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ASEAN


China the big export winner, Thailand ’not fully benefiting’: TDRI
China seems to be the manufacturing base that is benefiting the most from the free-trade agreement with Asean countries, as the value of exports from China to Asean in three major industries have increased significantly over the past decade, according to the Thailand Development Research Institute (TDRI).
Indonesia ready for FTA with New Zealand, Australia
Indonesia is ready to soon implement a free trade agreement with Australia and New Zealand as part of a free trade pact signed by ASEAN and the two countries.
Philippines prepares for regional economic integration by ’15
The Philippines will be focusing on beefing up regulatory reforms in various sectors, in preparation for integration into the Association of Southeast Asian Nations Economic Community (AEC) by 2015.
First GCC-Asean business forum set
Aiming to explore further trade and investment opportunities in many areas, the Sultanate will host the first GCC-Asean Business Forum in February next year.
Exporters urged to use lower tariffs under free trade deal
Filipino exporters are encouraged to take advantage of reduced tariffs under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) to increase their exports of goods and services to Australia, the world’s 13th largest economy.
GCC-Asean FTA discussed
Officials at the GCC and Asean countries stressed the importance of enhancing co-operation in the fields of trade and investment and exploring the possibility of negotiation regarding the Free Trade Agreement between the two groups.
Customs misses 1st-half target by 8.6%
The Bureau of Customs on Wednesday said its collections in the first six months were 8.6-percent below target due to a strong peso and partly as a result of slower imports following Japan’s twin disasters in March.
Unbalanced power in trade
The EU and ASEAN states have been discussing the possibility of signing a Free Trade Agreement since 2007. Thankfully, the Indonesian government has decided that another one to two years is needed to fully investigate the effects of the FTA before signing.
Lugar urges US-Asean FTA negotiations
United States Senator Richard G. Lugar, the Republican Leader of the Senate Foreign Relations Committee, today introduced legislation encouraging United States officials to initiate Free Trade Agreement negotiations between the US and the Association of Southeast Asian Nations, which presently accounts for the fourth largest export market of the United States.
India implements trade pact with Philippines
Taking its market opening pact further with the 10-nation Asean bloc, India today announced implementation of its free-trade agreement with Philippines.
Germany for speedy conclusion of proposed EU-ASEAN FTA
Germany supports a speedy conclusion of the proposed free trade agreement between the European Union and ASEAN. This was in view of the non-conclusion of the Doha round of talks, says German Chancellor Angela Merkel.
Tariff cuts on Chinese, Korean vehicles pushed
Vehicle importers are urging the government to implement the scheduled tariff cuts under the Asean free trade agreements (FTAs) with China and Korea.
EU refines trade strategy
With Asean FTA off the table, country-by-country talks are moving slowly, with some major sticking points
DTI seeks improved benefits from free trade agreements
The Trade department aims to double the utilization rate of the country’s free trade agreements (FTAs) to 50% in five years as the government begins its efforts to strike a trade deal with the European Union (EU).
EU-Asean FTA set for revival, says Mustapa
The European Union-Asean Free Trade Agreement (EU-Asean FTA) is set to be revived following the positive political climate in Myanmar, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
Price of medicines may sky-rocket with FTA
The price of medicine might be out of reach for most people if Malaysia inks an understanding with the European Union on the Free Trade Agreement.
EU, ASEAN nations arranging FTA
The European Union (EU) says it is talking with individual ASEAN member nations to bolster support for a potential ASEAN/EU Free Trade Agreement to help both blocs.
RI, China, to improve work on trade
Chinese and Indonesian leaders are expected to sign an MoU on strengthening bilateral trade this week, one year after the ASEAN-China Free Trade Agreement (ACFTA) came into effect.
Indonesia Shouldn’t Renegotiate China FTA
Indonesia should focus on increasing its competitiveness rather than try to renegotiate the Asean-China Free Trade Agreement, economists and business executives said.
Chamber of commerce calls for ACFTA renegotiation
Debate over the ASEAN-China Free Trade Agreement (ACFTA) goes on as Indonesia’s Chamber of Commerce (Kadin) calls for renegotiation to give time for Indonesia to develop its downstream industry.