ASIA

Vietnam is now one of the most dynamic and fastest growing emerging markets, globally. In 2018, a continued stellar expansion in manufacturing output, propelled by buoyant export demand for electronics and supported by robust FDI inflows, primarily fuelled solid growth. The manufacturing subsector was a star performer in 2018 overall, while vibrant tourism was also a key growth driver. The robust growth is expected to spill over into 2019. More

Indonesia is South East Asia's largest economy and the world's fourth most populous nation. It has maintained political stability and is one of Asia Pacific's most vibrant economies, emerging as a middle-income country. The current medium-term development plan focuses on, among other things, infrastructure development and social assistance programmes related to education and healthcare. More

President Trump issued a proclamation on 31 May rescinding India’s designation as a beneficiary country under the Generalised System of Preferences, effective 5 June. As a result of this action, many thousands of products from India are no longer eligible for duty-free treatment in the United States, potentially enhancing the competitiveness of other suppliers in products where India is an important supplier. More

On 23 May, U.S. Trade Representative Robert Lighthizer, European Union Trade Commissioner Cecilia Malmström, and Japanese Minister of Economy, Trade and Industry Hiroshige Seko held a tri-lateral meeting in Paris following the OECD Forum. The latest tri-lateral meeting followed those held in May 2018, September 2018 and January 2019. More