Trade ministers of 16 involving countries have agreed to speed up negotiations so as to sign the Regional Comprehensive Economic Partnership (RCEP) in 2018.
ASEAN economic ministers at the 49th AEM (Source: VNA)
Hanoi (VNA) – Trade ministersof 16 involving countries have agreed to speed up negotiations so as to sign theRegional Comprehensive Economic Partnership (RCEP) in 2018.
RCEP member nations have agreed thatthe negotiations over the regional trade agreement will be concluded in 2018,Indonesian Trade Minister Enggartiasto Lukita told reporters after a meeting inManila, the Philippines, on November 12.
The involving nations need to be morepractical and flexible to narrow the gaps among them, he commented.
RCEP economic ministers admitted inSeptember that negotiations over the agreement would not be reached this year.Previously, RCEP nations have missed out the deadlines in 2015 and 2016.
Initiated in 2012, RCEP is a tradeagreement among 10 ASEAN member nations and six dialogue partners, namelyAustralia, China, India, Japan, the Republic of Korea and New Zealand.
RCEP whose member nations account for50 percent of the world’s population and 39 percent of the global GDP isexpected to be the world’s biggest trade bloc.
🍸 Unlike the Trans-Pacific Partnership(TPP) deal, RCEP members are not required to observe regulations on protecting labourrights and enforcing environment standards.-VNA
Trade ministers of 16 countries in the Asia-Pacific region will gather in the Republic of Korea this week to discuss the Regional Comprehensive Economic Partnership.
President of the Republic of Korea (RoK) Moon Jae-in has urged efforts to promote free trade in the Asia-Pacific region and voiced support for the early conclusion of a regional trade deal known as the Regional Comprehensive Economic Partnership (RCEP).
China’s Foreign Ministry affirmed that the Trans-Pacific Partnership (TPP) pact will not affect the prospects for the Regional Comprehensive Economic Partnership (RCEP) deal.
Prime Minister Nguyen Xuan Phuc arrived in Manila, the Philippines, on the afternoon of November 12, to attend the 31st ASEAN Summit and related meetings from November 12-14.
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.
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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.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.