The Chinese Vice Premier has reaffirmed his country's commitment to going beyond the China-ASEAN Free Trade Area (CAFTA) which is set to come into effect on January 1, 2010 in developing comprehensive economic cooperation in the Asian region. This agreement will provide a zero-tariff policy on 90 per cent of the products traded between China and ASEAN countries including Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Once CAFTA takes … [Read more...] about China-ASEAN Free Trade Area on track
ASEAN
ASEAN must aim high in market liberalisation
ASEAN has missed the December 2008 deadline to open markets between capital cities on a multilateral basis, said the director general and CEO of the International Air Transport Association's (IATA), Giovanni Bisignani. "Malaysia must be a strong voice encouraging ASEAN member states to fulfill their obligations under the ASEAN Roadmap for the Integration of the Air Travel Sector (RIATS) and to meet the 2010 milestone. "ASEAN must aim high. A single market including ownership liberalisation by … [Read more...] about ASEAN must aim high in market liberalisation
Singapore: ASEAN, India reach free trade accord
The Association of South-East Asian Nations (ASEAN) has concluded a deal for free trade with India after years of negotiations. The final agreement for the FTA will be signed in December this year during the ASEAN-India summit in Bangkok attended by all 10 members of ASEAN. Th e agreement is expected to be eff ective on January 1, 2009. The agreement covers a range of products including capital goods, textiles, electronic goods and chemicals. The ASEAN member nations and India have also … [Read more...] about Singapore: ASEAN, India reach free trade accord
