You are here

China starts free trade feasibility study with Georgia

Wednesday, March 11, 2015 - 14:22

[BEIJING] China and the former Soviet republic Georgia will set up a joint working group to look at the feasibility of signing a free trade agreement, China's commerce ministry said on Wednesday.

Trade between China and Georgia totalled US$960 million last year, and China is Georgia's third largest trading partner, the ministry said, providing no other details of the trade agreement talks.

China inked major free trade agreements with Australia and South Korea last year, and already has deals with a handful of other countries, including Costa Rica, Peru, New Zealand and the Association of Southeast Asian Nations.

Other countries it is also looking at signing such agreements with include Israel and members of the Gulf Cooperation Council - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom