The Mutual Recognition Arrangement, which will be signed by the 10 South-east Asian states later this year, aims to enhance supply chain security and facilitate trade in the…
He also added that the global supply chain was affected by the Ukraine-Russia conflict as well as Covid-19, resulting in world food prices rising by more than 30%.
Former US Trade Representative negotiator Wendy Cutler also said the initiative is largely aimed at setting common regional standards for sectors including clean energy, digital…
Although the Port of Shanghai has been operational, capacity was largely restrained because of the reduced availability of goods in the past two months. The port is the world's…
Saving a few billion dollars is probably not in the best interest of a nation like Pakistan, at the end of the day.
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.
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.
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.
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.
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.