PM: Countries around the world have to continue the momentum of globalisation.
During the pandemic, if the supply of components from a country or company cannot be ensured, the whole industrial chain, including many participants and links, will be affected.
Financial globalisation has brought both potential benefits and risks that cannot be ignored for the development of Chinese financial institutions.
The last few weeks have delivered a huge shock to the idea of globalisation and in its place the nation-state is making a powerful comeback.
As the pandemic Covid-19 turns out to be as the worst non–traditional security threat, a mutual trust among the MLC countries are required.
Worse, the ongoing epidemic will fuel populist and nationalist anti-globalisation sentiment. All kinds of extreme proposals will be made.
Many people are asking whether we’re seeing the beginning of the end of globalisation. Do nations have to bring production back home?
The world is in a situation that it hasn’t been in before – globalisation, geopolitics and economics all turning negative at the same time, while the world’s physical environment becomes increasingly inhospitable.
Amid the risks and uncertainties stemming from anti-globalisation sentiment, rising protectionism, unilateralism, and populism, Asean stands out to be the beacon of open and inclusive regionalism and the advocate of multilateralism.
Globalisation is under siege. Multilateralism is under threat due to rising protectionism and unilateralism, mainly in the US. It is a world in flux- full of uncertainty, unpredictability and turbulence.
World leaders and business elites gather in Davos to discuss globalization 4.0.
American foreign policymakers are turning the tide against the notion of multilateralism, pushing instead for a unilateral world where “Make America Great Again” (MAGA) will be more meaningful.
The rules-based multilateral trading system, with the World Trade Organization (the WTO) at its core, is the cornerstone of economic globalisation and free trade.
A few years back, the world was shocked by the political developments in Europe which saw the rise of right-wing nationalism across several countries in the continent.
Prime Minister Hun Sen yesterday said that Cambodia is fully committed to working with the international community to ensure fair and open trade, as well as maintain regional and global peace, security and stability.
The president of the leading global power has made it clear that he has no interest in getting involved in resolving any of the world’s shared problems.
Zhao Minghao argues that China’s Belt and Road initiative not only provides development opportunities to countries at a disadvantage in the globalisation process, but also adds impetus to further progress in developed countries.
Within a few decades, the internet has transformed the global economy and rendered the old Westphalian order increasingly obsolete.
The Minister of Commerce urges member estates of the International Organisation of La Francaphonie to work together to achieve more favourable trade terms.