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Regional Comprehensive Economic Partnership (RCEP) agreement and deposited its instrument of ratification with the Secretary-General of ASEAN. With this, it has become the first RCEP Participating Country (RPC) to complete the official ratification process. RPCs are targeting entry into force on January 1, 2022.
“Singapore’s expeditious ratification of the RCEP agreement signals Singapore’s strong commitment to strengthening our trade and economic linkages with our partners, for the benefit of our businesses and people. We look forward to our fellow RPCs doing likewise, to expedite the entry into force of the agreement,” Singapore s minister for trade and industry Chan Chun Sing said in an official release.
The business climate of Japanese companies in 2020 hit a record low, below the levels before and after the Asian currency crisis, the Lehman Brothers shock and the Great East.
Pakistan s commerce ministry and Germany s Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH recently signed an implementation agreement to support two projects,.
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Pic: Elkem Elkem Silicones, a leading integrated silicones provider, is building a new workshop to produce low viscosity silicone fluids for textile and leather, and personal care markets in Asia Pacific. The new textile and leather workshop, to be located at its Xinghuo site, the largest silicones manufacturing site in China, will start operations in January 2022. “The new workshop is a key strategic investment for Elkem as it seeks to continuously expand our personal care and textile and leather markets across the globe and notably in the fast-growing Asia Pacific region. When in full operation, the new workshop will have a capacity of eleven thousand tons per year,” said Frederic Jacquin, senior vice president of Elkem Silicones, “The large availability of upstream intermediates in our Xinghuo plant and the very high growth rate of both markets in Asia Pacific region were the two key elements whic
Asia‐Pacific needs large, yet attainable, investments in resilience to protect development gains amid a fragile and inequitable post‐COVID‐19 economic recovery, according.