Neither protagonist in the US-China trade war stands to benefit from their stand-off, the United Nations (UN) said Monday, suggesting others could cash in instead, with the European Union (EU) possibly winning big.In a report, the UN Conference on Trade and Development (UNCTAD) examined the repercussions of the tariff tit-for-tat already under way between the two trade giants, as well as the expected impact of a significant tariff hike scheduled to take effect on 1 March.The report, titled &q

Vietnam’s shrimp exports are expected to reach more than US$4 billion in value this year aided by free trade agreements.The Vietnam Association of Seafood Exporters and Producers (VASEP) last week said the country was unable to meet its 2018 export target of US$4.8 billion, hitting only US$3.5 billion – a 7.8 percent decrease from 2017.However, the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) and other free-trade agreements later this year is expected to boost exports to 28 E

Britain's parliament on Tuesday resoundingly rejected Prime Minister Theresa May's Brexit deal, triggering a no-confidence vote in her government and plunging its plans to leave the European Union (EU) into further chaos.MPs voted 432 to 202 against May's plan for taking Britain out of the EU, the biggest parliamentary defeat for a government in modern British political history.With a deal that took nearly two years to craft in tatters and her government's future hanging i

Cambodian Prime Minister Hun Sen’s battle with the European Union (EU) intensified this week after he threatened to act out against the country’s opposition should the EU follow through with its proposed withdrawal of trade benefits. Cambodia is part of the EU’s Everything But Arms (EBA) initiative which aims to increase development in the world’s poorest countries. Under the EBA, Cambodia enjoys duty-free and quota-free exports to countries in the EU.

A major achievement of the European Union (EU) has been the freedom that it has provided for its citizens to travel across borders and live and work together. However, perhaps its greatest legacy is the opportunity that it provides for its member states to address common challenges that span political and historical boundaries.

Last week, Cambodian Prime Minister Hun Sen claimed that the number of tourists visiting Cambodia had increased substantially over the years and now the country is expecting 12 million tourists by 2025. He was rationalising the building of new airports in Phnom Penh and Siem Reap to 18,000 workers in the Kandal province."France’s Vinci, the company overseeing airports in Cambodia, never expected the high growth of tourists travelling by air to Cambodia.

Cambodia said Monday that banned opposition members may be allowed back into political life and shuttered media outlets could reopen as the European Union (EU) considers pulling a trade deal the country is loath to lose.Numerous activists, journalists and government critics were released from jail in the months after strongman Hun Sen's Cambodian People's Party won all parliamentary seats in July elections held without the main opposition party.But the concessions did not deter the

British members of Parliament will soon have to make one of the most difficult political decisions of their lives. The choice is between approving the Brexit deal that Prime Minister Theresa May has negotiated with the European Union (EU), crashing out of the EU with no deal, or trying to reverse the exit process altogether.

When the progress towards achieving the goals of the 2030 Agenda for Sustainable Development as of 2017 was assessed earlier this year, the situation had worsened most significantly for the Southeast Asia sub-region when it came to containing the loss of land area covered by natural forest.

European leaders sought to build support from Asia on Thursday in defence of free trade and the fight against climate change, to counter the growing protectionism of President Donald Trump's America.The 28 European Union (EU) states were joined at a summit in Brussels by more than 20 Asian leaders including Chinese Premier Li Keqiang, Japan's Shinzo Abe and South Korean President Moon Jae-in.Russia's Prime Minister Dmitry Medvedev is also attending, despite tensions over Moscow