Malaysia has expressed its readiness to negotiate in four key areas: addressing the US’s reported 24.8 billion USD trade deficit with Malaysia, removing non-tariff barriers, strengthening protections for technology and national security, and exploring the possibility of a bilateral trade agreement.
Santoso stated that at a bilateral meeting with WTO Director-General Ngozi Okonjo-Iweala on the sidelines of an APEC session in Jeju, the Republic of Korea on May 15, the Indonesian side reaffirmed its support for the WTO as a rule-based multilateral trade regime to maintain its credibility and strengthen its role in resolving trade issues, easing trade tensions, and averting acts that could harm the multilateral trade system.
Quebec leaders expressed their determination to bolster comprehensive cooperation with Vietnam as part of Canada's strategy to diversify markets and reduce its dependence on the US market.
Amidst escalating global trade tensions, Vietnam’s economy is poised to maintain stable growth in 2025, UOB Vietnam experts said at their recent “global and Vietnam economic outlook 2025” event.
Amidst the complicated developments in the global market, the MoIT has directed foreign market departments and Vietnam’s trade offices abroad to closely monitor market trends, as well as economic, political, and policy changes in the region and the world that could impact trade with Vietnam.
Philippine President Rodrigo Duterte called on the 10-member Association of Southeast Asian Nations (ASEAN) to enhance economic integration to counter protectionism and global trade tensions while addressing the 35th ASEAN Summit in Bangkok, Thailand, on November 3.
The economic growth of the ASEAN+3 region, including 10 member Southeast Asian nations and the Republic of Korea, Japan and China, is expected to remain resilient in the long run despites escalating global trade tensions and external headwinds, according to the latest report released by the ASEAN+3 Macroeconomic Research Office (AMRO) on May 1.
Singapore has become the third country to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to a statement by its Ministry of Industry and Trade on July 19.
