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Posts Tagged ‘Cambodia’
13th July 2011
It recently came to this blogger’s attention that the Judiciary Committee of the United States Senate is poised to hold a hearing to discuss the repeal of the so-called “Defense of Marriage Act” (DOMA) and a possible replacement piece of legislation referred to as the Respect for Marriage Act. To provide further information on these developments it is necessary to quote directly from the Washington Blade website, WashingtonBlade.com:
The Senate Judiciary Committee has announced that an anticipated hearing on legislative repeal of the Defense of Marriage Act has been set for July 20. According to a notice, the hearing on DOMA repeal legislation, also known as the Respect for Marriage Act, will take place July 20 at 10 a.m. in Room 226 the Dirksen Senate Office Building. Witnesses who will testify will be announced in the coming days. Sen. Patrick Leahy (D-Vt.), the chair of the Senate Judiciary Committee, is co-sponsor of the legislation that would repeal DOMA, which prohibits the federal government from recognizing same-sex marriages. In the Senate, the legislation is sponsored by Sen. Dianne Feinstein (D-Calif.)…
The administration of this web log asks readers to click upon the relevant hyperlinks noted above in order to read this article in detail.
In the context of American immigration the provisions of the so-called “Defense of Marriage Act” (DOMA) result in a situation where the LGBT community is subject to legal discrimination. For instance, same sex bi-national couples cannot receive the same visa benefits as their different-sex counterparts. Therefore, visas such as the K-1 visa, the CR-1 visa, and the IR-1 visa are not available to those who have a same sex partner or for those couples who have entered into a same sex marriage. This discrimination occurs even where the same sex couple in question has been married in one of the sovereign American States or the District of Columbia where same sex marriages are legalized and/or solemnized. Currently, pending legislation such as the aforementioned Respect for Marriage Act (introduced in the United States House of Representative by Representative Jerrold Nadler, who also introduced the Uniting American Families Act designed to deal specifically with the immigration implications of DOMA) and the Reuniting Families Act (introduced by Representative Mike Honda) would address certain aspects of DOMA. In fact, the Respect for Marriage Act is designed to provide a doctrine of “certainty” whereby those couples married in one of the sovereign American States which recognize such unions can rely upon federal recognition of such unions regardless of their physical location.
In news pertaining to business in China and the United States of America it recently came to this blogger’s attention that China may be poised to import as much as 2 million metric tons of American corn. In order to provide more specifics it is necessary to quote directly from an article written by Tom Polansek and posted to the website of the The Wall Street Journal, WSJ.com:
The U.S. Department of Agriculture raised its estimates for corn exports to China fourfold, another nod to the country’s rising demand in a market under strain. In addition, the amount of the grain used to make ethanol is expected to eclipse its use in animal feed in the U.S. for the first time ever. China is now forecast to import 2 million metric tons of U.S. corn in the next marketing year, which begins on Sept. 1, compared to the previous projection of 500,000 tons…Traders also point to China as the likely buyer behind hundreds of thousands of tons that the USDA lists as going to “unknown destinations.” “The increase in Chinese imports is likely lagging what is really going to happen,” said Joel Karlin, analyst for Western Milling, a producer of animal feed in California. The USDA left its estimates for export to China in the current crop year, which ends Aug. 31, unchanged at 1.5 million metric tons…
This blogger asks readers to click upon the relevant hyperlinks above to read this story in detail.
The United States Department of Agriculture (USDA) is responsible for the regulation of American agricultural matters. This agency routinely publishes information related to the state of the American agricultural sector. It would appear that the rising demand from China for American agricultural products is not set to diminish anytime in the immediate future. The Chinese-American trade relationship is often noted for the fact that China exports a large amount of manufactured goods to America, but it seems as though less attention is paid to the amount of agricultural products which America provides to China. One issue on this blogger’s mind is the impact that the Association of Southeast Asian Nations (ASEAN) might have upon the demand for American agricultural products. As this regional grouping becomes increasingly geopolitically and economically potent it stands to reason that demand for agricultural products from the ASEAN jurisdictions (Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Malaysia, and Vietnam) may be on the rise. Hopefully any and all of these developments prove to be a boon to America’s farmers and agricultural community.
For information pertaining to same sex marriage recognition please see: Full Faith and Credit Clause.
For information related to American company registration please see: US Company Registration.
