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Asean-China FTA upgraded to boost trade

Summit to be held in 2016 to mark 25 years of Asean-China Dialogue: Balakrishnan

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Published Fri, Nov 20, 2015 · 09:50 PM

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    Kuala Lumpur

    ASEAN will deepen its trading ties with its biggest trading partner, with the signing of an agreement between the regional grouping and China to upgrade their existing free-trade deal - a pact that could boost trade between them to US$1 trillion by 2020.

    Singapore's Minister of Foreign Affairs Vivian Balakrishnan, who will represent Singapore in inking the agreement, said on Friday: "We have confirmed that there will be an upgrade of the Asean-China FTA." Singapore is the co-ordinator for Asean-China relations for the next three years.

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