Second Minister for International Trade and Industry, Ong Ka Chuan, has said Malaysia is expecting to sign FTA’s with both Hong Kong (as a member of ASEAN) and Iran by the end of 2017. The FTA between ASEAN and Hong Kong will be signed at the 31st ASEAN Summit in November in the Philippines, after... View Article

Iran’s President Rouhani will be officially inaugurated for another four years this Friday after being re-elected back in May. Federica Mogherini will attend in her role as chair of the Joint Commission of the Joint Comprehensive Plan Of Action (JCPOA). As there have been growing signs from the US that Trump is looking to subvert... View Article

Members of the World Trade Organization (WTO) recorded a net reduction on global trade restriction, according to the latest WTO Monitoring Report, which reviews trade and trade-related measures implemented by WTO Members during the period from mid-October 2016 to mid-May 2017. Roberto Azevêdo, Director-General of the WTO, said: “It shows that WTO members recognize the... View Article

The Myanmar government submitted a draft of the new Myanmar Companies Law to the Upper House on Thursday, reports The Irrawaddy. If approved, the new law will replace the Myanmar Companies Act from 1914. It aims to make regulatory framework more compatible with international practices and develop a functioning capital market in Myanmar with sufficient... View Article

 Taiwanese electronics manufacturer Foxconn has announced a US$10bn investment in a new factory in Wisconsin US creating 3000 jobs. The announcement by Foxconn founder Terry Gou, has been hailed as an ‘incredible investment’ by US President Donald Trump, reports the BBC “To make such an incredible investment, Chairman Gou put his faith and confidence in... View Article

US President Donald Trump tweeted today: “Working on major Trade Deal with the United Kingdom. Could be very big & exciting. JOBS! The E.U. is very protectionist with the U.S. STOP!” UK Secretary of State for International Trade, Liam Fox, was in the US earlier this week and met US Trade Representative Robert Lighthizer. In... View Article

Philippine President Rodrigo Duterte has invited Donald Tusk, President of the European Council, to attend the 12th East Asia Summit (EAS) as a guest of the ASEAN chair. The invitation to Donald Tusk marks a significant shift in the EU-ASEAN relations. ASEAN and the European Union will issue a joint statement on the state of... View Article

The European Union has announced today that it will open a Delegation to Mongolia, bringing the number of EU Delegations globally to 140. With this new Delegation in Ulanbaataar, the EU has a total of 140 Delegations around the world. European Commission President Jean-Claude Juncker said: “The European Union is delivering on a promise to... View Article

The Asian Development Bank (ADB) has upgraded their projected economic growth for ‘developing Asia’ in a new supplement to their annual Asian Development Outlook report. The increased growth prospects are based to a large extent on higher consumption and demand in the region and on higher than expected growth rates for China, which they predict... View Article

The post-Brexit EU-UK trade deal should be “one of the easiest in human history”, according to Liam Fox, UK Secretary of State for International Trade, speaking on BBC Radio 4’s Today programme. His expectations are based on the fact that currently there are “zero tariffs and maximum regulatory equivalence” in trade between the UK and... View Article