Noting that bilateral trade between India and China is not as vast as their economies, the China Council for Promotion of International Trade has called for expediting the process of a free trade agreement (FTA).
China, the country’s leading export market, has expressed interest in beginning government-level talks with Korea for an early free-trade agreement.
The Indian government is planning to constitute a high-level inter-ministerial group to weigh the pros and cons of having some sort of trade/economic pact with China.
China and the Association of Southeast Asian Nations (ASEAN) are taking a tangible step towards creating the world’s most populous free trade area (FTA).
Commerce minister Kamal Nath’s position that a Free Trade Agreement (FTA) with China would not work until it becomes a market economy is not unreasonable.
The implementation of a free trade agreement (FTA) between China and the Association of Southeast Asian Nations (ASEAN) will negatively affect South Korea’s export competitiveness, a private trade promotion body said Tuesday.
Industry players are generally the most affected stakeholders in any free trade agreement (FTA), but they continually feel they are being left out of the FTA negotiation process. The implementation of the FTA between China and ASEAN nations — which would see almost all import duties slashed starting on Wednesday and gradually dropping to zero by 2010 — is the latest example.
Analysts have said it is a matter of time before China will replace Japan as the ASEAN’s largest trade partner.
Starting on July 20, Indonesia and five other members of Association of Southeast Asian Nations (ASEAN) begin the journey of entering a free trade agreement (FTA) with China — creating a massive single market of approximately 1.8 billion people.
India feels that a free trade agreement (FTA) with China will not work as it is not a market economy.
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.