ASEAN, Canada agree to launch bilateral FTA negotiations
ASEAN member countries and Canada have agreed to launch negotiations on a free trade agreement (FTA) during the ASEAN Economic Ministers (AEM) – Canada Consultation which was held virtually on November 17.
The ASEAN Economic Ministers (AEM) – Canada Consultation was held virtually on November 17. (Photo: VNA)
Hanoi (VNA) – ASEAN member countries and Canada have agreed to launch negotiations on a free trade agreement (FTA) during the ASEAN Economic Ministers (AEM) – Canada Consultation which was held virtually on November 17.
The event was co-chaired by Mohd Amin Liew Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II of Brunei, and Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development of Canada.
The FTA is among economic priorities in the ASEAN Chairmanship Year of Brunei.
The ministers tasked officials to develop a work plan to take forward the negotiations as soon as possible.
They discussed the trade and investment situation in the region amid the COVID-19 pandemic and the Canada-ASEANBusiness Council (CABC)’s recommendations to strengthen bilateral economic cooperation.
The ministers also exchanged views on measures to respond to COVID-19 impacts on the economies of the regional countries, and reaffirmed commitments to continue seeking ways to reduce the pandemic’s impacts.
They also underlined the need for global cooperation, including the ensuring of access to vaccine supplies in an equal, safe and efficient manner.
At the meeting, Vietnam and other ASEAN member countries welcomed contributions by Canada to the COVID-19 ASEAN Response Fund to promote a stronger economic recovery from the pandemic.
Vietnam actively engaged in the discussion and gave proposals on cooperation orientations between ASEAN and Canada in the time to come to ensure the smooth circulation of goods and services, reinforcing regional supply chains amid a changing global economy and negative impacts of COVID-19./.
Foreign Minister Bui Thanh Son attended the ASEAN-Canada Post Ministerial Conference via a videoconference on August 5, as part of the 54th ASEAN Foreign Ministers’ Meeting.
Foreign Minister Bui Thanh Son attended the ASEAN-Canada Post Ministerial Conference via a videoconference on August 5, as part of the 54th ASEAN Foreign Ministers’ Meeting.
Thai Deputy Prime Minister and Foreign Minister Don Pramudwinai emphasized that ASEAN and Canada are "like-minded partners", especially in promoting multilateralism in his remarks at the ASEAN-Canada Ministerial Meeting via videoconference on August 5, according to Thailand's Ministry of Foreign Affairs.
A free trade agreement between the Association of Southeast Asia Nations (ASEAN) and Canada will be a win-win for all sides, particularly in the context of economies that are struggling to come out of the pandemic, Canada’s Prime Minister Justin Trudeau has said.
Thailand’s Cabinet on November 9 approved the negotiation framework for the ASEAN-Canada free trade agreement (FTA), hoping the pact will help open a gateway for Thailand to enter North America.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.
The new halal cooperation arrangement will streamline halal certification and product assurance processes, making it easier for New Zealand exporters to access the Indonesian market.
VAMAF President Datuk Shaharuddin Omar shared the plan at the association’s 103rd anniversary ceremony, noting support from the Vietnam Veterans Association. The initiative is expected to open new markets for Malaysian Halal products and improve livelihoods for its members.