Turkey to Forge Closer Ties with ASEAN and Asia
Turkey is seeking to forge closer ties with ASEAN and Asia through its Asia Anew initiative which was launched in late 2019.
UK Joins ASEAN as Dialogue Partner, Looking at Joining CPTPP Asia-Pacific Free Trade Agreement
The British House of Lords has launched a new inquiry on the potential accession of the UK to the CPTPP trade agreement.
ASEAN’s Free Trade Agreements: An Overview
It is important for foreign investors to understand ASEAN’s free trade agreements (FTAs) to capitalize on the bloc’s long-term potential.
Singapore Establishes Travel Corridor with Taiwan: Key Features
Singapore has established a one-way travel corridor with Taiwan under the Air Travel Pass scheme (in effect since December 18, 2020).
The End of Britain’s EU Transition Period is Set to Boost Economic Ties with Asia
In 2019, Asia accounted for 20 percent of both the UK’s exports and imports. These levels were on par with the Americas, albeit growing much quicker.
Japan’s JICA Provides Loans to Support SMEs and Infrastructure in Myanmar
The Japan International Cooperation Agency signed a loan agreement with the government of Myanmar to provide 42.7 billion yen to support SMEs and infrastructure.
US Extends GSP Status for Indonesia
The US extended Indonesia’s Generalized System of Preference (GSP) status in early November 2020, meaning thousands of Indonesian exports to the US are duty free.
The Singapore-Hong Kong Travel Bubble: Salient Features
From November 22, 2020, the Singapore-Hong Kong travel bubble will come into effect, allowing short-term visitors to travel between both countries.
More Countries Join ASEAN’s Treaty of Amity and Cooperation
In early November, South Africa, Thailand, and Cuba became signatories to ASEAN’s Treaty of Amity and Cooperation (TAC).
The Asia Briefing Weekly Round Up
The Asia Briefing Weekly Round Up, designed to help our ASEAN readers stay up to date with developments elsewhere in Asia.