Brunei Darussalam ratified the Regional Comprehensive Economic Partnership (RCEP) agreement on October 12, becoming the sixth member country to ratify the deal, after Thailand, Singapore, China, Japan and Cambodia.
Leaders attend the 3rd RCEP Summit in Bangkok, Thailand on Nov. 4, 2019. (Photo: Information Dept)
Hanoi (VNA) - Brunei Darussalam ratified theRegional Comprehensive Economic Partnership (RCEP) agreement on October 12, becoming the sixth signatory country to ratify the deal, after Thailand, Singapore, China, Japan and Cambodia.
Ina press statement, Brunei's Ministry of Finance and Economy (MoFE) said, "Brunei's timely ratification of the RCEP, the world's largestfree-trade deal, signals our strong commitment to support the region's post-pandemicrecovery efforts, strengthening our economic and trade linkages, creating newopportunities for our businesses as well as support for an open, inclusive,rules-based multilateral trading system."
The RCEPmembers have expressed their resolve to ratify the agreement before the endof this year in order for the deal to take effect on Jan. 1, 2022 as targeted.
The RCEP agreement, gathering the 10 ASEAN member nations and Australia, China, Japan, New Zealand and the Republic of Korea, will make up nearly 30 percent of the world’s gross domestic products and create a market covering nearly one-third of the global population.
It was signed last November and will come into effect 60 days after it is ratified by at least six ASEAN members and three other signatory countries./.
Thai Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai has voiced Thailand's support for priorities and key deliverables of ASEAN in 2021 under Brunei’s ASEAN Chairmanship.
Brunei's Second Foreign Minister Erywan Mohd Yusof called on all ASEAN members to step up cooperation in the vaccination drive against COVID-19, and in addressing mental health issues, reported the Bernama news agency.
The 8th ASEAN Ministerial Meeting on Minerals (AMMin 8), which took place in form of teleconference, concluded on October 8, issuing a joint statement on the ASEAN Minerals Cooperation Action Plan (AMCAP).
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.