If proof were needed that an Asian free-trade "arms race" has begun in earnest, then the 10th ASEAN summit in Vientiane on November 29th-30th provided it in abundance. The highlight of the summit was the signing of an FTA between China and ASEAN, but equally striking was the number of other trade pacts that were, variously, agreed, worked on or proposed during the meeting in the Lao capital.
New Zealand government has released the report of a joint study on the to-be-negotiated NZ-China FTA.
China and Chile have decided to start talks on a free trade agreement (FTA)
Beijing would like to see the emergence of an East Asian arrangement such as the European Union or the North America Free Trade Arrangement (NAFTA). Such an East Asian grouping would balance the world system, which is slowly being carved into blocs.
New Zealand and China will announce the results of a feasibility study into a free-trade agreement later this month, New Zealand’s Foreign Ministry said.
Taiwan is struggling to find ways of making free trade agreements (FTAs) with its trading partners, even as China and ASEAN are set to sign two landmark agreements this month establishing the world’s largest Free Trade Area, which is scheduled to come into being by 2010.
Trade liberalization and a push toward enhancing trade and economic cooperation between the 10-nation Association of Southeast Asian Nations (ASEAN) and China are high on the agenda of the new administration of President Susilo Bambang Yudhoyono.
The Chinese government is willing to speed up the process of the China-ASEAN free trade area (FTA) and promote comprehensive and substantive bilateral cooperation.
Australian Trade Minister Mark Vaile said negotiating an FTA with China would be "arguably more important" than the Australia-US free trade deal recently concluded and due to come into operation on January 1.
Leaders of China and the ASEAN (Association of Southeast Asian Nations) countries are expected to sign a package of free trade deals late next month, enabling the two parties to formally implement a China-ASEAN free trade area (FTA) starting from 2005.
The Japan External Trade Organization has established a joint research group with a Chinese government institute to examine the possible impact on the Japanese and Chinese economies of a bilateral free trade agreement.
New Zealand may emerge as the first western country to sign a free trade agreement with China. A study looking at such a deal is to be released next month, and official negotiations between the two governments will start in the new year.
Australian grain growers, who stood to gain billions of dollars in new trade targeting the Chinese food and livestock sectors, are demanding that the federal government fast track a free trade deal with China.
South Africa’s trade negotiations with China should be suspended until their effect on the local economy had been studied, the Congress of South African Trade Unions (Cosatu) said on Friday.
Notwithstanding border and other political problems and the low base, India’s trade with China has increased phenomenally. A preliminary study has been done on a possible free trade agreement (FTA) with China.
In the face of the rapidly growing Chinese economy and a rising number of free trade agreements, Japan is scrambling to reinforce its flagging leadership status in Asia by accelerating FTA negotiations with regional trading partners.
This may come as a surprise to the ministry of home affairs. Security concerns of the government’s intelligence agencies notwithstanding, the ministry of external affairs (MEA) is quietly pushing for a Bilateral Investment Promotion and Protection Agreement (BIPA) with China.
This 2003 paper is a political study of the origins, developments and motivations on the Chinese side of the FTA, demonstrating its political, strategic, intellectual and economic basis.
Panicking suddenly over the specter of being left behind by its Asian neighbors, Japan is rushing to conclude bilateral free-trade agreements, with ministers striving to get stalled talks restarted.
Canberra seems certain to press ahead with negotiations for a free trade agreement with China, possibly within a year, despite growing concerns from manufacturers.