Association of Southeast Asian Nations
Group Renault announced on Friday it was suspending planned capacity increase projects in Romania and Morocco as part of a plan to reduce fixed costs globally. According to a press statement released by the French group, the objective of reducing fixed costs by more than 2 billion euros over 3 years aims to restore the group's competitiveness and ensure its long-term development.
The Republic of Bulgaria would like to reintensify its relations with the Kingdom of Thailand, said Deputy Prime Minister and Foreign Minister Ekaterina Zaharieva after signing a visa-free agreement for holders of diplomatic and service passports on both sides with his Thai counterpart Don Pramudwinai in Madrid yesterday.
Russia advocates the establishment of the Greater Eurasian Partnership with the participation of the Eurasian Economic Union, ASEAN, the Shanghai Cooperation Organization, "possibly other entities". This was stated by Russian Prime Minister Dmitry Medvedev at the summit in Bangkok of the Association of Southeast Asian Nations, TASS reported.
Trump did not attend the ASEAN leaders' summit and the East Asian Summit in Thailand's capital on November 2-4 and did not send either the Vice President or the US Secretary of State to Bangkok. Robert O 'Brian, US National Security Advisor, arrived in Bangkok as chairman of the Washington delegation.
An active presence and increasingly clear of the Romanian companies on the market in Vietnam is necessary and the Romanian entrepreneurs should get out of their comfort zone and stop doing business in the European Union only, Minister of Business Enviroinment, Trade and Entrepreneurship Stefan-Radu Oprea stated on Friday at the Romania-Vietnam Business Forum organised in Bucharest.
Deputy Prime Minister and Foreign Minister Ekaterina Zaharieva and Vietnam's First Deputy Prime Minister Chong Hoa Binh agreed on intensifying cooperation in all spheres with priority on trade, the economy and education.
"Vietnam is one of Bulgaria's priority partners in Asia," said Ekaterina Zaharieva, who received Chong Hoa Binh at the Foreign Ministry.