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A Food Contact Material is defined as any substance or material that comes into contact with food as part of packaging, holding, or processing, but is not intended to be added directly to, become component, or have a technical effect in or on the food. Food contact materials are one of priority issues discussed by the Prepared Foodstuffs Product Working Group (PFPWG) established by ASEAN Consultative Committee on Standards and Quality (ACCSQ) to enhance food safety across the

From: ASEAN-Business Advisory Council News Release Jakarta, July 25, 2023 — Alternate Chair of the ASEAN-Business Advisory Council...

From: Ontario Teachers' Pension Plan News Release Ontario Teachers' Pension Plan (Ontario Teachers') continues to deepen its global...

The role and contribution of MSMEs are crucial to support ASEAN’s transition to a more sustainable economy. MSMEs are the backbone of the ASEAN Economy, making up 85% of employment and contributing 44.5% to GDP in the region. MSMEs can support ASEAN Member States (AMS) in their sustainability efforts by reducing carbon emissions of their business activities and developing new products or services that contribute to climate mitigation and adaptation. At the same time, involvin

From: Immigration, Refugees and Citizenship Canada News Release June 6, 2023, 11:30 a.m.—Winnipeg—Canada is a destination of choice for...

From: Agriculture and Agri-Food Canada News Release June 7, 2023 – Ottawa, Ontario – Agriculture and Agri-Food Canada and Canadian Food...

Green Taxonomy is an economic activity classification that supports environmental protection and management efforts, as well as mitigation and adaptation to climate change. Green Taxonomy plays an important role in driving investments to accelerate the transition towards the green economy. Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam have started the journey in developing their national taxonomy to enable a just transition towards sustainable econom

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ASEAN is consistently striving to achieve its “Global ASEAN” objective by continuing to proactively embark on initiatives that would deepen and broaden its economic community building. This effort is being realised, among others, through pursuing stronger trade linkages with ASEAN external partners, such as by upgrading free trade agreements to remain relevant and exploring new trade agreements. One such example is the ASEAN – Hong Kong, China (HKC) Free Trade Agreement (AHKF

The transition to clean energy will be a momentous event of our time. In order to create a sustainable future, all nations will need to...

Agriculture is one of the key industries in ASEAN, with 8 out of 10 ASEAN Member States (AMS) dependent on the agricultural industry. ASEAN is a major producer and exporter of palm oil, crude rubber, rice, sugar, seafood, and fruits. In 2021, the region produced 150,43 million tons of rice, 42,08 million tons of maise, 14,29 million tons of sugar, and 0,74 million tons of soybean. However, the agriculture sector has been perceived as one of the drivers of land degradation and

ASEAN is continuously gearing toward further economic development while remaining committed to the Paris Agreement. All ASEAN Member States (AMS) have a strong commitment to reduce carbon and GHG emissions and accelerate the energy transition by setting more aggressive targets. The Monetary Authority of Singapore (MAS) estimated that USD 200 billions of green investment is needed in ASEAN per year until 2030 to finance green initiatives in the region. However, investments rem

Cross-border retail payment is a payment involving payors and payees located in different jurisdictions which could have specialised processes and different currencies. A seamless cross-border digital payments connectivity can lower cost of services, boost financial inclusion, and encourage the use of local currencies in the settlement of cross-border transaction; hence, it is becoming increasingly relevant in ASEAN to facilitate trade and to unlock the potential of crossbord

The rapid economic development in ASEAN has contributed to high energy consumption and waste generation. The 7th ASEAN Energy Outlook recorded that ASEAN's total final energy consumption (TFEC) had grown by 1,6 times in 2019 from 2005 levels. Meanwhile, United Nations Environment Programme reported that the waste volume in ASEAN countries reached about 150 million tonnes in 2016 and is estimated to be more than double this number by 2030. Along with the pressing planetary cri

The Canada-ASEAN Business Outlook Survey 2022 to solicit feedback to help best serve the Canadian business community in ASEAN.

Sander Duncanson, a Partner in Osler, Hoskin & Harcourt‘s Regulatory, Indigenous, Environmental and Land law practice, was a guest on the...

ASEAN has continuously evinced its commitment to keep its market open. In 2009, amidst the worst global economic crisis since the Great Depression, ASEAN signed the ASEAN Trade in Goods Agreement (ATIGA) to further its commitment to an open and integrated regional economy. The ATIGA consolidates and streamlines all the provisions in the Common Effective Preferential Tariff Scheme for the ASEAN Free Trade Agreement (CEPT-AFTA). It promotes trade in the region by reducing barri

Transforming the transportation sector to be more sustainable becomes indispensable as ASEAN is gearing toward further economic development while remaining committed to the Paris Agreement. In ASEAN, the demand for transport is estimated to increase by 60% from 2013 to 2040 due to the region’s rapid development. Nonetheless, this growth becomes a double-edged sword as over 90% of the ASEAN transport sector remains dependent on fossil fuel. The growth of transportation is expe

Prepared for: Mission of Canada to the Association of Southeast Asian Nations by the Asia Trade Centre (ATC) Background: The purpose of...

By 2030, Asia will require huge investment in food production. Canadian agricultural products and innovations will become important.