The 10-member Association of Southeast Asian Nations (ASEAN) and its six trading partners remain optimistic about making a breakthrough on the long-delayed Regional Comprehensive Economic Partnership (RCEP) deal, Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit.
Bangkok (VNA) – The 10-member Associationof Southeast Asian Nations (ASEAN) and its six trading partners remainoptimistic about making a breakthrough on the long-delayed RegionalComprehensive Economic Partnership (RCEP) deal, Thai Deputy Prime Minister andCommerce Minister Jurin Laksanawisit.
He made the statement following the ASEANEconomic Community (AEC) Council in Bangkok on October 31.
Jurin said participants of the RCEP hope to finalise talks on the pact during the35th ASEAN Summit and related meetings from November 2-4.
The RCEP talks were launched in November 2012,with the goal of deepening economic cooperation between ASEAN and its six tradepartners namely China, Japan, the Republic of Korea, Australia, India and NewZealand.
The signatory countries to the RCEP have acombined population of about 3.56 billion, with a trading volume of more than 10.3trillion USD or 29 percent of world trade./.
The 51st ASEAN Economic Ministers’ Meeting (AEM 51) and related meetings officially opened in Bangkok on September 6, bringing together economic leaders from the 10 member countries of the Association of Southeast Asian Nations (ASEAN) and partner countries.
The final round of negotiations for the Regional Comprehensive Economic Partnership (RCEP) – a trade agreement between ten ASEAN member states and their six partners: Australia, China, India, Japan, New Zealand and the Republic of Korea – will focus on resolving issues and reaching mutual ground on market openness, trade freedom for goods and services as well as investment.
Secretary-General of the Association of Southeast Asian Nations (ASEAN) Lim Jock Hoi has expressed his confidence that the Regional Comprehensive Economic Partnership (RCEP) will be completed in principle before Thailand’s chairmanship ends at the end of this year.
Sixteen nations under the Regional Comprehensive Economic Partnership (RCEP) agreement have vowed to conclude negotiations on the free trade agreement by the end of this year, said Thai Commerce Minister Jurin Laksanawisit.
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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.
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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 (Source: VNA)
