Historic Step to Win-win Deal for China, ASEAN

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.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

President Adamkus congratulated President-elect Dalia Grybauskaitė

President Valdas Adamkus phoned President-elect Dalia Grybauskaitė this morning after midnight and congratulated her on winning the presidential election. more »

President Adamkus presented Ambassador Ina Marčiulionytė as candidate for UNESCO's Director-General

President Valdas Adamkus, currently on a working visit to France, hosted a reception Wednesday evening in Paris. more »

President Adamkus to attend Annual Meeting of UNESCO Goodwill Ambassadors in Paris

In Paris, Valdas Adamkus will meet the Director-General of UNESCO, Mr. Koïchiro Matsuura, to discuss the challenges arising at the time of global crisis to UNESCO's educational, scientific and cultural goals. more »

President received letters of credence from ambassadors of Guatemala and Bangladesh

President Valdas Adamkus received letters of credence from Ambassador Fernando Molina Giron of Guatemala and Ambassador Mohamed Mijarul Quayes of Bngladesh. more »

Valdas Adamkus congratulated the President of South Africa on inauguration

President Adamkus expressed his confidence that through his personal example, commitment and dedicated work Mr. Zuma would unite the people of South Africa for the common cause of building a prosperous, secure and open state. more »

President: Five years of EU membership is a good opportunity to think about whether we are making the best of the advantages offered by the EU

President Valdas Adamkus participated in the conference "Five Years of EU Membership: Lithuania's European Policies" held at the Seimas. more »

President Adamkus and Mrs. Alma bade farewell to the Royal Couple of Spain

President of the Republic of Lithuania Valdas Adamkus and Mrs. Alma Adamkienė bade farewell in Vilnius Airport to King Juan Carlos I who completed his state visit to Lithuania. more »

Lithuania’s President and Spain’s Monarch discussed bilateral cooperation, EU and Eastern Partnership, and energy issues

President Adamkus had a meeting with King Juan Carlos I and Queen Sofia of Spain on a two-day state visit to Lithuania. more »

President discussed pressing public finance and economic issues with Government and ministerial leaders

The President and the Prime Minister together with the line ministers discussed the pension reform and the situation of the state budget and the social security fund, SODRA. more »

King of Spain to arrive in Lithuania

Wednesday, May 6, will start with the welcoming ceremony for H.M. King and Queen of Spain by President Valdas Adamkus of Lithuania and Mrs. Alma Adamkienė. more »