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Under the upgrade, AANZFTA will include additional commitments on services and investment that will benefit exporters and investors. It will also strengthen supply chain resilience and digital technology adoption. The agreement will also include key commitments on sustainable and inclusive trade, facilitating enhanced cooperation on environmental protection, green economy, labor issues, and women’s economic empowerment. According to ASEAN Secretariat News, economic ministers from the four ASEAN member states, namely Brunei, Indonesia, Malaysia, and Singapore, together with their counterparts from Australia and New Zealand, signed the 2nd Protocol, which upgrades the original AANZFTA Agreement which entered into force on January 1, 2010. The rest of the ASEAN member states will sign the 2nd Protocol in due course. The AANZFTA is a market of around 711 million people with a combined GDP of US$ 5.9 trillion, based on data sourced from the International Monetary Fund (IMF) and the...

The win was largely attributed to the excellent performance of outside hitter and captain Tran Thi Thanh Thuy. Sport Center 1, which mainly features members of the Vietnamese national women’s volleyball team, asserted intense pressure in the start but the very first points went to Paykan. The two teams relentlessly chased after each other for every single point until the Vietnamese side claimed the first set by 25-22. Paykan put the match back to the starting line after winning the second set by 25-21. Each of the two teams took one in the third and fourth sets, thereby extending the match to a fifth set, in which Sport Center 1 staged a comeback to conclude at 15-10. After the 3-2 victory, the Vietnamese representative is set to meet Japan’s Hisamitsu Springs in their second match on Thursday. The 2023 Asian Women’s Club Volleyball Championship is the 23rd edition of the annual international women’s volleyball club tournament organized by the Asian Volleyball Confedera...