UK-India bilateral trade increased by over 11 per cent to nearly 24 billion pounds and the UK was the largest European market for India’s goods exports in the 2019-20 financial year.

The COVID-19 pandemic has caused prolonged socio-economic disruptions in the ASEAN region, exposing fundamental weaknesses and vulnerabilities in various sectors. Yet with steady measures in countries including Viet Nam and Singapore, coupled with the promise of vaccine rollouts, there is optimism for a speedy recovery.

According to the Ministry of Agriculture and Rural Development, the granting cultivation area codes and packaging facilities codes to serve the export of agricultural, forestry and fishery products have been implemented quickly and effectively, bringing good results nationwide.

The mammoth trade deal Regional Comprehensive Economic Partnership (RCEP) is expected to unlock more export markets for Vietnamese agricultural products, according to insiders.

Vietnam and Canada should utilise the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), to which both are signatories, and other free trade agreements (FTAs) to better facilitate bilateral trade and investment ties, Vietnamese Ambassador to Canada Pham Cao Phong has said.

The EU single market, or the internal market, is a wonderful economic creation and an outstanding achievement.

Vietnam can see an annual growth of up to 6.8 percent in the 2021-2025 period if the global economy recovers from Covid-19 impacts.

On 30 December 2020, all 27 EU member states agreed to the Comprehensive Agreement on Investment (CAI) with China after seven years of negotiation. The deal should bring new market opportunities and protections to European investors in China and boost China’s reforms. Both China and Europe should benefit from better access to capital, while technology, market links and competition bring impetus to growth. Chinese investors are likely to find more certainty in Europe as much of the industrial world is becoming more restrictive towards Chinese investment.

While South Korean President Moon Jae-in’s New Southern Policy has seen some major recent breakthroughs, the New Northern Policy (NNP) — targeting Russia, Mongolia and Central Asia — is yet to bear fruit. The fate of the South Korea–Uzbekistan free trade agreement (FTA) may decide the NNP’s success or failure when Moon leaves office in 2022.

The World Trade Organization has ruled in favor of South Korea in Seoul's dispute with the United States over high tariffs imposed on local steel and power transformer products