Malaysia calls for ASEAN agreement on US tariff negotiations

Malaysian Prime Minister Anwar Ibrahim urged members of the Association of Southeast Asian Nations (ASEAN) not to underestimate the issue, particularly amid the current global economic and political uncertainties.

Malaysian Prime Minister Anwar Ibrahim (centre) at the meeting (Photo: bernama)
Malaysian Prime Minister Anwar Ibrahim (centre) at the meeting (Photo: bernama)

Kuala Lumpur (VNA) - Malaysian Prime Minister Anwar Ibrahim has stressed that ASEAN countries must come together to reach an agreement on the tariffs imposed by the US to provide a strong foundation for future negotiations.

In a meeting on April 7, he urged members of the Association of Southeast Asian Nations (ASEAN) not to underestimate the issue, particularly amid the current global economic and political uncertainties.

Anwar described the US method for determining the tariffs as flawed and based on weak grounds.

However, he emphasised that Malaysia has opted for a moderate approach, as there remains room for discussions and the need to address certain exceptions in detail.

Anwar highlighted the strength of ASEAN as a bloc with a population of 640 million and an economy among the world’s top, noting the region’s growth and stability.

He stressed the importance of ASEAN presenting a unified stance to strengthen the foundation for the upcoming talks, and revealed that he had already discussed the issue with his ASEAN counterparts.

The new US tariffs, announced by President Trump on April 2, have significantly impacted several ASEAN countries, with Cambodia, Laos, and Vietnam being the hardest hit./.

VNA

See more

WB plans over 3 bln USD in financing for Philippines

Indonesia, RoK eye stronger creative economy collaboration

Assessing the prospects for cooperation, Minister Teuku Riefky Harsya said that under the Strategic Partnership between the two countries, there are significant opportunities to promote cooperation in production, talent exchange, digital game development and other technology-related fields that would benefit the creative industries of both Indonesia and the RoK.

Thailand targets 33 million foreign visitors this year

Thailand targets 33 million foreign visitors this year

TAT forecasts that Thailand will welcome 33 million international tourists in 2026, generating about 1.55 trillion THB (47.5 billion USD) in revenue, along with 200.4 million domestic trips, expected to generate about 1.1 trillion THB.

​ Thailand secures deal to export 500 tonnes of durian to China

​ Thailand secures deal to export 500 tonnes of durian to China

The highlight of the visit was the signing of a memorandum of understanding (MoU) between producers of Sisaket volcanic durian and the Huizhan market for the supply of 500 tonnes of durian. The agreement is expected to expand the market share of Thai fruit in China while enhancing the value of products protected by geographical indications.

UK backs Indonesia’s OECD accession

UK backs Indonesia’s OECD accession

The UK and Indonesia have launched an Economic Growth Partnership and pledged to work together to address technical barriers to trade, enhance regulatory transparency, and facilitate investment and business activities.

Thai broadcaster Jasmine International (JAS) inks an eleventh-hour deal for World Cup rights.

Thai broadcaster secures FIFA World Cup 2026 rights at last minute

JAS finalised the 70-million-USD agreement with FIFA on June 11. The deal grants the company exclusive rights to broadcast not only the FIFA World Cup in 2026 and 2030 but also a wide range of FIFA competitions through 2030, including men's and women's football tournaments, futsal, beach soccer, the FIFA Club World Cup and FIFA eSports events.

Underground cooling solution helps Singapore ease energy demand

Laos, Japan agree to strengthen bilateral cooperation

Lao Prime Minister Sonexay Siphandone and his Japanese counterpart Takaichi Sanae have reaffirmed their commitment to deepening the Comprehensive Strategic Partnership between the two countries, with a particular focus on expanding economic, trade, and investment cooperation.

Thailand imposes stricter rules for online advertisers

Thailand imposes stricter rules for online advertisers

Under the regulations, platforms must establish systems to verify the identities of individuals or organisations wishing to place advertisements before they are published. The measure aims to prevent criminal groups from using advertising space to lure victims or commit technology-related crimes that are causing significant damage.

Singapore to negotiate FTA with East African bloc

Singapore to negotiate FTA with East African bloc

Singaporean President Tharman Shanmugaratnam said Singapore welcomes the East African Community (EAC)'s intention to pursue an FTA with the city-state, emphasising that it will be an important step towards enhancing trade flows between the two sides and creating new growth drivers.