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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

The Asean-China FTA upgrade will improve some of the rules and the requirements of the original FTA so it will be easier for business people to take advantage of it - and it's less onerous, according to Mr Lee (above).

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...