China 

Robert Lighthizer determined to land ‘real agreement’ with China, US Chamber chief Tom Donohue says

This story is published in a content partnership with POLITICO. It was originally reported by Adam Behsudi on politico.com on September 16, 2019.US Trade Representative Robert Lighthizer told top business executives on Monday that there is still much work to be done to reach a trade deal with China despite the two sides having been close to an agreement earlier this year, said US Chamber of Commerce CEO Tom Donohue.“He laid it out by saying this is an extraordinary challenge, and when it all… Source link

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Vietnam 

Việt Nam, Uruguay ink trade, investment agreement – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Officials at the signing ceremony. — VNA/VNS Photo Trần Quốc Việt HÀ NỘI — The trade and investment promotion agencies of Việt Nam and Uruguay inked a memorandum of understanding on Wednesday on co-operation between the two sides. The agreement will serve as a cornerstone to further collaborate on promoting trade and bring businesses of Việt Nam and Uruguay closer in order to raise bilateral trade revenue, Vũ Bá Phú, director of the Việt Nam Trade Promotion Agency (Vietrade) under the Ministry of Industry, said at the signing ceremony. He expressed his hope that Vietrade…

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Property 

Be careful when renting a sublet property: if there’s no agreement in place you could end up evicted

Before deciding to rent a property, a prospective tenant should pay attention to whether it is being leased by the landlord or sublet by the principal tenant, as subletting may involve complicated issues and a subtenant’s rights might not be protected.According to a circular about tenancy matters issued by the Estate Agents Authority (EAA), agents handling the subletting of properties should review the principal tenancy agreement between the landlord and the principal tenant to see if there is… Source link

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Home 

China, Hong Kong shares soar on news of Trump-Xi agreement to talk trade at G20

Mainland and Hong Kong markets surged after presidents Donald Trump and Xi Jinping spoke on the phone and put trade talks on their agenda when they meet in Japan next week for the G20 summit.The Shanghai Composite Index jumped 2.2 per cent to 2,953.34, before settling back to 2,934.8 with a 1.5 per cent gain. The Shenzhen Component Index soared 2.3 per cent, and the Nasdaq-style ChiNext Index advanced 2.1 per cent in the latest trading.The Hang Seng Index climbed, and was last up 2.3 per cent… Source link

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Vietnam 

Trade agreement to boost exports of micro, small and medium-sized enterprises – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Speakers at the APEC capacity-building workshop on the Trade Facilitation Agreement of the WTO for micro, small and medium sized enterprises. — VNS Photo Bồ Xuân Hiệp HCM CITY — The World Trade Organisation (WTO) Trade Facilitation Agreement (TFA) will help micro, small- and medium-sized enterprises (MSMEs) further diversify exports and expand markets, as well as improve GDP growth in Việt Nam, experts said on June 13 at a seminar held in HCM City.   Representatives from APEC-member economies, including government officials, MSME policy-makers, the private sector, and MSMEs discussed the benefits of the agreement at a…

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Vietnam 

Việt Nam gathers opinions on direct power purchase agreement – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Participants at the Public Consultation Workshop on DPPA Design and Pilot Planning for Việt Nam. — Photo World Bank HÀ NỘI — The Ministry of Industry and Trade (MoIT) and the US Embassy on Wednesday introduced a proposal for a Direct Power Purchase Agreement (DPPA) in Việt Nam. This new policy is expected to allow businesses in Việt Nam to procure electricity directly from private firms producing renewable energy and enable them to power their operations with 100 per cent renewable energy. During the development of this innovative mechanism, the…

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Home 

Cracking the trade war code: why China and the US may quietly reach an agreement

On May 20, 1970 – a date every Chinese pupil knows by heart – after American and South Vietnamese forces mounted an incursion into Cambodia, Chairman Mao Zedong famously issued a statement, “People of the world, unite and defeat the US aggressors and all their running dogs!”, which was read out the next morning to a 500,000-strong crowd at an anti-US rally in Tiananmen Square.On May 20, 2019, a cheering crowd in Jiangxi province listened as President Xi Jinping called for a “new Long March” and… Source link

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Home 

What the US will lose in a trade agreement with China, thanks to Donald Trump

As the US and China get closer to a possible trade deal, the World Trade Organisation is set to lose its principal role as an arbiter of disputes. That has significant consequences for global trade, and underlined the re-emergence of bilateral agreements that once hindered global trade and development for decades. It’s no surprise that US President Donald Trump’s go-it-alone strategy to upend the status quo runs straight through Geneva. As a presidential candidate, he ran on rebellion. Once in… Source link

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Singapore 

Lee Hsien Loong: 1962 Water Agreement is a “fundamental founding document”; both sides to seek amicable solution, Singapore News

PUTRAJAYA – The water agreement is a “fundamental founding document” for Singapore and Malaysia and both countries have to abide by it, Prime Minister Lee Hsien Loong said on Tuesday (April 9). “It’s a basic term on which the two countries decided to manage our relationships,” he said. “If you look at it from that point of view, to be able to change it is a very high hurdle.” Speaking at a joint press conference with his Malaysian counterpart Mahathir Mohamad at Perdana Putra after their Leaders’ Retreat, Mr Lee…

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Home 

Elon Musk tweet about Tesla violates settlement agreement, US regulator tells court

A tweet about Tesla production targets by Elon Musk was “a blatant violation” of a court order to get his written communications pre-approved, US securities regulators told a judge on Monday, doubling down on the government’s demand to find the electric carmaker’s chief executive in contempt of a previous fraud settlement.The Securities and Exchange Commission wrote in a filing in federal court in Manhattan that Musk’s February 19 tweet to his more than 24 million Twitter followers claiming… Source link

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