Malaysia and the European Union may resume stalled free trade talks by the end of 2016, the Southeast Asian state’s premier said Wednesday in Germany according to the New Straits Times.
The defining factor behind Vietnam’s delay in formally approving the signed Trans-Pacific Partnership pact is the uncertainty over whether the US Congress will pass it.
Clothing and textile exports out of Vietnam jumped 4.4% on-year to US$18.7 billion in the eight months leading up to September of 2016, according to statistics of the Vietnam Cotton and Spinning Association.
The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States.
The Philippines is eyeing to forge a free trade agreement with Mexico to further deepen the bilateral trade and investment ties between the two countries.