China Expands Trade Pact
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China and the ASEAN bloc of Southeast Asian nations signed an upgrade to their free trade agreement on Tuesday, with leaders hailing the deal which spans the digital and green economy, and other new industries.
The announcement came after China’s Premier Li Qiang called on his Asian counterparts to “uphold free trade and the multilateral trading system.”
It’s the second upgrade of the ASEAN-China Free Trade Area (ACFTA) that was first inked in 2002 - making it then China’s first free trade agreement and ASEAN’s first with a major external partner. It then came into effect in 2010, with negotiations for the first upgrade starting in September 2014 and coming into force since 2019.
ASEAN and China have signed an upgrade to their free trade agreement, strengthening regional economic cooperation and modernizing the bloc’s trade framework with its largest trading partner.
A series of high-level and bilateral meetings took place on the second day of the 47th Asean Summit and Related Summits here yesterday, including
Beyond trade, cooperation between ASEAN and China can also be stepped up in areas such as connectivity and the green economy, says Singapore Prime Minister Lawrence Wong.
The 1987 radio address by the former U.S. President Ronald Reagan at the centre of a new U.S.-Canada row was a defence of free but fair trade in which he explained his decision to put duties on Japanese goods in a trade dispute.
Commerce and Industry Minister Piyush Goyal is set to visit New Zealand to discuss finalizing the proposed free trade agreement (FTA) between the countries. The FTA, anticipated to enhance trade and investment,
The leader of Canada’s most populous province is bragging about the impact of his anti-tariff ad that prompted U.S.