ASEAN economic ministers adopted revisions to several terms in the Operational Certification Procedures (OCP) in the first Protocol amending the ASEAN Trade in Goods Agreement (ATIGA) during the virtual AEM-35th ASEAN Free Trade Agreement Council Meeting on September 8.
Hanoi (VNA) – ASEAN economic ministersadopted revisions to several terms in the Operational Certification Procedures(OCP) in the first Protocol amending the ASEAN Trade in Goods Agreement (ATIGA)during the virtual AEM-35th ASEAN Free Trade Agreement Council Meeting onSeptember 8.
Speaking at the event, the Vietnamese delegation, led by Deputy Minister of Industry and Trade Tran Quoc Khanh, said withthe bloc’s removal of 98.6 percent of tariff lines in ATIGA, the upgrade ofATIGA needs to help firms capitalise on its benefits via cutting compliancecosts and increasing trade facilitation measures.
Participating ministers also approved the additionof 107 kinds of farm produce and food into the list of necessities in ASEAN,raising the total to 257, in a bid to cope with the COVID-19 pandemic.
The event also took note of results recorded in regionalcustoms cooperation, especially in building the 2022 ASEAN Harmonized Tariff Nomenclature, which is expected to be launchedin next January./.
Tariffs cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhan Dan (People) e-newspaper on September 16.
The 37th ASEAN Summit and Related Meetings took place virtually from November 12-15. ASEAN leaders agreed to issue the Chairman's Statement of the 37th ASEAN Summit at the end of the event.
Vietnam’s ASEAN Chairmanship Year 2020 has officially concluded, with the country successfully leading the association through a challenging year and continuing to promote its role in the region and seize new opportunities.
ASEAN and the US Agency for International Development (USAID) on August 5 held the fifth symposium on the ASEAN Single Window (ASW) to plan for greater private sector engagement and facilitate cross-border trade.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Illustrative image (Photo: VNA) 
