Last updated on May 7th, 2021 at 05:57 am
Member states of the of the Association of Southeast Asian Nations together with China, Japan and South Korea on Thursday vows to strengthen and maintain open markets among nation amid the Covid-19 pandemic in hopes to fight off the impact created by the health crisis.
The economic ministers of each nations met on an online video conference chaired by Vietnam Minister of Industry and Trade Trade Tran Tuan Anh and talks about ways to mitigate the economic impact of Covid-19 pandemic.
The ministers, in a joint statement, acknowledged the urgent need to intensify the effort of addresing the effects on the health crisis to the people including economic disruptions that impacted the regional supply chains, the financial market and workforce.
ASEAN is also looking for ways to facilitate regional trade amid the coronavirus pandemic.
While all Asian countries collectively agrees to the importance of keeping the market open, efforts to strengthen and sustain the regional supply chains are necessary to maintain steady flow of goods and services.
They also encouraged each countries to enhance close coordination among the custom agencies, promoting trade especially at land borders. The ministers also agreed to pursue initiatives to strengthen joint efforts on post–pandemic recovery in the region and restore economic growth through enhanced regional trade and economic cooperation between nations.
In a move that could reshape people's connection to artificial intelligence on social media, X has made its cutting-edge chatbot,…
In 2025, creators, journalists, educators, and businesses are relying on speech-to-text technology more than ever. The goal is simple —…
Asia at the Epicenter of the Gold Shock The April 2025 tariff announcement by U.S. President Donald Trump sent immediate…
Two years ago, Sir Jim Ratcliffe visited Manchester United’s Carrington training base and described it as “a gloomy hospital basement.”…
Search engines are still here but platforms supported by artificial intelligence are fast becoming the gatekeepers of e-commerce decisions. It…
The UAE recently participated in the 2025 High-Level Political Forum (HLPF) on Sustainable Development, organised by the UN Department of…
This website uses cookies.
Read More