EU-Singapore trade deal to take effect on November 21
A trade deal between the European Union (EU) and Singapore will go into effect on November 21, President of the European Commission (EC) Jean-Claude Juncker has announced.
Singapore has been the EU's largest trading partner in Southeast Asia, with a total bilateral trade in goods of over 53 billion EUR (59 billion USD) and another 51 billion EUR of trade in services. (Photo: Getty Image)
Hanoi (VNA) - A trade deal between the European Union (EU) and Singapore will go intoeffect on November 21, President of the European Commission (EC) Jean-ClaudeJuncker has announced.
In a statement, Junckerhailed the deal as a building block towards a closer relationship betweenEurope and Singapore which is located in one of the most dynamic regions in theworld.
Singaporean Trade MinisterS. Iswaran was quoted by Bloomberg as saying that the deal's entry into force "isa strong signal by two like-minded partners on the need to continue upholdingopen and rules-based trade".
Singapore has been theEU's largest trading partner in Southeast Asia, with a total bilateral trade ingoods of over 53 billion EUR (59 billion USD) and another 51 billion EUR oftrade in services.
The parties havealso agreed an investment protection agreement, but this is the morecontroversial as it sets up a special court to decide business conflicts.
After a successfulbattle spearheaded by environmentalists in Europe, this aspect of the deal willneed the national ratification by the EU's 28 member states before enteringinto effect.
The deal withSingapore came after the EU suspended efforts to strike a bloc deal with the10-member Association of Southeast Asian Nations (ASEAN) in 2009 amidwidespread disagreements.
The EU has insteadpursued deals with individual ASEAN countries and has concluded a pact withVietnam./.
Economic ministers from member countries of the Association of Southeast Asian Nations (ASEAN) and EU Trade Commissioner Cecilia Malmstrom on March 2 reached consensus on the official ratification of EU-ASEAN Free Trade Agreement (ASEAN-EU FTA) by the end of 2018.
Vietnam and the European Union (EU) have finished the legal review process for their free trade agreement (FTA) and reached agreement on the entire of the bilateral investment protection deal.
Vietnam regards its relationship with the European Union (EU) as a priority in its foreign policy, Vietnamese Ambassador to Belgium and head of the Vietnamese mission to the EU Vu Anh Quang has said.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Singapore has been the EU's largest trading partner in Southeast Asia, with a total bilateral trade in goods of over 53 billion EUR (59 billion USD) and another 51 billion EUR of trade in services. (Photo: Getty Image) 