10th July 2011
It recently came to this blogger’s attention that the Chairman of the Joint Chiefs of Staff for the American Armed Forces has apparently traveled to China for talks with leaders in that nation. In order to provide some insight into these developments it is best to quote directly from the official Voice of America website, VOANews.com:
Admiral Mike Mullen, chairman of the U.S. Joint Chiefs of Staff, began a four-day visit to China Sunday for talks with top leaders and high-ranking military officials…Mullen said he will discuss stalled nuclear disarmament talks with North Korea, the Taiwan issue, U.S.-China relations, territorial disputes in the South China Sea and other matters. The admiral is in China at the invitation of Army Chief of the General Staff Chen Bingde…
The administration of this web log strongly encourages readers to click upon the hyperlinks noted above to read this article in detail.
It would appear as though American personnel and Chinese officials are undertaking efforts to discuss sensitive and significant issues which pertain to China, the United States, and possibly the Greater Asia-Pacific region. The ramifications of such discussions could have an impact not only upon US and Chinese policy, but also upon the policies adopted by the member nations of the Association of Southeast Asian Nations (ASEAN, which includes Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Malaysia, and Vietnam), the so-called BRICS nations (Brazil, Russia, India, China, and South Africa), or APEC (Asia-Pacific Economic Cooperation) members. Hopefully the meetings noted above will result in benefits for all concerned.
In matters pertaining to ASEAN it would appear as though that organization will be holding discussions with the Gulf Co-operation Council (GCC) in order to share ideas regarding a framework for cooperation. To provide detailed information to the reader it is best to quote directly from the Oman Daily Observer website OmanObserver.om:
SALALAH — The Sultanate will host today deliberations of the first meeting of the working team of economic and trade co-operation between the Gulf Co-operation Council (GCC) and Asean states at the level of experts and specialists. The two-day meeting, which will be held here, will discuss a framework agreement for the economic, commercial and investment co-operation, steps to start free trade negotiations between the two sides after the completion of studies and means of exploring investment opportunities on each other’s sides in the fields of construction, services and infrastructure…
This blogger asks readers to click upon the hyperlinks noted above to read about this situation further.
Anytime trade negotiations commence it should be noted that well-drafted trade agreements can have a dramatic and positive impact upon the economies in the jurisdictions which engage in such frameworks. That stated, a well drafted free trade agreement takes time to craft and often comes about only after a relatively protracted period of negotiation. Therefore, those interested in seeing positive developments which further sustainable trade are likely to wait while an acceptable agreement is forged. In a previous posting on this blog it was noted that an American Senator recently proposed a US-ASEAN Free Trade Agreement (FTA) in order to facilitate further trade between the United States of America and the collection of nations which compose the membership of ASEAN. Hopefully all of these proposals culminate in beneficial trade circumstances in the future.
For information related to legal services in Southeast Asia please see: Legal.
6th July 2011
Inflation can be concerning for countries around the globe. In that vein, it recently came to this blogger’s attention that officials in China have apparently decided to raise an important interest rate. For further insight it is necessary to quote directly from the official website of USA Today, USAToday.com:
BEIJING — China raised a key interest rate Wednesday for a third time this year as it tries to cool surging inflation. The benchmark rate for one-year loans will be raised 0.25 percentage points to 6.56%, effective Thursday, the central bank announced. The rate paid on deposits will rise a similar margin to 3.5%. Inflation hit a 34-month high of 5.5% in May and is believed to have risen in June even as an overheated economy cools gradually under the pressure of investment curbs and other controls…
The administration of this blog asks readers to click upon the appropriate hyperlink noted above in order to read this insightful article in full.
In recent months it would seem as though China has had some difficulty controlling inflation. It would appear that the decision noted above has been made in an attempt to reign in rising inflation. In a previous posting on this blog it was noted that economic officials in the Southeast Asian nations of Laos and Cambodia have commented upon the likelihood that inflation would increase in those countries moving forward. Clearly, there exists an overall trend of inflation around the globe, but it remains to be seen whether governmental efforts will be successful in mitigating the ramifications of this economic force.
