Expo held to boost Lancang-Mekong sub-regional trade and investment

The 2019 Lancang-Mekong Cooperation (LMC) Exposition opened Thursday in Kunming, capital of southwest China’s Yunnan Province, aiming at boosting sub-regional trade and investment. More than 2,000 merchants from home and abroad are expected to attend the five-day event, which has set up 1,800 booths in five ...

After Trump Rebuke, Vietnam Scrambles to Avoid US Trade Dispute

The U.S. government agreed this week to give another coast guard vessel to Vietnam so the Southeast Asian country can increase its defense against China. But behind that move, Vietnam and the United States are struggling over a growing trade deficit that has alarmed U.S. ...

Ralph Jennings

Thailand boosting rubber exports a concern

Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said. In March, the International Tripartite Rubber Council (ITRC), which comprises Thailand, Indonesia and Malaysia, agreed to reduce rubber exports ...

EU Issues Damning Report on Cambodia Before Looming Deadline on Trade Benefits Decision

In a scathing report, the European Union warned Cambodia that it has not taken enough steps to prevent a loss of its special trade privileges, noting particularly “further deterioration” of its human rights record since a review process was launched nine months ago. The confidential 70-page ...

Parameswaran Ponnudurai

RCEP abandons year-end goal for deal

Leaders from 16 Asia-Pacific nations including Japan, China and India have effectively given up on achieving the goal of finalising their free trade deal by the end of this year, according to a joint statement issued on Monday. In the statement released after their summit, the ...

Kyodo News

RCEP ministers fail to reach agreement

Ministers from 16 Asia-Pacific nations failed to reach an agreement on creating the world’s largest free trade area at their meeting on Friday, a Thai negotiator suggested, but some are optimistic about the chances of a deal by year-end. A senior Japanese government official told reporters ...

Kyodo News

Thailand Seeks US Talks After Trade Privileges Loss

Thailand plans to seek talks with the United States on a decision to end preferential trade privileges on a range of Thai exports including seafood, officials said Monday. Keerati Rushchano, acting director-general of the Commerce Ministry’s Foreign Trade Department, said his office has been warning exporters ...

Associated Press

Upgraded China-ASEAN FTA brings huge opportunities to Vietnam

Vietnam’s leading dairy producer TH Group, the first Vietnamese enterprise granted transaction codes to export milk products to China, looked forward to tapping opportunities for Vietnam’s dairy products brought by the upgrading protocol of China-ASEAN Free Trade Area (CAFTA). At a ceremony marking Vietnam’s export of ...

huaxia

Many Thai products to lose GSP privileges in the US

Thailand’s Department of Foreign Trade will announce on Monday the details of its suspension of duty-free treatment for some Thai products under the Generalised System of Preferences (GSP). This follows US suspension on Friday of such preferred treatment for Thai products worth around US$1.3 billion, citing ...

The Nation Reporter

Trade union bill changes passed

The Council of Ministers approved draft amendments to 10 articles of the Law on Trade Unions without modification on Friday, leaving some unions disappointed and claiming that the majority of their suggestions had not been included. Articles 3, 17, 20, 21, 27, 28, 29, 54, 55 ...

Long Kimmarita

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