Hong Kong, Sri Lanka, Chile and Bangladesh are seeking to join the China-backed Regional Comprehensive Economic Partnership (RECEP), the world's largest trade bloc, Southeast Asian officials said on Thursday (25 September).
The RCEP currently consists of China, Japan, South Korea, Australia, New Zealand and all ten members of the Association of Southeast Asian Nations.
RCEP officials, who are meeting on the sidelines of a gathering of ASEAN trade and economic ministers in Malaysia this week, said they had few objections to accepting new applicants and will work towards bringing the four economies into the bloc.
"We are of course in support of any countries that are willing to join the RCEP," Indonesia's Vice Minister of Trade Dyah Roro Esti Widya Putri told reporters in Kuala Lumpur.
Malaysia's trade minister Tengku Zafrul Aziz said any decision on new RCEP members will be discussed when the bloc's leaders meet for the first time in five years in October.
Some analysts have described the RCEP as a potential buffer against tariffs imposed by the United States, though its provisions are considered weaker than some other regional trade deals due to competing interests among its members.
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The family of the late Virginia Giuffre have urged King Charles III to meet survivors of sexual abuse during his upcoming state visit to the United States.
India has purchased crude oil from Iran for the first time in seven years, as supply disruptions in the Middle East threaten global energy markets.
British police have arrested a fourth person in connection with an arson attack on ambulances belonging to a Jewish community charity. The arrest took place at a London court on Saturday, where three other suspects were already appearing.
Senegal has taken steps to curb government spending by banning non-essential foreign travel for ministers, as rising global oil prices place increasing pressure on the country’s finances.
One U.S. crew member has been rescued after two American warplanes were downed over Iran and the Gulf, as the search continues for a missing pilot, while President Donald Trump has given Tehran 48 hours to agree to a deal to end the war.
The U.N. Security Council is expected to vote next week on a Bahraini resolution to reopen the Strait of Hormuz and protect commercial shipping, diplomats said on Friday, amid opposition from China to any authorisation of force.
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member.
The U.S. rescued an airman missing from one of two warplanes downed in Iran, two U.S. officials said, as President Donald Trump and Israel stepped up pressure on Iran to open the strategic Strait of Hormuz or face attacks on energy facilities.
The family of the late Virginia Giuffre have urged King Charles III to meet survivors of sexual abuse during his upcoming state visit to the United States.
Fuel leaked at Russia’s Baltic Sea port of Primorsk, while the NORSI oil refinery caught fire following drone attacks, Russian authorities said on Sunday (5 April).
The family of the late Virginia Giuffre have urged King Charles III to meet survivors of sexual abuse during his upcoming state visit to the United States.
British police have arrested a fourth person in connection with an arson attack on ambulances belonging to a Jewish community charity. The arrest took place at a London court on Saturday, where three other suspects were already appearing.
Senegal has taken steps to curb government spending by banning non-essential foreign travel for ministers, as rising global oil prices place increasing pressure on the country’s finances.
Five people have been killed and 19 others injured in a Russian drone strike on a market in the front-line Ukrainian city of Nikopol, Ukrainian officials say.
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