In related economic news, it appears that officials of the Association of Southeast Asian Nations (ASEAN) are poised to meet with business leaders from the nation of Japan. To shed light upon these unfolding events it may be prudent to quote directly from Yahoo News Singapore at Yahoo.com:
KUALA LUMPUR, July 5 (Bernama) — The Federation of Japanese Chambers of Commerce and Industry in ASEAN (FJCCIA) will hold its fourth annual dialogue with the Secretary-General of ASEAN Secretariat, Dr Surin Pitsuwan, here on Friday. During the dialogue, they will exchange views on tackling business issues associated with Asean”s on-going economic integration, said Takehide Teranishi…
This blogger encourages readers to click upon the relevant hyperlinks noted above to read about this situation in detail.
In a previous posting on this blog it was noted that the ASEAN community had sent a goodwill mission to Japan in response to events which transpired as a result of the tragic Earthquake in March of this year. As Japan remains a substantial economic force in both an Asian and global context it remains an important trading center. Therefore, other countries such as the United States, those within the ASEAN region (Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Malaysia, and Vietnam), and even the so-called BRICS countries (Brazil, Russia, India, China, and South Africa) seek to maintain strong trade relations with Japan. Hopefully economic benefits derived from the discussions noted above will accrue to the economies of all concerned.
For information regarding legal services in Southeast Asia please see: Legal.
30th June 2011
It recently came to this blogger’s attention that the United States Citizenship and Immigration Service (USCIS) has implemented a new policy regarding the I-130 petition for visas such as the CR-1 visa and the IR-1 visa. To provide further insight it may be prudent to quote directly from the official website of the USCIS, USCIS.gov:
WASHINGTON – U.S. Citizenship and Immigration Services (USCIS) today announced that effective Aug. 15, 2011, petitioners residing in countries without USCIS offices will be able to file a Petition for an Alien Relative (Form I-130), with the USCIS Chicago Lockbox facility. This will increase the efficiency of the relative petition filing process and give USCIS more flexibility in managing its workload. Previous regulations permitted these petitioners, who comprise about 5 percent of all I-130 petitioners, to file with USCIS or the U.S. Department of State at their local U.S. embassy or consulate. Under the new regulation, published today in the Federal Register, petitioners residing in countries without USCIS offices may file a Petition for an Alien Relative based on the addresses provided in the revised form instructions…
Clearly, this new policy could have significant ramifications for those seeking a United States visa on behalf of a foreign loved one. Concurrently, those familiar with the American visa process may note that this new policy effectively ends the Direct Consular Filing option for petitioners in certain Consular jurisdictions. In the past, it may have been possible for petitioners to file their visa petition directly with a US Embassy or US Consulate if the petitioner resided in the Consular District. These recent regulatory changes would appear to bring this era of Consular Processing to an end.
Meanwhile, in news related to Southeast Asia and the ASEAN (Association of Southeast Asian Nations) community, it appears that Malaysia is poised to engage in a Free Trade Agreement with India. To provide further insight into these developments it may be best to quote directly from the website MoneyControl.com:
The free trade agreement (FTA) between India and Malaysia will come into force from July 1, giving Indian professionals like accountants, engineers and doctors access to the key South-East Asian nation. In addition, exports of items of considerable interest to India, like basmati rice, mangoes, eggs, trucks, motorcycles and cotton garments, will attract lower or no duty in Malaysia with the implementation of the Comprehensive Economic Cooperation Agreement (CECA), according to a statement of the Commerce Ministry issued today…
The administration of this web log strongly encourages readers to click upon the relevant hyperlinks noted above to learn more on this developing story.
As nations in ASEAN, such as Malaysia, continue to become more integrated into broader markets it stands to reason that new trade arrangements will be forged. The ASEAN community (Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Malaysia, and Vietnam) has been the topic of a great deal of recent discussion regarding future free trade agreements as many nations around the world try to make headway into this important and increasingly lucrative regional market.
For information related to legal services in ASEAN, please see: Legal.
28th June 2011
It recently came to this blogger’s attention that a United States Senator introduced legislation designed to engage the Association of Southeast Asian Nations (ASEAN) in a Free Trade Agreement (FTA). In order to provide further information regarding these developments it may be best to quote directly from the official website of The Nation, NationMultimedia.com:
United States Senator Richard G. Lugar, the Republican Leader of the Senate Foreign Relations Committee, today introduced legislation encouraging United States officials to initiate Free Trade Agreement (FTA) negotiations between the U.S. and the Association of Southeast Asian Nations (ASEAN), which presently accounts for the fourth largest export market of the United States. ”I am continuing my efforts to encourage the Obama Administration to announce a comprehensive and long-term strategy toward engaging ASEAN in FTA discussions,” Lugar said…
This blogger strongly encourages readers to click upon the relevant hyperlinks noted above to learn more on this story.
