Trade – once a key driver of growth for the Pacific Rim region – is slowing, and its moderation is affecting the economy, says the newest APEC Regional Trends Analysis, or ARTA.
Barbara Chapman has been appointed chair of the CEO Summit Committee for APEC 2021, New Zealand Trade and Export Growth Minister David Parker announced on Thursday.
In a joint statement, Trade Secretary Ramon M. Lopez and South Korean Trade Minister Yoo Myung-hee “affirmed their common goal to achieve a comprehensive and future oriented FTA.” With this affirmation, they announced the official start of FTA negotiations with the objective of concluding the trade deal by November.
Southeast Asian leaders will dissect the impact of the US-China tariff war this weekend at a Bangkok summit, with Beijing determined to drive forward a trade pact sweeping in 40 percent of global commerce — but excluding America.
Southeast Asian leaders gathered in Bangkok on Saturday determined to drive forward the world’s largest commercial pact, with the trade war between the US and China clouding the outlook for their export-led economies.
IF the Philippines intends to boost shipments and export freely to Canada, then it has to enlist in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a diplomat said on Thursday.