Bilateral trade between Canada and Indonesia remains small — amounting to just over US$3.7 billion in 2019.
Cambodia recently notified the Asean Secretariat it is ready to comply with AHKFTA, meaning the pact covers all Asean member countries from Feb 12.
Trade ministers from India and the Southeast Asian association agreed this month to start discussions on reviewing the scope of the ASEAN-India free trade agreement (AIFTA), some 10 years after it came into force.
The Commerce and Industry Ministry is trying to prepare a roadmap and a scoping paper to quickly start review of respective free trade agreements with Japan and ASEAN, Union minister Piyush Goyal said on Tuesday.
The part in relation to Cambodia under the ASEAN-Hong Kong free trade agreement (FTA) and Investment Agreement (IA) is set to take effect on February 12, according to Hong Kong’s Trade and Industry Department.
The free trade and investment agreements between Hong Kong and the Association of Southeast Asian Nations (ASEAN) will come into force in full on Feb. 12 when the part related to Cambodia took effect.
Portugal will try to conclude a free-trade agreement between the EU and the South American trade bloc Mercosur during its six-month EU presidency, and attempt to expand Europe’s ties with other potential trade partners.
Bangladesh has formally initiated negotiations with the Association of South-East Asian Nations (Asean) to sign a free trade agreement.
If indeed the RCEP is an ASEAN-led initiative, it fell short of supporting the ASEAN Community Vision 2025. The RCEP offers little in terms of shedding ASEAN’s elitist image and committing to the development of a highly inclusive, people-oriented and people-centred community.
The European Union and the Association of Southeast Asian Nations (ASEAN) have agreed to elevate their relationship to a strategic partnership, marking a first step to simplified trade between the bodies.
Prime Minister Narendra Modi called for an early review of the ASEAN-India trade in goods agreement that has been pending for a long time at the virtual ASEAN-India Summit.
China’s interconnectivity strategy under the Belt and Road Initiative enables Thailand to better exert the agreement on market opening under the framework of China-ASEAN Free Trade Area.
Minister of Trade Agus Suparmanto attended a virtual ’special caucus’ meeting of 10 ASEAN Economic Ministers discussed status of the RCEP draft and consolidated ASEAN countries’ position in preparation for the signing of RCEP agreement in this year.
This study casts serious doubt on earlier more optimistic projections of projected gains and shows that the case for proceeding with the RCEP without India’s participation is even less convincing.
Indonesia is set to sign a trade agreement with South Korea and seeks ensure that a larger deal at the regional level will also be inked, as the country focuses on increasing overseas market access in the hopes of lifting its economy out of the mire of the pandemic.
Hong Kong Special Administrative Region (HKSAR) government said that the commitments relating to Hong Kong and Brunei member state, under the trade and and investment agreements between Hong Kong and ASEAN, will enter into force on Oct 20.
India’s insistence on reviewing its free trade agreement (FTA) in goods with the ASEAN region may not be done as quickly as it hopes, as most of the Southeast Asian nations are reluctant to immediately start getting into the nitty gritty of negotiations.
As of last week, there are at least 8 distinctive cooperative frameworks relating to the Indo-Pacific region, which reflects the region’s growing economic and strategic importance within the rapidly-changing international stage.
Southeast Asian countries facing the daunting challenge of kick-starting economic recoveries from COVID-19 are showing little interest in a step that could help — fast-tracking free trade talks with the European Union.
India is engaging with the 10-member ASEAN to review the free trade agreement, Parliament was informed on Friday.