ASEAN ministers say updating current trade deals will complement RCEP talks ASEAN ministers discussed ways to build up economic links so that businesses can survive turmoil.    © Reuters SINGAPORE — The countries of Southeast Asia affirmed their support for free trade on Saturday as uncertainties in the global trade environment threaten to hurt exports, which they see.. read more →

The newly signed agreements will bring greater market access for services providers, as well as reduce administrative hassle and costs for businesses. SINGAPORE: Economic ministers from the Association of Southeast Asian Nations (ASEAN) on Wednesday (Aug 29) inked two agreements aimed at deepening the integration of the services sector and improving trade facilitation within the.. read more →

2018 Aug 17
August 17, 2018

What’s next for RCEP?

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Progress on the agreement continues to be slow despite the growing urgency to complete it. Over the past few years, we have seen increased levels of interest among some Southeast Asian states in pursuing trade agreements, be it bilateral deals inked between them and outside actors or wider multilateral ones such as the Trans-Pacific Partnership.. read more →

The clock is running on Nafta negotiations. Though trade among the U.S., Canada and Mexico has tripled since the North American Free Trade Agreement took effect in 1994, U.S. President Donald Trump blames the accord for a loss of U.S. manufacturing jobs and for trade deficits. Talks to update Nafta effectively began last August with a pair.. read more →

In spite of what was earlier promised, a mega trade deal that would have linked around 30 percent of the global economy failed to find a substantial conclusion this year. Some countries behind the proposed Regional Comprehensive Economic Partnership (RCEP) still haven’t seen eye to eye on some contentious issues even after 20 rounds of negotatiations.. read more →