The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which is the new acronym for the earlier botched Trans-Pacific Partnership (TPP), might pose serious problems for Asean countries that are signing up to this major trade and investment deal.

The negotiations on preferential trade between Iran and India were finalized and only some stages of the agreement have remained which will be operational by next month, Seyyed Mojtaba Mousavian, director general of the Asia-Pacific Department of the Trade Promotion Organization of Iran, said in an interview with IRNA, Trend reports.

Goods of Hong Kong origin exported to the Chinese mainland begin to enjoy zero tariff from 2019, bringing new opportunities to Hong Kong companies and deepening economic ties among the Guangdong-Hong Kong-Macao Greater Bay Area, said Hong Kong business leaders.

In the run-up to Christmas, Tao Xin and his team of 200 salespeople in the eastern Chinese city of Yiwu work long hours dispatching the make-up and accessories they sell on Amazon and US ecommerce site Wish. 

A so-called “hard Brexit” is no longer a remote possibility in Europe. The Spanish government has nearly finalized its contingency plans to deal with the adverse effects for Spain should the United Kingdom crash out of the European Union in March of next year without a deal.

China’s soybean imports from the United States plunged to zero in November, marking the first time since the trade war between the world’s two largest economies started that China, the world’s largest soybean buyer, has imported no U.S. supplies.

The countdown to establishing one of the world’s largest free trade zones is now closer than ever.

For imports, China will levy temporary tariffs on more than 700 items and maintain relatively low import tariffs for aircraft engines, the ministry added.

Armenia has adopted an active and initiating policy in the Eurasian Economic Union (EAEU), Albert Babayan, deputy minister of economic development and investments, said in an interview to ARMENPRESS, summarizing Armenia’s 2018 in the EAEU and talking about the expected actions in 2019.

Indian officials will hold bilateral meetings with a few countries, including China and some ASEAN members, in the coming days to iron out issues hindering negotiations of RCEP mega trade deal, an official said.