India feels that a free trade agreement with China will not work as it is not a market economy. But India wants its relations with China to shift from the political to the commercial domain and has suggested both sides should ensure that they are not played against each other by the rest of the world.
Local businesses are being urged to set up distribution centres in China to take better advantage of the country’s free trade area (FTA) pact with Thailand.
A new study shows relatively high levels of confidence within the New Zealand fashion industry, despite concerns about the impending China FTA and a lack of skilled industry workers.
From July 20, China and the Association of Southeast Asian Nations (ASEAN) are scheduled to lower tariffs on more than 7,000 industrial goods. But according to a recent survey carried out by the China-ASEAN Business Council, 99% of Chinese entrepreneurs had not yet read the Agreement on Trade in Goods while concepts like FTA, ASEAN and ASEAN 10 plus one were new to some respondents.
As the struggle for regional economic dominance in Northeast Asia heats up, the battle for free trade agreements (FTAs) has reached a new level, which may not only see the weakening of the multilateral trade system, but also the cancerous growth of geopolitical influence in regional trade.
Indonesia will not seek to sign bilateral agreements with China outside the China-Asean Free Trade Area (CAFTA) scheme when President Susilo Bambang Yudhoyono visits that country later this week.
Chinese Ambassador to Japan Wang Yi called on the Japanese business community Friday to launch preparations for negotiations on a Japan-China free trade agreement.
The free trade agreement between China and 10 Southeast Asian Nations taking effect this month poses considerable challenges to Korea. The China-ASEAN FTA, or CAFTA, will form the world’s third-largest trading bloc, following NAFTA and the EU.
A gradual reduction in tariffs on manufactured goods between China and ASEAN as their free trade pact goes into effect on July 1 spells trouble for Korean exports.
Workers’ rights and the environment are being sacrificed in the rush to sign a free trade agreement (FTA) with China, a public interest group says.
The Thailand-China relations have been developed in a positive and constructive way since the diplomatic ties between the two countries were established 30 years ago, and now it is time to push it to a higher plane, said Thai Prime Minister Thaksin Shinawatra before his departure to China on the occasion of 30th anniversary of bilateral relations.
Rob Portman, the new US trade representative, discusses the US trade deficit with China and the controversial Central America Free Trade Agreement.
With China-ASEAN free trade already under way, other free-trade agreements that are in the works include China-Australia, China-New Zealand, China-India, China-Pakistan and China-Chile as well as recent initiatives with Iceland, Japan, Korea and Thailand. However, this focus is likely to change, shifting slowly but steadily toward India.
The third round of negotiations between China and New Zealand to establish a free trade area (FTA) did not result in a major breakthrough. But a breakthrough may be achieved in the not-too-distant future.
Trade between Thailand and China has shot up to 24 billion baht ($60 million) over the first 20 months of the enforcement of the bilateral free trade area (FTA) agreement, with Thailand holding the balance of trade by over 11 billion baht ($27.5 million), according to the Director-General of the Department of Foreign Trade, Rachane Potjanasuntorn.
Trade Minister Mark Vaile says the Government will not "sell out" human rights issues to get a better deal on a free trade agreement with China.
AUSTRALIANS should not expect too much from a China-Australia free trade agreement, the Howard Government’s lead negotiator for the deal warned yesterday.
China and the Republic of Korea (ROK) Friday expressed their positive attitude towards speeding up research about establishing a free trade area (FTA) amid the fast-growth economic ties between the two countries.
Trade Minister Mark Vaile signalled a major assault on tariffs, quarantine systems and intellectual property laws as part of free trade negotiations with China.
Despite last week’s political hype caused by Prime Minister Helen Clark’s talks with China’s top leadership - much of it fuelled by Clark - there is a big gap between the two sides on free-trade talks.