RCEP members approved the establishment of an Accession Working Group (AWG) to begin the formal accession process for Hong Kong and other applicant economies. Hong Kong’s Secretary for Commerce & Economic Development welcomed the decision as a pivotal step toward RCEP membership. This marks a concrete procedural advance in Hong Kong’s bid to join the […]
The 32nd ASEAN Economic Ministers-METI Consultation was held in Manila, with discussions on a possible upgrade of the ASEAN-Japan Comprehensive Economic Partnership (AJCEP) Agreement. The meeting also welcomed implementation of future economic cooperation measures between ASEAN and Japan.
The ASEAN Secretary-General participated in the 10th ASEAN Economic Ministers–Hong Kong, China Consultation in Manila, where discussions covered progress in implementing the ASEAN–Hong Kong, China Free Trade Agreement (AHKFTA). The meeting addressed ongoing FTA implementation matters between ASEAN and Hong Kong, China.
The ASEAN Secretary-General attended the signing of the First Protocol to Amend the ASEAN-Hong Kong, China Investment Agreement (AHKIA). The protocol aims to enhance economic relations and improve transparency and predictability in investment arrangements between ASEAN and Hong Kong, China.
The ASEAN Secretary-General participated in the 23rd AEM-ROK Consultation in Manila, where ministers discussed progress of the ASEAN-Korea Free Trade Area (AKFTA) upgrade negotiations that commenced in 2026. The meeting also exchanged views on broader ASEAN-Korea trade relations.
Hong Kong signed the First Protocol to Amend the ASEAN-Hong Kong Investment Agreement in Manila, securing non-discriminatory treatment for Hong Kong firms across all 10 ASEAN member states. ASEAN is Hong Kong’s third-largest outward direct investment destination. The protocol represents a formal amendment to the bilateral investment framework.
The European Commission has imposed provisional safeguard measures on imports of grain-oriented electrical steel products, using tariff-rate quotas combined with price thresholds. This action targets steel imports and represents a named trade remedy measure with immediate effect.
The European Commission released a report showing continued high demand for trade defence action in 2025, with an above-average number of investigations opened. The report covers EU anti-dumping, countervailing, and safeguard activity for the year.
The EU has published a new regulation modifying the list of products and commodities covered under the EU Deforestation Regulation (EUDR). This update affects exporters of relevant commodities to the EU market. Vietnam’s Ministry of Industry and Trade flagged this for affected Vietnamese exporters.
Australia has passed legislation creating a single specialist trade remedies body by transferring safeguard inquiry responsibilities from the Productivity Commission to the Anti-Dumping Commission. The move aims to make Australia’s trade remedies system more accessible and effective for Australian manufacturers. The Anti-Dumping Commission will become the central authority for all trade remedies functions.