Japan consumers asked to accept higher prices for Philippine bananas
The Philippines embassy's unusual request for a price hike was made to the Japan Retailers Association, which includes supermarkets among its members, in early June.
Trade
South Korea’s Yoon touts nuclear energy, green tech, chips as strengths at Nato summit
He held 10 bilateral talks on the sidelines of the Nato summit, seeking to reduce the nation’s economic dependence on China and make Europe an alternative market.
Indonesia and United Arab Emirates reach trade pact
The accord, reached during a visit by Indonesian President Joko “Jokowi” Widodo to Abu Dhabi, will remove or sharply reduce duties on most goods traded between the Muslim…
China’s BRI beneficial with a side of risk?
BRI-participating economies represent over a third of global gross domestic product and more than half of the world’s population, the Organisation for Economic Cooperation and…
Nepal, Bangladesh get $1 billion to boost regional trade and connectivity
The programme will help improve selected road corridors and upgrade key land ports and custom infrastructure.
National Assembly Chairman vows favourable conditions for Vietnam-UK trade ties
The Vietnamese top legislator highlighted the significance of the signing of the UK – Vietnam Free Trade Agreement (UKVFTA).
China accuses G-7 of ‘creating division’ over trade criticism
The United States has long cast a wary eye at China over its trade practices, which Washington believes are designed to accord an unfair advantage to Chinese companies over…
India, EU resume free trade talks after 9 years
The European Union is India's second-biggest trading partner after the United States but talks with the bloc broke down in 2013 over issues including tariff reductions and patent…
Japan, US to talk semiconductors with eye on China during Economic 2+2 next month
By working out concrete measures during the Economic 2+2, the two countries aim to build supply chains that can counter China, which has been ramping up domestic production of…
BRICS unity key for post-pandemic world
Analysts say high-quality collaboration among BRICS nations can help the world overcome the Covid-19 pandemic and other challenges.