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East Asian Rivals Revisit FTA Amidst Tariff Fears

East Asian Rivals Revisit FTA Amidst Tariff Fears

by Teuvo Tuomi | Apr 15, 2025 | Asia, China, Economy, Japan, Korea, Trade

Just days before Donald Trump’s self-proclaimed “reciprocal” tariffs on most countries, South Korea, Japan, and China held their first economic talks in six years. The top trade officials of Seoul, Tokyo and Beijing all agreed to bolster cooperation in economy...
ASEAN Free Trade Spurs Rapid Growth

ASEAN Free Trade Spurs Rapid Growth

by Teuvo Tuomi | Sep 17, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Trade

Trading among ASEAN countries has increased significantly since the ASEAN Free Trade Area was established in 1992. The value of inter-ASEAN trade reached US$759 billion in 2023, accounting for 21.5% of the total trade value by the member countries. Laos’ Minister of...
FTAs Help Cambodia Attract More Foreign Investment: National Bank

FTAs Help Cambodia Attract More Foreign Investment: National Bank

by Teuvo Tuomi | Jul 8, 2024 | Cambodia, Business, Infrastructure, Innovation, Investment, News, Trade

The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s Governor Chea Serey says....
Indonesia to Impose 200% Import Tariff on Chinese Goods

Indonesia to Impose 200% Import Tariff on Chinese Goods

by Teuvo Tuomi | Jun 29, 2024 | Economy, China, Indonesia, News, Trade

Indonesia will soon impose up to a 200-percent import tariff on Chinese goods to mitigate the effects of the ongoing trade war between China and the United States. Indonesia’s Trade Minister Zulkifli Hasan says that the policy will take effect once the related...

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