Trade

Trade policy and regulation

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

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

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

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

Cambodia’s rice farmers in serious danger

Half a million Cambodian farmers could possibly be looking at empty rice bowls if the European Union (EU) pushes through with the withdrawal of its Everything But Arms (EBA) trade preference. While the garment and footwear sectors stand to lose the most if the EBA trade scheme – ...

Jason Thomas

Kingdom rejects VN request

Cambodia rebuffed Vietnam’s request to provide nationality to its citizens living in Kratie, Mondulkiri, Ratanakiri and Stung Treng provinces, with officials saying law enforcement is the Kingdom’s responsibility. Chheang Vun, the head of the National Assembly’s Committee on Foreign Affairs, International Cooperation, Propaganda and Information, told ...

Laos plans regulatory reforms to boost trade at border crossings

The Ministry of Industry and Commerce will continue efforts to improve or remove unnecessary measures and regulations relating to exports and imports to bolster cross-border trade. Officials in charge of trade facilitation met in Vientiane last week for the 2nd Trade Facilitation Committee Secretariat meeting to ...

Bounfaeng Phaymanivong

Upgrading the ASEAN–China Free Trade Agreement

In 2015, ASEAN and China signed an upgraded protocol to improve the original Framework Agreement for the ASEAN–China Free Trade Area (ACFTA). The upgraded protocol entered into force in July 2016 and implementation will start from August 2019. Since ACFTA was launched, China’s share of ASEAN ...

Jayant Menon and Anna Cassandra Melendez

EU-Vietnam trade deal prompts concern in Thailand

On June 30 in Hanoi, Vietnamese and EU officials signed a new free trade deal that could shift the balance of manufacturing in the region. The EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement will reduce tariffs and facilitate trade between the two parties. Vietnam will ...

Skylar Lindsay

PM: Ending trade pacts hurts development

Prime Minister Hun Sen called on World Trade Organisation (WTO) member states and development partners “to give close consideration” before removing preferential trade status from Least Developed Countries (LDCs). Speaking at the opening of the WTO’s 2019 Global Review of Aid for Trade in Geneva, Switzerland ...

Hin Pisei

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