It is becoming increasingly apparent that the ASEAN community is likely to become more economically important in an international context as time passes. Clearly, Senator Richard Lugar’s proposed legislation will have a significant impact upon the trade relations between the United States of America and the countries which make up ASEAN (Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Malaysia, and Vietnam). Assuming appropriate circumstances, it could be surmised that the United States and the ASEAN community could share a strong trade relationship notwithstanding the growing trade between the United States and countries of the so-called BRICS grouping which includes nations such as India and China. Hopefully the business relationship between the US and ASEAN continues to thrive as these issues are discussed among relevant legislators.
In other matters pertaining to the United States Senate, it recently came to this blogger’s attention that this legislative body was also the forum in which a new UAFA-inclusive piece of immigration legislation was introduced. To provide further insight into these events it may be prudent to quote directly from the website Care2.com:
U.S. Senators introduced Wednesday the Comprehensive Immigration Reform Act of 2011 which includes the Uniting American Families Act (UAFA), legislation allowing U.S. nationals to sponsor their foreign-born same-sex partners for citizenship. The bill, introduced by Senator Robert Menendez (D-NJ) alongside Senators Harry Reid (D-NV), Patrick Leahy (D-VT), John Kerry (D-MA), Dick Durbin (D-IL) and Chuck Schumer (D-NY), has a UAFA-inclusive counterpart measure in the House as introduced by Representative Mike Honda (D-CA). LGBT groups including the Immigration Equality Action Fund praised the reintroduction of the legislation…
The administration of this web log encourages readers to click upon the hyperlinks note above to read more.
As the struggle for LGBT equality continues, legislation such as that noted above could have a significant positive impact upon the LGBT community. Importantly, the inclusion of language similar to the Uniting American Families Act (UAFA), a stand alone piece of legislation originally introduced by Representative Jerrold Nadler in the House of Representatives, would permit same sex bi-national couples to petition for American family immigration benefits similar to those routinely granted to different sex bi-national couples. Currently, the provisions of the so-called “Defense of Marriage Act” (DOMA) preclude such benefits from same sex couples even if a couple has entered into a same sex marriage in one of the sovereign American States that legalize and/or solemnize such unions. Hopefully this proposed legislation can gain traction and thereby end the current discrimination imposed upon same sex couples.
For related information please see: US Company Registration or Legal.
26th June 2011
It recently came to this blogger’s attention that the United States Customs and Border Protection Service (USCBP) may have witnessed what would appear to have been an inadvertent breach of the American border by a convoy of Mexican troops. In order to provide further insight into these developments it may be prudent to quote directly from the official website of the NBC affiliate KGNS-TV at Pro8News.com:
A convoy of three military trucks loaded with Mexican soldiers crosses the border at Bridge Number Two clearly violating international law. It happens as Customs and Border Protection inspectors try to figure out what to do. A CBP spokesperson says they got on the phone with Mexican authorities after being alerted that the military trucks were heading their direction loaded down with soldiers and weapons. Mexican leaders say the soldiers, who had just been deployed to Nuevo Laredo, didn’t know the area, got lost and then made their way through Bridge Two. It’s important to note that CBP did not tell us about the potentially serious situation. It came from another law enforcement agency…
This blogger strongly encourages readers to click upon the relevant hyperlinks noted above to learn more from this informative article as well as the video coverage of this event.
Readers may be taken somewhat aback upon learning of some of these events as it is not everyday that Americans see such developments. That stated, this blogger would feel somewhat remiss if he failed to bring up a similar incident which occurred in Spain a little over 9 years ago, if only to provide some perspective. To quote directly from a 2002 article posted on the official website of CNN, CNN.com:
British troops temporarily invaded Spain when a landing exercise on Gibraltar went wrong. About 20 Royal Marines landed in bad weather on a Spanish beach, thinking they were on British territory. They hastily retreated after locals told them of their error… Spain’s foreign ministry played down the incident as a harmless error that would not undermine negotiations aimed at resolving the Gibraltar issue…
Those interested in the full details of the aforementioned event are encouraged to click upon the relevant hyperlinks noted above to ascertain the whole story.
