If Vietnam and China can further optimise their neighbourliness as well as the huge trade potential under the EU-Vietnam Free Trade Agreement (EVFTA), bilateral trade will reach a new height, an official said at an online business matching event on December 17.

Egyptian Minister of Trade and Industry Nevine Gamea said that reaching a free trade agreement with the Eurasian Economic Union (EAEU) is one of Egypt's most important priorities during the current period.

South Korea formally inked a comprehensive trade deal with Indonesia on Friday, paving the way for local exporters to penetrate deeper into the Southeast Asian market.

The Vietnamese Embassy in Egypt and the Alexandria Chamber of Commerce jointly held a seminar themed “Vietnam-Egypt economic & trade cooperation potential” on December 17, attracting the participation of representatives of Alexandria’s businesses as well as many Egyptian economic experts and advisers.

Bangladesh recently initiated formal negotiations with the Association of South East Asian Nations (ASEAN) for a free trade agreement (FTA) to enjoy greater market access in the bloc after graduating from the least developed country (LDC) group. An FTA will do away with the need to sign bilateral agreements with the 10 ASEAN member nations.

Taiwan is working on “informal consultations” with member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) before it formally applies to join the trade bloc, Ministry of Foreign Affairs (MOFA) spokeswoman Joanne Ou (歐江安) said yesterday.

The UK is seeking to forge closer trade links with Pacific Rim nations and Southeast Asia as part of its efforts to diversify economic partners post-Brexit.

The Joint Committee under the Vietnam-EU Comprehensive Partnership and Cooperation Framework Agreement (PCA) held the second meeting in both virtual and face-to-face forms on December 15.

Vietnam and Italy on December 14 agreed on plans for post-pandemic economic recovery and optimising the benefits to be gained from the EU-Vietnam Free Trade Agreement (EVFTA), thus boosting economic ties between the two countries.

A diversified supply chain and numerous free trade agreements (FTAs) have set the stage for a strong comeback for Vietnam's footwear and textile sector, said experts and industry leaders.