ASEAN vows to deepen comprehensive strategic partnership with China: Secretary-General

Since elevating bilateral ties to a comprehensive strategic partnership in 2021, ASEAN and China have seen their trade surge, cementing their status as each other's largest trading partners, ASEAN Secretary-General Kao Kim Hourn.

Kao Kim Hourn, ASEAN Secretary-General speaks during an interview with Xinhua in Jakarta, Indonesia. (Photo: Xinhua)
Kao Kim Hourn, ASEAN Secretary-General speaks during an interview with Xinhua in Jakarta, Indonesia. (Photo: Xinhua)

Hanoi (VNA) – The Association of Southeast Asian Nations (ASEAN) is committed to deepening its comprehensive strategic partnership with China and upholding multilateralism, the bloc's Secretary-General Kao Kim Hourn has said.

During a recent interview granted to Xinhua, Kao said that since elevating bilateral ties to a comprehensive strategic partnership in 2021, ASEAN and China have seen their trade surge, cementing their status as each other's largest trading partners.

He depicted the Version 3.0 ASEAN-China Free Trade Area (FTA) - with negotiations substantially concluded - as a pivotal driver for their cooperation in digital economy, green industries, blue economy and streamlined customs protocols.

Kao emphasised that ASEAN expects the ASEAN-China FTA 3.0. to be completed within this year, bringing enormous economic potential to both sides.

"We will bring more tariffs down to zero in many cases and then expand to all areas. So that would be good to make sure that ASEAN is on track to truly become a single market in the future," he said.

He also expressed ASEAN's resolve to uphold free trade amid rising global protectionism./.

VNA

See more

Singaporean Prime Minister Lawrence Wong (Photo: Reuters)

Singapore dissolves parliament ahead of general election

According to a government statement, 97 parliamentary seats will be contested in this election - four more than in the previous term. Nomination Day has been set for April 23, with the official polling date expected to be announced later today.

Malaysian Minister of Investment, Trade and Industry Tengku Zafrul Aziz (Photo:businesstimes.com.sg

Malaysia takes measures to soften US levy impact

Among the steps announced are the enforcement of anti-dumping duties, countervailing taxes and safeguard measures to shield domestic industries from redirected exports stemming from global trade tensions.

At the welcome ceremony for Indonesian President Prabowo Subianto (L). (Photo: Xinhua)

Indonesia, Jordan sign MoUs, defence pact

Indonesian President Prabowo Subianto and King of Jordan Abdullah II witnessed the signing of three cooperation memoranda of understanding (MoUs) across agriculture, education and religious affairs and one defence cooperation pact in Amman on April 14.

Illustrative photo (Photo: AFP/VNA)

Indonesia seeks new markets for palm oil

Indonesia is the world's biggest producer of the edible oil used in making foods such as cakes, chocolate, and margarine as well as cosmetics, soap and shampoo, accounting for more than half of the global supply.

Thai police seize a large amount of SIM cards from suspected scam gangs in October 2024 . (Photo: Bangkok Post)

Thailand enacts new law to combat fraud

Financial institutions, telecom operators and social media platform owners that fail to follow anti-scam measures are liable to a fine of up to 500,000 THB (14,900 USD). Any individual who is responsible for the failure is liable to a jail term of up to one year and/or a fine of 100,000 THB.

A view of MAS building, Singapore (MAS) (Photo: nbcboston.com)

Singapore loosens monetary policy

The Monetary Authority of Singapore (MAS) lowered its core inflation forecast for 2025 to between 0.5% and 1.5%, indicating expectations of subdued domestic price pressures.

Thailand moves to ensure tourist safety, protect marine ecosystems

Thailand moves to ensure tourist safety, protect marine ecosystems

As many as 39 support and safety centres have been set up along Thailand's coastlines, aiming to ensure tourist safety and encourage the public to protect marine ecosystems by avoiding littering, refraining from feeding or touching rare marine animals, and respecting natural habitats.

Speakers at the discussion session on major markets and connectivity at the forum. (Photo: VNA)

ASEAN, China strengthen media cooperation

Media and think tank representatives from the ten ASEAN member states and China engaged in in-depth discussions on topics such as artificial intelligence (AI) at the ASEAN-China Media and Think Tank Forum in Malaysia on April 11

MAS eased its Singdollar policy in January for the first time in five years (Photo: straitstimes)

Singapore expected to ease SGD policy amid US tariff moves

All 14 economists in a Bloomberg survey forecast that the MAS, which uses the exchange rate rather than interest rates to stabilise prices, will reduce the slope in the policy band of the Singapore dollar’s nominal effective exchange rate on April 14.