Clearly, even in an international context, accidents can happen. Inadvertent mistakes can occur. Hopefully these events will be a lesson to America’s public servants about the need to anticipate unexpected events. This blogger must state that in all of his rather limited dealings with USCBP personnel they have comported themselves in a very professional manner. To be candid, USCBP has one of the more difficult jobs in all of the pantheon of American civil service as their responsibilities place USCBP officers in situations where they encounter the most unexpected events (as can be seen from the aforementioned quotation). It is likely hoped that these circumstances will provide insight to future officers. On a side note: unless there has been some very recent change of which this blogger is unaware, the United States Customs and Border Protection Service (USCBP) currently chairs the Asia-Pacific Economic Cooperation (APEC) Sub-committee on Customs Procedures. This post was handed off from the Japan Customs and Tariff Bureau in September of last year.
In somewhat related news it recently came to this blogger’s attention that the Foreign Minister of Singapore has noted his belief that the Association of Southeast Asian Nations (ASEAN) may have a role in dealing with tensions arising in the South China Sea. To quote directly from the website of Channel News Asia, ChannelNewsAsia.com:
INDONESIA: Singapore said ASEAN can play a role managing territorial disputes in the South China Sea. The resource rich waters are being claimed – in part or all – by a number of ASEAN countries, as well as China and Taiwan. Tensions recently escalated between the Philippines and China over overlapping claims. Singapore’s Foreign Minister K Shanmugam said all parties must learn to resolve these occasional incidences, without increasing tension…
The administration of this web log asks readers to click upon the appropriate hyperlinks above to read this story in detail.
Clearly, the nations which compose ASEAN (Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Malaysia, and Vietnam) are going to be increasingly important in any international dialogue pertaining to the South China Sea. The news noted above comes amidst developing news regarding talks between the United States and China. It would appear as though one of the main objectives of these talks is the maintenance of freedom of navigation at sea. However, maintaining such freedom can often require timely discussions especially in geographic areas with a history of tension. To quote further from ChannelNewsAsia.com:
HONOLULU, Hawaii : The United States and China were holding first-of-a-kind talks Saturday on rising tensions in the South China Sea, with Beijing angry over Washington’s support of Southeast Asian countries. Senior officials of the Pacific powers were meeting in Honolulu, Hawaii, days after the United States rallied behind the Philippines and Vietnam which have been alarmed at what they see as Beijing’s growing assertiveness at sea. Kurt Campbell, the US assistant secretary of state for East Asian and Pacific affairs, said ahead of the talks that he would make clear to China the “strong principles” of the United States in defence of freedom of navigation…[sic]
This blogger encourages readers to click upon the hyperlinks above to learn more.
Disputes occurring on the high seas can sometimes have implications for virtually every country around the world. As Southeast Asian nations continue to thrive and expand both in a domestic economic context as well as in an international economic context it stands to reason that their growth may be concerning to other jurisdictions in Asia. Meanwhile, the increasing prominence of the so-called BRICS countries in an international context has raised discussion regarding the geopolitical complexion of the future global economy. Hopefully, discussions pertaining to all of these matters will yield tangible benefits for the people who could be most impacted by events occurring in this region.
For information about conducting business in the United States of America please see: US Company Registration.
For information about legal services in Southeast Asia please see: Legal.
22nd June 2011
It recently came to this blogger’s attention that the Association of Southeast Asian Nations (ASEAN) has seen the launch of a dedicated television channel. To provide more insight upon these developments it may be best to quote directly from the website MyThaiPhotos.com:
Tonight saw the official launch of ASEAN TV which is a new channel that serves 10 member countries in the English language. It’s actually been around for nearly two years as a project by MCOT. However they have now joined with the Nation group who run Thailand’s first 24 hour news channel. This co-operation between MCOT and the Nation means we will now get another 24 hour English language news channel in Thailand.
This blogger encourages readers to use the hyperlinks noted above to read the full details of this recent announcement.
