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Vietnam asks Cambodia to reverse catfish import ban


Vietnam asks Cambodia to reverse catfish import ban
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Vietnam is calling on neighboring Cambodia to reconsider its recent ban on imports of catfish, which includes pangasius from Vietnam.
Cambodia’s Ministry of Agriculture, Forestry, and Fisheries on 8 January announced a decision to suspend imports of four catfish species, including pangasius, from neighboring countries to protect local farmers, according to a statement from Vietnam’s Ministry of Industry and Trade.
Following Cambodia’s move, the Vietnam ministry has met with officials from Vietnamese provinces bordering Cambodia and relevant seafood exporters to discuss the situation. The ministry learned of Cambodia s action only after catfish cargoes exported through Khanh Binh Border Gate in Vietnam’s An Giang Province failed to get through customs clearance in Cambodia and were sent back to Vietnam, it said.  ....

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Brexit: UK eyes closer trade ties with Southeast Asia, Pacific nations


A representational image of Britain s flag. (AP Photo/Kirsty Wigglesworth)
The UK is seeking to forge closer trade links with Pacific Rim nations and Southeast Asia as part of its efforts to diversify economic partners post-Brexit.
As the Brexit transition period nears its end on December 31, 2020, the UK is redoubling its efforts to negotiate roll over trade agreements to replace those the EU bloc had negotiated or strike new deals to avoid disruptions to commerce from January 1.
The UK and Vietnam said on Friday that they had finalized a bilateral free trade agreement, a day after London inked a similar pact with Singapore. ....

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Brexit: UK eyes closer trade ties with Southeast Asia, Pacific nations | Business| Economy and finance news from a German perspective | DW


Brexit: What will change from January 1?
It s not clear when the final UK-Vietnam deal, which is expected to come into effect on January 1 next year, will be signed.
I think the UK-Vietnam trade deal will basically mimic that of the EU with Vietnam but with potentially less favorable terms for the UK, Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis, an investment bank, and a senior research fellow at Bruegel, told DW.
For Vietnam, the UKVFTA basically means hyperconnectivity with many economies, including the UK. This can help Vietnam attract manufacturing FDI and become a much more relevant center for the global value chain, she added. ....

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