ASEAN, partners highlight importance of economic resilience in shadow of US tariffs
Trade and regional unity in the spotlight on day two of the ASEAN summit in Kuala Lumpur. Members of the Regional Comprehensive Economic Partnership (RCEP) called for wider trade efforts, and faster additions of new members. The current free trade pact, which includes 10 ASEAN nations - along with China, Japan, South Korea, Australia and New Zealand, covers about 30% of global GDP, making it the world's largest trading bloc.
Chinese Premier Li Qiang earlier urged all sides to uphold free trade and reject protectionism, in an apparent push back against Trump’s tariffs. Melissa Goh reports from Kuala Lumpur.
Trade and regional unity in the spotlight on day two of the ASEAN summit in Kuala Lumpur. Members of the Regional Comprehensive Economic Partnership (RCEP) called for wider trade efforts, and faster additions of new members. The current free trade pact, which includes 10 ASEAN nations - along with China, Japan, South Korea, Australia and New Zealand, covers about 30% of global GDP, making it the world's largest trading bloc.
Chinese Premier Li Qiang earlier urged all sides to uphold free trade and reject protectionism, in an apparent push back against Trump’s tariffs. Melissa Goh reports from Kuala Lumpur.
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