ASEAN Requests a Review of the Global Minimum Tax
On 19 August 2023, at the ASEAN Economic Ministers' meeting, the Chair of the ASEAN Investment Area (AIA) Council called for a review of the global minimum tax that is being implemented under Pillar Two of the OECD two-pillar international tax
See MoreASEAN Continues Negotiations on Regional Economic Partnership
The Association of South East Asian Nations (ASEAN) is looking for stronger economic cooperation with China, Japan and South Korea. The ongoing trade tensions among major economies and the rise of new technologies and the digital economy require
See MoreASEAN: Agreements Signed at Meeting of Economic Ministers
Economic Ministers from member states of the Association of South East Asian Nations (ASEAN) are meeting in Singapore between 29 August and 1 September. A number of important economic agreements have been signed or endorsed by the Ministers. AFAS
See MoreHong Kong signs free trade agreement with ASEAN
On 13 November 2017, ASEAN and Hong Kong signed a free trade and investment agreement hoping to strengthen economic cooperation between the two sides and promote development in the region. Both agreements, ASEAN-Hong Kong, China Free Trade Agreement
See MoreIMF deputy managing director comments on tax and economic growth in Asia
On 12 July 2017 the IMF Deputy Managing Director Mitsuhiro Furusawa, speaking in Indonesia, commented on the importance of international tax developments for economic growth in Asia. He stressed the importance of revenue mobilization and
See MoreASEAN and China sign FTA protocol
The Association of South East Asian Nations (ASEAN) and China signed a protocol to upgrade their Free Trade Agreement (FTA) on November 22 2015 in Kuala Lumpur, Malaysia. China is already ASEAN's largest trading partner, accounting for 14.5
See MoreFuture of the ASEAN Economic Community Discussed in Thailand
The “AEC+3 Summit and Expo” convened in Bangkok on 3 November 2014. The event aimed to encourage Thailand’s businesses to invest more in the other countries of the Association of South East Asian Nations (ASEAN) and to promote Thailand as an
See MoreSixth Meeting of China-ASEAN Free Trade Area Joint Committee
The Sixth Meeting of the China-ASEAN Free Trade Area Joint Committee and the First Round of Upgrading Negotiations of the China-ASEAN FTA was held in Hanoi, Vietnam, on September 23-24. The Chinese delegation composed of the Ministry of Commerce,
See MoreASEAN Inaugurates Narcotics Cooperation Centre in Thailand
The ASEAN Narcotics Cooperation Centre (ASEAN-NARCO) was officially launched in Bangkok on 15 September to further drive regional efforts in pursuing ASEAN Drug Free 2015. In order to working together on drug, ASEAN NARCO is now focusing on drug law
See MoreASEAN: SMEs 2025 Vision
In order to building upon the policy workshop, participants reaffirmed the vision by 2025, key representatives from small and medium enterprise (SME) policy makers, ASEAN Small and Medium Enterprise Working Group (SMEWG), thinktanks, dialogue
See MoreASEAN: Comprehensive Investment Agreement (ACIA) signs to Improve Investment Regimes
ASEAN Economic Ministers signed the Protocol to Amend the ASEAN Comprehensive Investment Agreement (ACIA) last week in Nay Pyi Taw, Myanmar. The main objective of the Protocol is to provide a mechanism to better facilitate ASEAN Member States (AMS)
See MoreThe amended protocol of AANZFTA has been welcomed by New Zealand
The signing of protocol to amend the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) has been welcomed by the New Zealand. AANZFTA is Australia’s first multi-country FTA. It is the first time Australia and New
See MoreASEAN: Reviews ongoing negotiations of FTAs with China, Japan and S Korea
The Economic Ministers of ASEAN met with the representative of China, S Korea and Japan to discuss and review the ongoing negotiations to upgrade their respective ASEAN+1 trade treaties. ASEAN and China presented the progress made in implementing
See MoreHong Kong emphasis to conclude ASEAN FTA
Hong Kong is planning to give emphasis on finalizing the proposed Hong Kong-Association of Southeast Asian Nations (ASEAN) free trade agreement (FTA) as quickly as possible. The Secretary for Commerce and Economic Development Gregory So announced
See MoreSingapore: In Pursuit Of Wider Free Trade Agreements
Singapore’s Minister for Trade and Industry has commented that owing to its network of bilateral and regional free trade agreements (FTAs) Singapore is among the most connected jurisdictions in the world and is therefore a suitable location for
See MoreChina-ASEAN FTA Commission Meets
The Fifth Meeting of the Joint Commission of China-ASEAN Free Trade Area (FTA) was held on March 11-13 2014. Delegations from China and the 10 ASEAN countries attended the meeting. The meeting focused on the implementation of the China-ASEAN Summit
See MoreAsia Pacific – ASEAN single market in 2015 and tax incentives
Beginning in 2015, the 10 member countries of ASEAN intend to form a common market—the ASEAN Economic Community (AEC)—based on the free flow of goods, services, investment, and skilled labor and the free flow of capital. The member states of
See MoreNew Zealand sets strategy for ASEAN Trade and Investment
As part of the new ASEAN strategy, New Zealand has made up an aspirant investment, trade and economic goals. Total trade between ASEAN and New Zealand has risen by an average of 9 percent per annum over the past ten years. New Zealand is the fourth
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