Cambodia and the Republic of Korea have reached an agreement to avoid double taxation on income and prevent tax evasion, while industry insiders said the agreement will attract more Korean investors to Cambodia.

The leaders of South Korea and Indonesia discussed ways to strengthen their cooperation in various areas Monday, including infrastructure projects and the economy.

India’s sudden withdrawal from the Regional Comprehensive Economic Partnership talks has hit negotiations involving the other 15 countries of the treaty, which is expected to be finalized by the end of this year.

The Southeast Asian economy has grand plans to raise its retirement age, allow trade unions and become a leading innovation centre.

The European Union has brought a dispute in the World Trade Organization (WTO) against Indonesian export restrictions for raw materials used in production of stainless steel. These restrictions unfairly limit access of EU producers to raw materials for steel production, notably nickel as well as scraps, coal and coke, iron ore and chromium.

The 20 leading countries of the Group of the European Union are jeopardizing global trade relations by making promises that will keep the markets open, “said EU G20 members, pledge to help to change the WHO rules to address the stresses.

A series of seminars and business-to-business matching events were held in Seoul and Busan port cities, the Republic of Korea (RoK) during November, within the framework of the Techfest Vietnam 2019.

Foreign ministers from the Group of 20 major economies agreed Saturday that it is “urgent” to reform the World Trade Organization, Foreign Minister Toshimitsu Motegi said, amid an escalating U.S.-China tit-for-tat tariff trade war.

The over-internationalisation of the domestic affairs of ASEAN member states (AMS) and judgmental statements from the European Union (EU) on ASEAN affairs are ruining ASEAN’s reputation and undermining ASEAN centrality and integrity unless ASEAN itself is accepting to be a second-class community.

Beginning next year, there will be no limits on the amounts of sugar imports into Việt Nam from ASEAN countries.