market among the 10-member bloc of more than 600 million people at the end of last year has so far excluded sugar exports from Cambodia.
Chairman of the EU-ASEAN Business Council explains why foreign investors are interested in Vietnam
Prime Minister Hun Sen will join other Asean leaders for a special meeting with US President Barack Obama.