There are many positive benefits that could be accrued to the people of the various ASEAN jurisdictions as a result of the launching of a television channel dedicated to ASEAN affairs. As ASEAN becomes increasingly important in an economic context it stands to reason that those in the ASEAN region and around the globe will be seeking information regarding the various economies which comprise this important organization. Meanwhile, ASEAN seems to be becoming increasingly important geopolitically (along with the so-called BRICS nations) so a news channel dedicated to providing insight into the political events occurring in the ASEAN jurisdictions (Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Malaysia, and Vietnam) would appear to be something of a necessity for those who wish to remain informed regarding current events therein.
In rather unrelated news (but likely pertinent for readers of this web log) it recently came to this blogger’s attention that the sovereign State of Michigan may see TSA-related legislation similar to that proposed in the sovereign State of Texas. In order to provide some insight into these developments it may be best to quote directly from the website of the Daily Tribune, DailyTribune.com:
An Oakland County lawmaker is taking aim at the Transportation Security Administration and how its agents perform airport passenger security checks. State Rep. Tom McMillin, R-Rochester Hills, wants to make it a misdemeanor for any TSA employee to “conduct an intrusive, personal search on citizens without reasonable cause.” McMillin referenced a recent incident at Detroit Metropolitan Airport “where a 29-year-old special needs passenger was subject to an allegedly intrusive search.” “The federal government is not God,” McMillin said Friday. “It doesn’t get to decide what it can do to our citizens. This is one law that needs to be in place…”
The administration of this web log strongly encourages readers to click upon the hyperlinks noted above to read more on this story.
Readers may recall that a recent posting on this blog discussed the so-called Transportation Security Administration‘s (TSA) recent harassment of a mentally challenged man in Michigan. It would appear as though that story has caused concern among Michigan legislators. This concern would seem to have manifest itself in the form of possible legislation. That stated, as of the time of this writing, there has yet to be any actual passage of such legislation on the State level. Hopefully, the developments noted above will result in benefits for all concerned.
For related information please see: States’ Rights.
For information pertaining to legal services please see: Legal.
20th June 2011
It recently came to this blogger’s attention that it appears Malaysia (a member nation of the Association of Southeast Asian Nations, ASEAN) will not be hosting other ASEAN nations at the Langkawi International Dialogue (LID). To provide further insight it may be best to quote directly from an article written by M. Saraswathi and posted on the website Bernama.com:
KUALA LUMPUR, June 19 (Bernama) — There are no plans to include Asean nations in the Langkawi International Dialogue (LID) as it will be too big to manage, Prime Minister Datuk Seri Najib Tun Razak said today. Malaysia would maintain the present dialogue format between the African and Caribbean countries, he said. “No. We don’t want too many countries to be involved. We will maintain the present format of African and Caribbean countries,” he said when asked if Malaysia intends to include Asean countries in LID at a press conference here today. This year’s dialogue is being attended by African leaders such as Zimbabwe’s President Robert Mugabe, Prime Minister Pakalitha Bethuel Mosisili of Lesotho, Swaziland Prime Minister Barnabas Sibusiso, Ugandan Vice-President Edward Sekandi and Kenyan Vice-President Stephen Kalonzo…
The administration of this web log strongly encourages readers to click upon the appropriate hyperlinks noted above to learn more from this insightful article.
In this blogger’s opinion, one of the positive aspects of the ASEAN community, for the membership, is a sort of general flexibility. It could be inferred from the quotation above that Malaysia has a strong trade relationship with certain countries in Africa and the Caribbean. Such relationships make the Malaysian economy rather unique compared to her other counterparts in the ASEAN community. This uniqueness would seem to create various levels of comparative advantage for the Malaysian economy. Concurrently, the other jurisdictions of ASEAN (Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, and Vietnam) are able to receive a kind of refractive benefit from Malaysia’s strong trade relations in Africa and the Caribbean since ASEAN nations are able to streamline their direct trading with Malaysia herself. How ASEAN will evolve in the future remains to be seen, but it is clear that ASEAN is quite unique amongst the various regional organizations around the globe. Hopefully, this uniqueness will result in tangible benefits for the citizenry of the various ASEAN countries and for ASEAN’s trading partners as well.
On a related note, China was in the news recently as it is being reported that China is expanding her foreign reserves into non-dollar denominated assets. To shed further light upon these developments it may be best to quote directly from an article written by Jamil Anderlini and Tracy Alloway and posted to the Financial Times website, FT.com:
China began diversifying away from the US dollar in earnest in the first four months of this year, most likely by buying far more European government debt than US dollar assets, according to estimates from Standard Chartered Bank. China’s foreign exchange reserves expanded by around $200bn in the first four months of the year, with three-quarters of the new inflow invested abroad in non-US dollar assets, the bank estimated. “It certainly appears that China’s finally following through on its policy to diversify its foreign reserve holdings away from the US dollar,” said Stephen Green, the bank’s chief China economist.
