Lokman Hakim Thai PM
BANGKOK: Asean collectively recorded higher trade and foreign direct investments (FDIs) last year despite current global economic uncertainties and the ongoing trade war between China and the United States.
In a joint statement in conjunction with the 51st Asean Economic Ministers’ (AEM) Meeting, the ministers said based on preliminary data, trade in goods in the region increased by 8.7% year-on-year (y-o-y) while trade in services expanded by 10.6% y-o-y.
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