Cambodian exporters are hopeful that a free trade agreement with South Korea will boost trade between the nations and attract more investment into the Kingdom.

A conference titled “Opportunities and Challenges arising from CPTPP agreement for Việt Nam’s seafood – fruits, vegetables – animal husbandry, meat processing industries” was held in the Mekong City of Cần Thơ on Wednesday (27 November).

In 2018, Vietnam’s agriculture sector witnessed its highest growth rate in recent years — 3.76 per cent. Export revenue from the sector was US$40 billion, with a trade surplus of US$8.72 billion. Prime Minister Nguyen Xuan Phuc expressed expectations for the sector to fulfil the aspirations of the nation, and suggested that Vietnam should strive to join the group of 15 largest agricultural nations in the world.

Israeli Ambassador to India Ron Malka said the Indo-Israel FTA was progressing and such an agreement would be fruitful for both countries.

The Regional Comprehensive Economic Partnership (RCEP) is a mega free-trade agreement (FTA) which was negotiated by 16 countries, including India and China.

South Korea and the 10 member countries of the Association of Southeast Asian Nations (ASEAN) clamored for free trade and anti-protectionism during their special summit that ran for two days through Tuesday in the South Korean southern port city of Busan.

Trade tensions are heating up between Indonesia and the European Union (EU) after the latter complained to the World Trade Organization (WTO) about the Southeast Asian country’s alleged illegal subsidies and ban on nickel ore products.

South Korea’s trade commission said Thursday it will soon decide whether to extend the existing anti-dumping tariff on stainless steel plates imported from Japan, which was first imposed in 2011.

Viet Nam’s logistics industry can reap the rewards of the country’s growing economy.

The US president, preoccupied by domestic politics, and China, determined to persist in its deleveraging campaign, both seem ready for a trade-war truce. While fears of deglobalisation and global decoupling are overblown, the US may still divert trade away from China, at a cost to American consumers