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US President Biden pledged to deepen ties with Asia-Pacific Economic Cooperation countries, including advancing fair and open trade as well as investment in the region; urged action to shore up the environment, global health

Ftich sees US-China Phase One trade deal rolling over at end-2021 into 2022, expects Chinese agricultural imports to rise over coming years from recovery in sow herd, changing consumer tastes; US agricultural exports to China will remain high in 2021/2022

Vietnamese timber and wood exports to the UK during the past nine months surged by 25% year-over-year to US$201.2M as local firms employed incentives from UK-Vietnam Free Trade Agreement; wooden furniture made up 91.7% of timber and wood export turnover

Barclays increases Brent oil price forecast in 2022 to US$77/barrel from US$68/barrel on diminishing confidence in revival of US-Iran nuclear deal, as well as continued recovery in demand that could widen 'persistent' supply deficit

Taiwan submits application to join the Trans-Pacific Partnership free trade deal, less than a week after mainland China filed a bid to join

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