Everybody needs the Regional Comprehensive Economic Partnership to be concluded by this year, says Enggartiasto Lukita, Indonesia's trade minister. He also says he believes that all 16 countries will be on board with the trade agreement.
Indonesian Trade Minister Enggartiasto Lukita said all 16 countries negotiating a mega Asia-Pacific trade agreement should remain in the framework.
Mahathir Mohamad, Malaysia's prime minister, says he would "prefer" signing the Regional Comprehensive Economic Partnership without India, Australia and New Zealand "for the time being."
Malaysian Prime Minister Mahathir Mohamad's seeming refusal to commit to a clear timeline to step down raised concerns about the stability of his government.
India's reluctance to open up its markets has been a sticking point as Asia Pacific countries negotiate the RCEP mega trade pact.
BANGKOK, June 23- Southeast Asian leaders agreed on Sunday to work together on regional economy and security to strengthen their position amid growing U.S.- China tensions, as they wrapped up their summit in Bangkok. Prayuth urged ASEAN nations to complete negotiations this year for the China-initiated Regional Comprehensive Economic Partnership pact...
A summit for leaders of the 10- member Association of Southeast Asian Nations being hosted by Thailand this weekend is expected to adopt the Bangkok Declaration on Combating Marine Debris in ASEAN Region. Thailand, the current chair of the group, has lauded the declaration as a "big step" for the region, whose coasts have seen whales and sea turtles wash up dead in...
BANGKOK, April 2- Thailand is providing delegates to an Asian finance minister and central bank summit with face masks this week as smoggy air pollution hits alarming levels. The air quality index in Chiang Rai, where Thailand will host the Association of Southeast Asian Nations' Finance Ministers and Central Bank Governors' meeting this week, reached levels...
*Indonesia says EU deforestation criteria unfair to palm. *Indonesia asks ASEAN to defer stronger EU partnership. JAKARTA, Jan 31- Indonesia intends to challenge an EU directive on renewable energy at the World Trade Organization, arguing the plan to curb the use of crops that cause deforestation will unfairly target palm oil, a senior Indonesian official told...
Malcolm Cook of ISEAS says RCEP is not looking "hopeful," but there could be new trade negotiations in 2019 with "ASEAN Plus 3," which includes China, Japan and South Korea, but not Australia, New Zealand and India.
Southeast Asia is "a very attractive alternative" for companies looking to diversify away from China in the trade war, according to Satish Shankar from management consultancy Bain & Co.
Satish Shankar of Bain & Company says firms will still move their supply chains to Southeast Asian countries even if the U.S. and China resolve their trade issues, in part because the process is already underway.
The U.S. president's absence at the ASEAN meeting may signal to regional allies that Washington is not "as committed to Asia" as they would like, said Alex Capri, visiting senior fellow at the National University of Singapore.
The Regional Comprehensive Economic Partnership's member countries don't have enough "political will" to achieve a level of detail that will make the agreement "deeper" and "more substantial," says Alex Capri of the National University of Singapore.
Indian Prime Minister Narendra Modi said that the pace and push of using technology in the financial sector should serve to improve the lives of the world's most marginalized people.
"As you can see from the midterm elections, he has not done so well. The chances of him getting a second term is a bit bleak at the moment," the Malaysian leader told CNBC.
Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions.
Alexander Feldman of the U.S.-ASEAN Business Council weighs in on the relationship between the two regions and says he is "excited" about the Southeast Asia.
Before the Trump administration began calling for unimpeded commerce and an end to authoritarianism in the Indo-Pacific, both Japan and Indonesia already had their own policy ideas for the critically important region.
Vice President Mike Pence will join world leaders from China, Japan and India at the ASEAN Summit in Singapore this week.