ASEAN Secretary-General Kao Kim Hourn has urged New Zealand and ASEAN to work closely to ensure that shifting trade dynamics do not undermine the rules-based multilateral trading system both sides support.
APEC member economies should prioritise discussing reform of the World Trade Organisation (WTO) to improve its operational efficiency, stated Vietnamese Minister of Industry and Trade Nguyen Hong Dien at the 29th Meeting of APEC Ministers Responsible for Trade (MRT) in Hanoi on May 28.
The Cambodian Ministry of Commerce on February 5 issued a feedback document about the country’s recent suspension of catfish imports from several neighbouring countries, including Vietnam, reaffirming Cambodia’s commitment to complying with and supporting the spirit of trade liberalisation.
The signing of the Regional Comprehensive Economic Partnership (RCEP) will be a testament to the world on ASEAN and its trading partners’ efforts in strengthening the multilateral trading system, a Malaysian minister has said.
Vietnam expects that Japan will continue to play a leading role in strengthening the multilateral trading system, facilitating trade and investment, and contributing to regional and global development and prosperity, said Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Vietnam to the UN, WTO and other international organisations in Geneva.
Members of the Association of Southeast Asian Nations (ASEAN) have reaffirmed commitment to upholding the open and rules-based multilateral trading system which has underpinned the countries’ economic growth during a meeting between ASEAN leaders.
Singaporean Prime Minister Lee Hsien Loong expressed his hope that the Regional Comprehensive Economic Partnership (RCEP) will be signed by the end of this year.
Trade ministers from 21 member economies of the Asia-Pacific Economic Cooperation (APEC) forum concluded talks on May 26 in Papua New Guinea without reaching agreement on the issue of a multilateral trading system.
Deputy Minister of Industry and Trade Tran Quoc Khanh highlighted Vietnam’s commitment to promoting the multilateral trading system while addressing a plenary session of the 11th World Trade Organisation (WTO) Ministerial Conference in Argentina on December 11.
Economic ministers at the Asia-Europe Meeting (ASEM) have agreed to raise voice against rising protectionism trend and boost cooperation in digital infrastructure to facilitate trade and investment.
