You searched for "asean" (2 results found)

ASEAN Countries Lobby for Free Trade Agreements with Russia

  • 9 Sep 10:04

ASEAN Countries Lobby for Free Trade Agreements with Russia A number of Southeast Asian countries, members ofASEAN, have called for improvements in the region’s free trade status with Russia at this week’sEastern Economic Forumin Vladivostok, Rhythm of Eurasiareports. Nearly all members with the exception of Vietnam, which has a free trade agreement (FTA) with the Russia-inclusive Eurasian Economic Union (EAEU), suffer from low bilateral trade volumes with Russia. But the Vietnam experience has seen Viet-Russian bilateral trade jump from practically zero to $10 billion in three years. Other ASEAN nations are understandably keen to duplicate this. The nearest point to Russia for most ASEAN members is, in fact,. Read more...

Russia, ASEAN hail growing trade ties

  • 31 Aug 11:57

Russia, ASEAN hail growing trade ties Russia’s Minister of Economic Development Alexei Ulyukayev met his counterparts from ASEAN member countries in Kuala Lumpur for the Fourth AEM-Russia Consultations. According to figures released after the meeting, Russia-ASEAN trade grew by 13 percent in 2014 to touch $22.5 billion. Russia and the Association of Southeast Asian Nations (ASEAN) hailed growing trade ties after official statistics showed a rise of 13 percent in trade between Russia and the grouping in 2014, despite challenging global economic conditions. Trade between Russia and ASEAN grew to $22.5 billion in 2014 from $19.9 billion, a year earlier. The figures were released after a meeting. Read more...