In the 2019 fiscal year, India's merchandise exports to the Association of Southeast Asian Nations (Asean) grew at a compound annual growth rate of about 5 percent to reach a total of $103 billion. Its imports from the region also increased...
On February 5th 2021, India and the EU held the first meeting of High-Level Dialogue on Trade and Investment attended by Minister of Industry and Commerce, Dr. Piyush Goyal from India and Executive Vice-President and Commissioner for trade ...
In September 2021, China applied to join the Trans-Pacific Partnership, a free trade agreement among 11 countries. It was the country's first attempt to join a major trade pact since the US exited the project four years earlier. Although Ch...
In Feb 2019 Ukraine's constitution was amended to commit to joining European Union (EU), North Atlantic Treaty Organization (NATO). An official application for Ukraine to join the EU was signed by Volodymyr Zelenskyy on 28 Feb 2022. But the...
To ensure the continued growth and development of the Asia-Pacific, there will be a free, open, and fair trade and investment environment, which supports the rules of the World Trade Organization in delivering a well-functioning and predict...
Economic Community of West African States was formulated through a treaty signed in Lagos, Nigeria on 28th May 1975. It is a 15-member regional group comprising of Benin, Burkina Faso, Cape Verde, Cote d’ Ivoire, The Gambia, Ghana, Guinea B...
The Covid-19 pandemic, with its re-surging cases in 2021 has put many nations in a difficult position regarding their economic status. The cases have affected the state’s ability to maintain the same revenue and production level which they ...
On November 4th 2019, Thailand passed the baton of ASEAN leadership to Vietnam. Vietnam officially became part of the ASEAN community in 1995 and became its 7th member. It remained outside the grouping during the Cold War era, and the ASEAN...
In the next five years, Sri Lanka is striding on a economic vision plan to achieve a export target of $20 billion dollars. The country’s export performance had recovered after the slump in the years 2015 and 2016 to US$ 16.4 billion dollars...
There is an expectation that coronavirus pandemic would be under control to a certain degree. Sri Lanka needs to look at effective structural adjustment programs (SAP) to spur the overall economic growth. However, if the coronavirus pandemi...
The Trans-Pacific Partnership was a massive trade agreement that was signed by 12 Pacific Rim countries, which included the US. TPP was attacked by both parties in the US. Many experts praised its economic benefits, but others were critical...
Japan has approved the biggest trade deal in the world in June 2021. The agreement, which is called the RCEP, will take effect in January 2022.RCEP is a free trade agreement between the US, China, Japan, and South Korea. It will create a ma...
