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...
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...
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....
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...