Archive for category: News

  • U.S., Mexico reach NAFTA deal, turn up pressure on Canada

    U.S., Mexico reach NAFTA deal, turn up pressure on Canada

    News August 31, 2018 3:09 pm no comments

    WASHINGTON (Reuters) – The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact. Auto stocks soared and the S&P 500 [...]

     
  • CPTPP debate picks up steam as deadline looms

    CPTPP debate picks up steam as deadline looms

    News August 30, 2018 3:08 pm no comments

    KUALA LUMPUR: With less than six months left to the February 2019 “deadline” and with a new government in place, the debate on whether Malaysia should ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is picking up steam. It appears that at least a couple of domestic regulations [...]

     
  • India allays exit fears, to remain engaged in RCEP

    India allays exit fears, to remain engaged in RCEP

    News August 29, 2018 3:07 pm no comments

    New Delhi: Allaying fears that India may exit trade talks under the Regional Comprehensive Economic Partnership (RCEP) to avoid giving more market access to China, an informal group of ministers (GoM) headed by trade minister Suresh Prabhu has decided that India will remain engaged in the 16-member trade grouping. India will [...]

     
  • Pressure mounting to ratify CPTPP

    Pressure mounting to ratify CPTPP

    News August 20, 2018 2:59 pm no comments

    Recently, Singapore became the third nation to ratify the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) after Mexico and Japan. Malaysia’s future in the agreement, however, continues to hang in the balance. Malaysia’s participation in CPTPP is a hot-button issue. It cuts across all pillars of national interests, but missed the [...]

     
  • Hanoi will endorse America’s Indo-Pacific push, but ‘in a low-key manner’, predicts Singapore-based researcher

    Hanoi will endorse America’s Indo-Pacific push, but ‘in a low-key manner’, predicts Singapore-based researcher

    News August 18, 2018 2:57 pm no comments

    Vietnam is likely to support the United States’ Free and Open Indo-Pacific (FOIP) strategy, but “in a low-key manner”, according to an academic at the Iseas-Yusof Ishak Institute. Le Hong Hiep, a fellow at the state think-tank, has called the American strategy “largely compatible with Vietnam’s national interests”. But Hanoi’s [...]

     
  • RCEP trade ministers to meet on Aug 30-31 in Singapore

    RCEP trade ministers to meet on Aug 30-31 in Singapore

    News August 13, 2018 2:54 pm no comments

    The meeting is important as the 16-member bloc now needs specific political guidance to move the negotiations further. Trade ministers of Regional Comprehensive Economic Partnership (RCEP) member countries, including India and China, will hold a crucial meeting in Singapore on August 30-31, an official said. The meeting is important as [...]

     
  • HCM City leader pledges optimal conditions for Japanese investors

    HCM City leader pledges optimal conditions for Japanese investors

    News August 11, 2018 2:53 pm no comments

    Ho Chi Minh City will create optimal conditions for Japanese firms to do long-term business in the city, said Vice Chairman of the municipal People’s Committee Le Thanh Liem. Receiving a delegation of the Japan Chamber of Commerce and Industry (JCCI)’s Youth Commission led by its head Uchida Shigenobu on [...]

     
  • PM affirms resolve to control inflation amid big pressure on CPI

    PM affirms resolve to control inflation amid big pressure on CPI

    News August 6, 2018 2:50 pm no comments

    Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable. The PM was chairing the Government’s monthly meeting in Hanoi on July 31 to [...]

     
  • India-ASEAN FTA needs to be expanded: Vietnam envoy

    India-ASEAN FTA needs to be expanded: Vietnam envoy

    News July 31, 2018 10:16 am no comments

    The free trade agreement (FTA) between India and the 10-member ASEAN needs to be upgraded and expanded for the pact to deliver desired results, Vietnamese Ambassador to India Ton Sinh Thanh has said. “The India-ASEAN FTA has not led to as much expansion in trade between the two countries. There [...]

     
  • 16 nations reach 2 more deals in RCEP talks

    16 nations reach 2 more deals in RCEP talks

    News July 30, 2018 10:17 am no comments

    Sixteen economies, including Japan, China and 10 members of the Association of Southeast Asian Nations, concluded negotiations in two more areas covered by the envisaged Regional Comprehensive Economic Partnership free trade agreement. Negotiators from the Asia-Oceania countries struck deals on customs procedures and trade facilitation and on government procurement during [...]