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RCEP members encouraged to harmonize rules

Members of the Regional Comprehensive Economic Partnership can further improve the alignment of operational guidelines across key sectors such as competition policy and trade in services to elevate mutual openness, said trade experts and foreign scholars on Sunday. ....

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Global economic growth estimated at 2.6% amid strong US job market, China's reopening: KIEP

Korea s state-run economic think tank said Tuesday it has raised the global economic growth outlook to 2.6 percent for 2023, on the back of the strong U.S. job market and China s reopening. ....

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ASEAN-Korea Centre hosts trade, investment roundtable

The ASEAN-Korea Centre (AKC) hosted the ASEAN-Korea Trade and Investment Roundtable 2023 in Seoul, Wednesday, in cooperation with the Korea Institute for International Economic Policy (KIEP). This year s roundtable centered on the theme of ASEAN Outlook on the Indo-Pacific (AOIP) and Korea s Indo-Pacific strategy. It discussed the regional strategies of ASEAN and Korea for the Indo-Pacific, with the latest information on economic and trade outlooks and opportunities for economic collaboration between ASEAN and Korea. ....

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Global economic growth tipped to slow to 2.4% next year on rate hikes: KIEP

The global economy is expected to grow at a slower than expected clip of 2.4 percent next year, a state-run economic think tank said Thursday, citing the aftermath of aggressive monetary tightening in major economies and lingering geopolitical risks. ....

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