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With the US-led Trans-Pacific Partnership Agreement in limbo, Asean's Regional Comprehensive Economic Partnership has come to the fore. But a lot more needs doing before it comes to be.
PETALING JAYA: Negotiations for the Regional Comprehensive Economic Partnership (RCEP) between Asean and six of its dialogue partners are on track to meet its target conclusion by the end of this year.
PETALING JAYA: Senior Asean and Chinese officials made “headway” yesterday when they completed negotiations on the draft framework on the Code of Conduct (CoC) in the contested South China Sea.
ASEAN plans to implement a scorecard to monitor each member’s efforts to reduce trade barriers which have increased significantly and are hampering efforts to integrate the 10 economies.
Asean leaders are worried that the rest of Asia will be the first to be hit and suffer from the fallout from a potential nuclear war if the current tension in the Korean peninsula is not contained.