This blogger asks readers to click upon the relevant hyperlinks above to find out further details. Frequent readers of this web log may recall that the United States and China are apparently cooperating with regard to ASEAN engagement, but this news came amidst announcements that China had divested rather sizable holdings in US Treasuries. As China continues to show further economic dominance on the global stage it will likely prove interesting to see how this nation invests her financial resources. Hopefully as China and ASEAN continue their economic growth it will accrue to the benefit of all concerned.
For information related to immigration from Asia please see: K1 Visa Thailand or Legal.
7th June 2011
It recently came to this blogger’s attention that the value of trade between China and the Association of Southeast Asian Nations (ASEAN) is expected to increase significantly in the coming months and years. In order to provide further insight into this issue it may be best to quote directly from a recent article posted on the website English.cri.cn:
Trade value between China and ASEAN nations is expected to top 300 billion U.S. dollars this year as the Free Trade Area (FTA) continues to offer boosts, said Xu Ningning, the executive secretary general of China-ASEAN Business Council. The FTA, which started operation since the beginning of last year, has boosted economic exchanges between China and the ASEAN (Association of Southeast Asian Nations) member states, Xu said Sunday at a forum in Kunming, capital of Yunnan Province. The estimated amount will be higher than the 292.8 billion U.S. dollars registered between the two sides in 2010, up 37.5 percent from a year earlier. Customs data showed that in the first four months of this year, trade value between China and ASEAN nations rose 26.5 percent year-on-year to 110.2 billion U.S. dollars…
The administration of this web log strongly encourages readers to click upon the relevant hyperlinks noted above to learn more.
The ASEAN community includes the following jurisdictions: Brunei, Indonesia, Malaysia, Philippines, Singapore, the Kingdom of Thailand, Vietnam, Laos, and the Kingdom of Cambodia. Many feel that these jurisdictions have a great deal of potential for economic growth in the future. Meanwhile, as can be gathered from the quotation above, China remains a vibrant economic actor which has been engaging the ASEAN economies. In previous postings on this blog it was noted that the United States of America and China are committed to cooperation in ASEAN engagement. Concurrently, China appears poised to create a rail link between Thailand and Greater China while a billion dollar Chinese trade complex is to be erected in Bangkok. In that vein, the Prime Minister of Malaysia was recently noted for discussing ASEAN relations with both China and India. To quote directly from the official website of Business Standard, Business-Standard.com:
After a speech calling for the establishment of a new multilateralism where nations, especially Asia, would not have to take sides between the United States and China, Malaysian Prime Minister Najib Razak has said the 10-member Association of Southeast Asian Nations (Asean) would not need to choose between India and China. “Asean is located between two great civilisations, China and India. Both these countries, as part of the Asean architecture, the Asean +3 and the East Asia Summit, are quite happy to accept Asean as the centrality in the whole process,” Najib said in reply to a question at the opening of the International Institute for Strategic Studies Asian Security Summit: The Shangri La Dialogue. “Both these two countries want to engage constructively with Asean and (are) looking at ways and means of increasing their trade, investment and other forms of exchanges with the Asean countries. In short, I am quite optimistic we can develop a meaningful and constructive relationship with India and China,” he added…
In a geopolitical sense, the Association of Southeast Asian Nations (ASEAN) is positioned so as to enjoy trade benefits with both India and China, two of the world’s economies which are expected to show tremendous economic growth in the coming days, months, and years. This observation is made at a time when an inauguration of the Cambodian Securities Exchange is expected. To quote directly from the official website of Xinhua, Xinhuanet.com:
PHNOM PENH, May 30 (Xinhua) — Cambodia is scheduled to inaugurate the long-awaited Cambodia Securities Exchange (CSX) on July 11, according to the statement of the finance ministry released to the media on Monday. And the first securities trading will begin towards the end of 2011, added the statement dated on May 26…
The administration of this web log strongly encourages readers to click upon the hyperlinks above to read this article in detail. This blogger must point out that, although noted in the aforementioned article, it would seem that actual trading on the Cambodian Stock Exchange is apparently not expected to commence upon the exchange’s inauguration. To further elucidate this point it may be best to quote directly from the official website of the Reuters News Service, Reuters.com:
May 30 (Reuters) – Trading on Cambodia’s long-awaited stock exchange, which was scheduled to start in July, has been delayed yet again until the end of the year because companies planning listings need more time to comply with regulations, operators said on Monday. Ek Sonn Chan, director general of state-owned Phnom Penh Water Supply Authority (PPWSA), said there were many details still to be ironed out but his company was going ahead with plans for a $20 million flotation…
The administration of this web log asks readers to click upon the hyperlinks above to read this story in further detail as it may provide further perspective upon these developments.
