Textile and garment industry focus on key markets Reply

The US, Japan, the EU and the Republic of Korea will remain key export markets for Vietnam’s garment industry in 2013.

The US, Japan, the EU and the Republic of Korea will remain key export markets for Vietnam’s garment industry in 2013.

Reposted from Vietnam Investment Review

The US, Japan, the EU and the Republic of Korea will remain key export markets for Vietnam’s textile and garment industry in 2013, according to the Vietnam Textile and Apparel Association (VITAS). The association believes the US will continue to be the national textile and garment industry’s largest market in the coming time. Japan is expected to surpass the EU to become the second biggest importer with a turnover of $2.37 billion, an 18 per cent increase from 2012. More…

Regional Comprehensive Economic Partnership to create huge market Reply

The RCEP was officially launched on Tuesday during the 21st ASEAN Summit in Phnom Penh

The RCEP was officially launched on Tuesday during the 21st ASEAN Summit in Phnom Penh

Reposted from The Phnom Penh Post
By May Kunmakara

Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. More…

Hong Kong seeks trade ties Reply

Hong Kong eyes investment opportunities throughout Cambodia

Hong Kong eyes investment opportunities throughout Cambodia

Reposted from The Phnom Penh Post
By Erika Mudie

During a visit to Phnom Penh this week, Greg So, Hong Kong’s Secretary for Commerce and Economic Development, reiterated Hong Kong’s desire to be inducted into the ASEAN-China Free Trade Agreement and highlighted Cambodia as a potential beneficiary for foreign direct investment from Hong Kong. More…

Tokyo for free trade accord with Dhaka Reply

Jamuna Bridge, Bangladesh

Jamuna Bridge, Bangladesh

Reposted from The Financial Express

Japan has proposed forming a joint study group with Bangladesh to assess feasibility for quick implementation of a free trade agreement between the two Asian nations, reports BSS.

The proposal came when Dipu Moni met Chairman of Japan External Trade Organization (JETRO) Hiroyuki Ishige at his Tokyo headquarters office in Japan Tuesday, according to a message available in Dhaka Wednesday. More…

Malaysia-Bangladesh FTA on the cards Reply

Malaysia and Bangladesh vows to increase more trade and economic cooperation

Malaysia and Bangladesh vows to increase more trade and economic cooperation

Reposted from Business Times

Malaysia and Bangladesh are expected to commence negotiations for a proposed free trade agreement (FTA) in the near future, said Bangladesh High Commissioner to Malaysia, A.K.M. Atiqur Rahman.

He said the Bangladeshi government had submitted a proposal to the International Trade and Industry Ministry and talks could begin once the Malaysian government gave its feedback on the proposal. More…

Civil war over, Sri Lanka pitches trade Reply

Sri Lanka

Sri Lanka

Reposted from The Korea Times

With the long civil war now finally behind Sri Lanka, a trade delegation visited Seoul to make the case lifting trade and investment with the South Asian island nation.

Organized by the Sri Lankan Embassy here, trade officials pitched to a crowd of Korean businessmen reasons why now is the time to invest in Sri Lanka in a forum at the Korean Chamber of Commerce and Industry on Oct. 17.

Sri Lankan Ambassador to Korea Tissa Wijeratne said, ‘Like the old adage, ‘The happiest person is the one meeting friends on the road and entertaining friends at home,’ we should explore open new avenues of friendship between Korea and Sri Lanka. More…

EU delegation visits Vietnam to strengthen trade ties Reply

Reposted from The Vietnamese News Agency

Hanoi: The Vietnam – European Union (EU) Free Trade Agreement (FTA) will bring mutual benefits to both Vietnam and EU, a representative from the European Chamber of Commerce and Industry (EuroCham) said.

Vice Chairman of EuroCham Tomaso Andreatta made this prediction at a workshop on promoting EU-Vietnam export and investment, held by the Vietnam Chamber of Commerce and Industry of Vietnam (VCCI) and EuroCham in Hanoi on 8 July. More…

Bangladesh, Sri Lanka agree to take steps to boost bilateral trade, investment Reply

Bangladesh Foreign Minister Dr. Dipu Moni with Sri Lankan External Affairs Minister Prof G L Peiris

Dr. Dipu Moni in Dhaka yesterday, Sri Lankan External Affairs Minister Prof G L Peiris

Reposted from the BBC

Bangladesh and Sri Lanka have agreed to remove the constraints of tariff and non-tariff regime, and go for simplification and harmonisation of mutually recognised standards to boost bilateral trade that now stands at only $45 million a year.

Addressing a joint press conference with his Bangladesh counterpart Dipu Moni in Dhaka yesterday, Sri Lankan External Affairs Minister Prof G L Peiris said the Joint Economic Commission meeting to be held here shortly will take up the issues including the Agreement on Investment Promotion and Protection. More…