China and 10 Southeast Asian countries agreed Monday to establish a free-trade zone between them by 2010, a move regarded as a milestone in the Sino-ASEAN economic cooperation
Published:
5 November 2002 y., Tuesday
Chinese Premier Zhu and the leaders of the ASEAN signed the Framework Agreement on China-ASEAN Comprehensive Economic Cooperation to kick off the free-trade process.
Chinese Premier Zhu Rongji and leaders of the ASEAN (Association of Southeast Asian Nations) member countries signed a landmark framework agreement Monday in Phnom Penh on enhancing full-range economic cooperation, marking the beginning of setting up a China-ASEAN free trade zone.
According to the agreement, the free trade zone covers trade in goods and services, investment and economic cooperation, with the trade of goods being the core of the free trade. Tariffs and trade limits on most goods and products will be abolished gradually.
China and the ASEAN countries singled out agriculture, IT technology, human resources and investment promotion and the exploration of the Mekong River valley as the priorities for economic cooperation.
Šaltinis:
english.people.com.cn
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
BMW recently highlighted an electric scooter, currently still in the concept phase, targeted at green-leaning commuters.
more »
"I'm excited about where these findings could take us in terms of eventually developing a new type of analgesic for people who suffer from chronic pain."
more »
The Anonymous hackers now have names, at least in Italy. A series of dawn searches this morning concluded investigations by IT police, led by Antonio Abruzzese, into coordinated computer attacks by the group over the past few months.
more »
He world's first flying car has been authorized to use roads while flying in the air.
more »
This is the adjustable-height desk that pairs with a semi-recumbent elliptical trainer to let users exercise while on the job.
more »
Scientists at the Chinese University of Hong Kong have developed an autonomous, caterpillar-inspired robot, designed to climb trees and spot danger to forests via a built-in camera.
more »
Nuclear officials confident over safety levels of flooded nuclear power plant.
more »
A 19 year old computer hacker in London has been released on bail after being charged with attacking government websites.
more »
Greek Communists rally at historical monument in Athens to protest new round of austerity measures
more »
Imagine flying from Tokyo to Paris in less than two and a half hours, without having to burn tons of fossil fuel. One day it might be possible. The concept of zero-emissions, supersonic flight is being explored by European aircraft maker, EADS.
more »