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“While there is a case [to raise import duties], we will have to tread carefully,” Dhar said. “Any talk of increasing duty will be like jarring notes,” he added, noting that FTAs also signify strategic partnerships that extend beyond just economic ties.
World famous for its cutting-edge electronics and automobiles, South Korea looks set to conquer new heights. According to the 2024 Military Strength Ranking, the country is now the fifth-ranked military power in the world, yielding only to the USA, Russia, China, and India.
TAIPEI — Taiwan must protect its sovereignty and know its own culture and history, said President Lai Ching-te on July 21, rejecting what he said was the previous mistaken belief that the island could serve as a base to "retake" China.
Asia Times Deputy Editor David P. Goldman delivered these remarks on July 8 at the National Conservatism 4 Conference in Washington, D.C.
MANILA — The Philippines and China have "reached an understanding on the provisional arrangement" for resupply missions to a beached naval ship in the South China Sea, Manila's Foreign Ministry said in a statement on July 21.
“We’ll wait for the National Maritime Council to give us the appropriate guidance in terms of timing and other issues,” Defence Secretary Gilberto Teodoro told reporters on July 16. He said the decision would be made by the council and the foreign affairs department.
China engaged in a monthslong drumbeat of anticipation that a Communist Party leaders’ meeting would show the way to a new era of growth for the slowing economy.
MANILA (AP) -- China and the Philippines reached a deal they hope will end confrontations at the most fiercely disputed shoal in the South China Sea, the Philippine government said Sunday.