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The latest in ASEAN

  • Reuters

    Soccer-ASEAN club competition launch pushed back to 2022

    South East Asian football officials have delayed the launch of a new flagship regional club competition until 2022, the ASEAN Football Federation (AFF) said on Thursday, with the prospect of a congested calendar next year prompting the decision. The ASEAN Club Championship (ACC), which was due to feature 12 teams from around the region and promises a first prize of $500,000, was slated to kick off earlier this year but plans were put on hold as a result of the COVID-19 pandemic. After initially shifting the event to 2021, the AFF has now decided to delay the competition further as a result of the postponement of other events, including Asia’s World Cup qualifying campaign for Qatar 2022 and the AFF Suzuki Cup.

  • Reuters

    ASEAN club competition launch pushed back to 2022

    South East Asian football officials have delayed the launch of a new flagship regional club competition until 2022, the ASEAN Football Federation (AFF) said on Thursday, with the prospect of a congested calendar next year prompting the decision. The ASEAN Club Championship (ACC), which was due to feature 12 teams from around the region and promises a first prize of $500,000, was slated to kick off earlier this year but plans were put on hold as a result of the COVID-19 pandemic. After initially shifting the event to 2021, the AFF has now decided to delay the competition further as a result of the postponement of other events, including Asia’s World Cup qualifying campaign for Qatar 2022 and the AFF Suzuki Cup.

  • Reuters

    Unified ASEAN can avert South China Sea conflict - Philippine minister

    Tensions in the South China Sea will increase due to a U.S.-China rivalry that could be kept in check, if only Southeast Asian countries took a united stand to influence the status quo, a top Philippine security official said on Wednesday. The Association of Southeast Asian Nations (ASEAN) was caught up in the battle for regional influence but it could do more to ensure stability and should take a common approach, Defence Secretary Delfin Lorenzana told a security forum. "ASEAN would exert considerable influence on issues and events in the South China Sea if only it could act as one."

  • Reuters

    Asia Pacific leaders make joint appeal for free and fair trade

    Asia Pacific leaders set aside differences on Friday with their first joint communique in three years, calling for free and predictable trade to help a global economy laid low by the coronavirus pandemic. Leaders of the 21-nation Asia-Pacific Economic Cooperation (APEC), who included U.S. President Donald Trump and China's President Xi Jinping, also said they would not resort to protectionist policies. "The impact of (the U.S.-China) trade war has been eclipsed by the COVID-19 pandemic," Malaysian Prime Minister Muhyiddin Yassin told reporters after the meeting.

  • Reuters

    What happens now the RCEP trade deal has been signed?

    Fifteen Asia-Pacific economies signed what could become the world's largest free trade agreement on Sunday, covering nearly a third of the global population and about 30% of its global gross domestic product. The Regional Comprehensive Economic Partnership (RCEP) will progressively lower tariffs and aims to counter protectionism, boost investment and allow freer movement of goods within the region. RCEP includes China, Japan, South Korea, Australia, New Zealand and the 10 members of the Association of South East Asian Nations (ASEAN): Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Indonesia and the Philippines.

  • Reuters

    Explainer: What happens now the RCEP trade deal has been signed?

    Fifteen Asia-Pacific economies signed what could become the world's largest free trade agreement on Sunday, covering nearly a third of the global population and about 30% of its global gross domestic product. The Regional Comprehensive Economic Partnership (RCEP) will progressively lower tariffs and aims to counter protectionism, boost investment and allow freer movement of goods within the region. RCEP includes China, Japan, South Korea, Australia, New Zealand and the 10 members of the Association of South East Asian Nations (ASEAN): Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Indonesia and the Philippines.

  • Reuters

    Asia forma el RCEP, el mayor bloque comercial del mundo respaldado por China que excluye a EEUU

    HANOI, 15 nov (Reuters) - Quince economías de Asia y el Pacífico formaron el domingo el bloque de libre comercio más grande del mundo, un acuerdo respaldado por China que excluye a Estados Unidos, que había dejado otra agrupación de la región bajo el mandato del presidente Donald Trump.La firma de la Asociación Económica Integral Regional (RCEP, por su sigla en inglés) en una cumbre regional en Hanoi es un golpe más para el grupo impulsado por el expresidente Barack Obama que Trump abandonó en 2017.

  • Associated Press

    ASEAN y China forman el mayor bloque comercial del mundo

    China y otros 14 países acordaron el domingo formar el mayor bloque comercial del mundo, que abarca casi un tercio de toda la actividad económica, en un acuerdo que muchos en Asia esperaban que ayudara a la recuperación tras la pandemia.La Asociación Económica Integral Regional, o RCEP por sus siglas en inglés, se firmó de forma virtual en un aparte de la cumbre anual de la Asociación de Naciones del Sureste Asiático (ASEAN), de 10 miembros.

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