We are pleased to bring you the latest Asia Trade Update for January–February 2015. This Newsletter contains Free Trade Agreement, regulatory and trade developments around the region.

Inside this issue:

FREE TRADE AGREEMENT DEVELOPMENTS

  • Indonesia Considering Termination of Japan-Indonesia EPA
  • FTA Negotiations between Philippines and EFTA Countries to Commence in March 2015
  • Malaysia to Re-launch FTA Negotiations with Bangladesh
  • Thailand and Pakistan Undertake FTA Feasibility Study

POLICY DEVELOPMENTS

China

  • China Simplifies Processes for Importing Used Equipment
  • China Allows Car Parallel Imports in Shanghai FTZ

Indonesia

  • MOT Mandates L/C Payment for Exports of Certain Products
  • Government to Limit Cash Outflow from Indonesia

Philippines

  • European Parliament Approves Philippine Eligibility under EU GSP Plus
  • Bills on Competition Policy Advance in Congress

Singapore

  • Singapore and the US Sign MRA Enabling Faster Customs Clearance for Certified Companies

Thailand

  • Thailand and Russia to Strengthen Bilateral Trade by 2016

Vietnam

  • MOIC Issues Guidance on License Application for Import of Radio Equipment
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