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ASEAN set to ink deals with China
Phuket Gazette - Monday, November 12, 2012
Phuket Business: ASEAN set to ink deals with China
PHUKET: ASEAN and Chinese leaders are set to ink two Free Trade Agreements (FTA) facilitating commerce at a bilateral summit later this month.
Representatives will meet on November 18 in Cambodia, at a summit between ASEAN leaders and six partner countries.
One agreement would eliminate some trade barriers related to sanitary and phytosanitary (animal and plant health) standards; the other would give officials more flexibility in facilitating growth between ASEAN and China.
China has agreed to provide financial aid in order to promote closer economic ties with ASEAN.
After a delay, Commerce Ministry Inspector-General Boonyarit Kalayanamit said the Chinese government has shown signs that it’ll allocate funds to support ASEAN projects soon. At the summit, the two sides will find an agreement on trade liberalization. Certain goods on both sides remain sensitive. For these sensitive items, both sides have agreed to tariffs of less than 20% by 2015, with most products down to zero by 2018. Sensitive goods would include coffee, seeds, rice, nuts, garlic and onions.
China is currently the largest trading partner of both ASEAN and Thailand.
– Petchanet Pratruangkrai
Upcoming days of action
Oct to Nov: autumn of action against CETA in Europe incl. Austria, Belgium, Bulgaria, France, Italy, Germany, Greece, Netherland, Slovenia, Spain... - details
27-28 Oct: mobilisation in Brussels against CETA - contact
03-05 Nov: mobilisation in Brussels against TTIP - contact
4 Nov: Continental day for democracy and against FTAs & neoliberalism in Latin America - contact
Any edits, please contact us
News from the movements
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20-Oct-2016 CEOA close look at the controversial EU-Canada trade deal shows that concerns blocking its ratification are well-founded.
19-Oct-2016 Telesur“We don’t want what happened to us to happen to the people in Dakota,” Piaguaje told teleSUR.
18-Oct-2016 Peoples WorldIn protests billed as “anti-colonial” demonstrations, Peruvians hit the streets on 12 October against the Trans-Pacific Partnership and the Trade in Services Agreement
17-Oct-2016 No al TTIPEn el marco de una semana repleta de protestas para detener la aprobación del tratado de libre comercio entre la Unión Europea y Estados Unidos (TTIP) y la ratificación del CETA (el acuerdo de la Unión Europea con Canadá), la plataforma estatal ‘No al TTIP’ ha movilizado este sábado a miles de personas a lo largo de la geografía española y muy especialmente en la capital de España.
17-Oct-2016 Stop TTIPOver 100 law professors from across Europe have come together to send a clear message to EU decision makers demanding the investor protection mechanisms be excluded from TTIP and CETA.
17-Oct-2016 The Jakarta PostAn activist group is calling on the government to not ratify the ASEAN Regional Comprehensive Economic Partnership (RCEP) clause on International Union for the Protection of New Varieties of Plants (UPOV) 1991, saying that it will increase global corporations’ monopolistic control over small farmers.
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