Thu, 09 Dec 2021

BANDAR SERI BEGAWAN -- The leaders of China and the Association of Southeast Asian Nations (ASEAN) agreed on Tuesday to deepen cooperation to help the region recover from the COVID-19 pandemic, including the early implementation of the Regional Comprehensive Economic Partnership (RCEP) Agreement.

In a joint statement issued following the 24th ASEAN-China Summit held online, China agreed to support the ASEAN Comprehensive Recovery Framework and its Implementation Plan, which will guide both sides in deepening their cooperation in various fields, including public health, social security, economic integration, digital transformation, and sustainable development. (ASEAN-China-Cooperation)

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BANDAR SERI BEGAWAN -- Leaders of the Association of Southeast Asian Nations (ASEAN) on Tuesday reaffirmed their commitment to upholding regionalism and multilateralism on the occasion of the 38th ASEAN Summit.

According to the "ASEAN Leaders' Declaration on Upholding Multilateralism," the 10 member countries believed that regionalism and multilateralism are important principles and frameworks of cooperation, and that their strength and value lie in their rules-based nature, inclusivity, transparency and openness, based on mutual benefit and respect. (ASEAN-Summit-Multilateralism)

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MANILA -- The Philippines and South Korea concluded their free trade agreement (FTA) negotiations on Tuesday, the Philippine Department of Trade and Industry (DTI) said.

In a statement, the DTI said Philippine Trade Secretary Ramon Lopez and South Korean Trade Minister Yeo Han-Koo signed and issued a joint statement announcing the conclusion of the FTA negotiations between the two countries. (Philippines-South Korea-FTA)

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KABUL -- The Taliban government's acting Prime Minister Mullah Hassan Akhund chaired a cabinet meeting on Tuesday reviewing Afghanistan's economic situation amid continued increase in poverty and unemployment, according to the General Directorate of Administrative Affairs.

During the routine meeting of ministers of the Afghan interim government, chaired by Hassan Akhund, the economic situation and completion of infrastructure projects were reviewed and concerned agencies were instructed to enhance efforts towards better management of the economic sectors, the General Directorate of Administrative Affairs said in a statement. (Afghanistan-Acting PM-Economy)

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HONG KONG -- The values of Hong Kong's total exports and imports of goods in September this year both recorded year-on-year increases by 16.5 percent and 23.5 percent, respectively, the Hong Kong Special Administrative Region (HKSAR) government said Tuesday.

According to the figures released by the Census and Statistics Department of the HKSAR government, for the first nine months of 2021 as a whole, the value of total exports of goods increased by 27.3 percent over the same period in 2020, year-on-year, while the value of imports of goods rose by 26.5 percent. (Hong Kong-Exports-Imports)

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