The truth about Pakistan’s Russian oil deal prospects
Saving a few billion dollars is probably not in the best interest of a nation like Pakistan, at the end of the day.
Trade
As supply chain patterns evolve, Asean is more relevant than ever
Already a key driver of global economic growth, Asean’s trade and innovation hub status is set to help propel it to become the world’s fourth largest economy by 2030.
RCEP, CCFTA bring boons to China trade
A spokesperson said that under the Regional Comprehensive Economic Partnership, China has become a key development partner of Cambodia, along with South Korea and Japan.
OPEC+ agrees bigger output boost amid Russian isolation
As the economic screws have tightened around Russia, prices have further soared, putting pressure on the cartel to open the valves more widely and relieve the market.
China’s Japan-foods import ban used as ‘bargaining chip’
While Beijing seems to use the easing of the measures as a diplomatic bargaining chip, the maneuver may impact talks on China becoming a member of the Trans-Pacific Partnership.
Cambodia, UAE keen to scale up economic ties, look into CEPA
The CEPA would cover priority sectors such as online and conventional trade in goods and services, investment, economic cooperation, and small- and medium-sized enterprises.
China Cambodia’s largest milled-rice buyer in 5 months with 52.69% share
A government report also found that Cambodia's milled rice exports to foreign markets also surged by 21.73 per cent year-on-year.
US, Taiwan launch trade talks in bid to deepen ties
The process, labeled the US-Taiwan Initiative on 21st-Century Trade, follows an agreement US President Joe Biden announced last week with 12 Asian economies, which excluded Taiwan.
Media a key RCEP information source: Phnom Penh Post CEO
The 15 signatories of the RCEP account for about 30 per cent of the world’s population and 30 per cent of global GDP.
Bangladesh can’t take Russian oil, wheat in fear of sanctions: Foreign minister
"India is trying to resolve the energy issue. Russia offered energy and wheat to Bangladesh. But we cannot do the same in fear of sanctions," Momen said.