Clearly, there appear to be some bumps in the road toward getting this exchange operational. As with many things in Southeast Asia, it often takes a significant amount of time to undertake a substantial project such as the opening of a stock exchange. Interested parties are encouraged to conduct research into this issue until such time as the exchange’s trading operation is confirmed.
For related information please see: Legal.
29th May 2011
Water Issues Of Concern In Asia While USCIS Poised For Transformation
Posted by : admin
It recently came to this blogger’s attention that there may be some geopolitical tensions arising in Asia in connection to issues associated with the use of water. To quote directly from a very insightful article apparently written by Santha Oorjitham of the New Straits Times and posted by chellaney on the blog Stagecraft and Statecraft:
[T]he lower Mekong states of Thailand, Cambodia, Laos, and Vietnam have a water treaty. India has water-sharing treaties with both the countries located downstream — Bangladesh and Pakistan. There are also water treaties between India and its two small upstream neighbours, Nepal and Bhutan. But China, the dominant riparian power of Asia, refuses to enter into water-sharing arrangements with any of its neighbours. Yet China enjoys an unrivalled global status as the source of trans-boundary river flows to the largest number of countries, ranging from Vietnam and Afghanistan to Russia and Kazakhstan…
The administration of this web log strongly encourages readers to click upon the relevant hyperlinks above in order to read more from this fascinating article. For readers who are unfamiliar with matters pertaining to Asia, particularly Southern Asia or Southeast Asia, it should be noted that water issues can be extremely important for Asian political actors and policy makers. Issues associated with water can have ramifications upon the economies, political institutions, and business environments in Asia and around the globe. As regional associations such as the Association of Southeast Asian Nations (ASEAN) and nations such as India and China begin to become increasingly important players on the international stage it stands to reason that water issues pertaining to Asia will be considered increasingly important by those seeking news and information about the area.
Meanwhile it also recently came to this blogger’s attention that the United States Citizenship and Immigration Service (USCIS) is taking measures in an effort to transform that agency into a more electronic environment compared to the current primarily paper-based environment in which it now apparently finds itself. To quote directly from a USCIS Executive summary as posted upon the website ILW.com:
U.S. Citizenship and Immigration Services (USCIS or Agency) is undertaking an agency-wide effort to move immigration services from a paper-based model to an electronic environment. This effort is known as USCIS Transformation. Transformation will deliver a simplified, Web-based system for benefit seekers to submit and track their applications. The new system is account-centric and will provide customers with improved service. It will also enhance USCIS’s ability to process cases with greater precision, security, and timeliness. In March 2011, the Office of Transformation Coordination and the Office of Public Engagement hosted a series of listening sessions and webinars with participants representing customers, attorneys and community-based organizations (CBOs). The purpose of these listening sessions was to inform USCIS about the benefits and challenges of moving to an electronic environment…
Those interested in learning further about this transformation from the USCIS Executive Summary are well advised to click upon the relevant hyperlinks above to find out more.
This blogger is personally pleased to see the United States Citizenship and Immigration Service (USCIS), an agency under the jurisdiction of the Department of Homeland Security, taking measures to create a more efficient system for adjudication of immigration and visa related petitions or applications. Frequent readers of this blog may have taken note of the fact that USCIS is the initial adjudicator of petitions for the K-1 visa (US fiance visa) as well as the CR-1 visa (US Marriage Visa) and the IR-1 visa. Hopefully, USCIS’s transformation will result in more streamlined processing of the aforementioned petitions.
For related information please see: US-Thai Treaty of Amity or Consular Processing
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