In the Philippine, RCEP ratification was distracted by the pandemic and typhoon response. The coming May polls may present some hurdles in fast-tracking accession to RCEP.
The China-Pakistan Economic Corridor phase-II is much broader in scope and focuses on relocation of industries, agriculture sector modernisation, cooperation in science and technology, said Pakistan’s Ambassador to China.
Beijing and Gulf states say they are committed to reviving long-dormant talks aimed at reaching a free trade agreement, as they look to strengthen ties and deepen economic cooperation in the face of strained relations with the West.
China’s Ministry of Finance on Thursday announced that South Korea will adopt the favorable tariff rates of the RCEP trade pact starting from February 1, as the country has finished ratification of the deal.
China hopes the United States can create conditions to expand trade cooperation, after Chinese purchases of U.S. goods in the past two years fell short of the targets in a Trump-era trade deal.
The US Chamber of Commerce called on the Biden administration to pursue more international trade deals and articulate a coherent strategy to compete and cooperate with China.
Trade ministers of Japan and Singapore pledged to maintain the high standards of market access and rules of the Trans-Pacific Partnership free trade deal, which China and Taiwan made a bid to join last year.
The visit may "make breakthroughs" in talks over a China-GCC free-trade agreement.
China has signaled the desire to re-start a stalled Free Trade Agreement talks with Sri Lanka, during a visit of Foreign Minister Wang Yi.
China and Cambodia will step up the implementation of their free trade agreement (FTA), which took effect from January 1, to benefit businesses and people of both countries, according to a statement by the Ministry of Commerce of China.
Even without an IP waiver from the WTO, China and India are leading the challenge to the West’s vaccine monopoly.
Separate statements issued by both Kenya’s Trade Cabinet secretary Betty Maina and her US trade chief Katherine Tai, after a virtual meeting last Tuesday did not provide any timelines for resuming the stalled talks on the deal signalling a persisting deadlock.
The Taiwanese government hopes the result will bolster its case to join the CPTPP and remove a stumbling block for a free trade deal with the United States.
The ECFA between Taiwan and China came into effect in 2010, and it officially expired last year, though neither side appears to have formally terminated it.
Nicaragua’s parliament on Tuesday repealed the free trade agreement (FTA) signed in December 2006 with Taiwan, after last week severing diplomatic ties with the island in favor of Beijing.
Gwadar unrest grows as fishing communities complain of job losses and broken promises linked to Belt and Road Initiative projects
A majority of China-Pakistan Economic Corridor (CPEC) projects have been completed, revealed Chinese Consul General in Karachi Li Bijian.
The Morrison government is pushing the Biden administration to strike a digital free trade agreement with democracies across the Indo-Pacific in a bid to counter China’s “digital authoritarianism”.
The exports and imports mismatch has been highlighted as a key concern as Africa continues to deepen trade with China.
Nowhere is the intersection between geopolitics and geoeconomics more evident than the accession negotiations under the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership.