The Republic of Korea (RoK) will spare no efforts to help conclude the Regional Comprehensive Economic Partnership (RCEP) by the end of this year by forging deeper ties with the Association of Southeast Asian Nations (ASEAN), as the country strives to revitalise its ailing exports, said the Korean Ministry of Trade, Industry and Energy on January 7.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on January 6 for Japanese Minister for Foreign Affairs Motegi Toshimitsu, who is on an official visit to Vietnam.
Below is a recap of ten of the year’s most consequential headlines impacting consumers, investors and financial markets worldwide chosen by the Vietnam News Agency.
Despite the setbacks, the Regional Comprehensive Economic Partnership (RCEP) deal has the potential to dramatically improve economic prospects among its members, said Auramon Supthaweethum, Director-General of the Trade Negotiations Department under the Thai Ministry of Commerce.
After 13 years of joining the World Trade Organisation (WTO), Vietnam has become a part of the global economy with total export and import turnover of nearly 480 billion USD, nearly double its GDP.
Leaders of 16 Asia-Pacific countries, including Japan, China, and India, on November 4 issued a joint statement on the postponing of the signing of the Regional Comprehensive Economic Partnership (RCEP) to 2020 instead of 2019 as scheduled.
The 35th ASEAN Summit and Related Summits, held in Thailand from November 2-4, had concluded successfully, said Thai Prime Minister Prayut Chan-o-cha at a press conference on November 4 evening.
Prime Minister Nguyen Xuan Phuc attended the 3rd Regional Comprehensive Economic Partnership (RCEP) Summit and met with Japanese PM Abe Shinzo on November 4, wrapping up his activities at the 35th ASEAN Summit and Related Summits.
Thailand has urged Japan to help finalise the Regional Comprehensive Economic Partnership (RCEP), a free trade agreement grouping the 10 ASEAN countries and six other nations.
Prime Minister Nguyen Xuan Phuc and other leaders from the Association of Southeast Asian Nations (ASEAN) joined Chinese Premier Li Keqiang at the 22nd ASEAN-China Summit in Bangkok on November 3.
Leaders of the Southeast Asian countries met for a second day on November 3 within the framework of the 35th ASEAN Summit and related summits in Thailand, hoping for a breakthrough in the negotiations of the Regional Comprehensive Economic Partnership (RCEP).
Measures to boost cooperative ties between Vietnam and the RoK in various fields, including trade and investment, were discussed at the a session held in Hanoi on October 23.
Sixteen nations under the Regional Comprehensive Economic Partnership (RCEP) agreement have vowed to conclude negotiations on the free trade agreement by the end of this year, said Thai Commerce Minister Jurin Laksanawisit.
Secretary-General of the Association of Southeast Asian Nations (ASEAN) Lim Jock Hoi has expressed his confidence that the Regional Comprehensive Economic Partnership (RCEP) will be completed in principle before Thailand’s chairmanship ends at the end of this year.
Thai Prime Minister Prayut Chan-o-cha called on the Association of Southeast Asian Nations (ASEAN) to accelerate plans for Sustainable Development Goals (SGDs) while attending the 74th session of the United Nations General Assembly in New York on September 25.
The Commerce Ministry of Thailand will push three policies to resolve the low price of five agricultural goods, increase cross-border exports and register geographical indication products for sale on e-commerce markets.
Thailand will hold bilateral negotiations with Japan, New Zealand and India in an attempt to finish talks on the Regional Comprehensive Economic Partnership (RCEP) by November.
Economic ministers of the 10 ASEAN member countries and China have agreed to bolster the bilateral trade during their meeting on the sidelines of the 51st ASEAN Economic Ministers’ Meeting (AEM 51) in Bangkok.
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