Asean, China seal free trade agreement upgrade
Accord expected to boost Asean-China trade from US$500 billion in 2015 to US$1 trillion in 2020
Kuala Lumpur
AFTER a last-minute hitch which stopped Asean and China from signing an agreement on Saturday to upgrade their existing free trade, officials from both sides worked overnight to resolve the issue. The agreement was finally inked on Sunday before the 27th Asean Summit was wrapped up.
A statement issued by Malaysia, the summit's host, said the Protocol To Amend The Framework Agreement On Comprehensive Economic Co-Operation Between Asean and China was signed by the economic ministers of both sides, witnessed by their leaders.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
France to trim benefits for jobless as debt pressure mounts
UK Tories pledge to bring back national service for 18-year-olds
South Korea, China agree to launch diplomatic and security dialogue
Chinese military drills around Taiwan have ended: state media
Are these drones too Chinese to pass US muster in an anti-China moment?
The increasing Trumpification of TikTok