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
President of the Republic of Lithuania Valdas Adamkus received letters of credence from the Ambassador of the Republic of Kazakhstan Mr. Galymzhan Koishybayev.
more »
On Wednesday, 14 January, Prime Minister Andrius Kubilius departs on a two day visit to Warsaw, Republic of Poland.
more »
As is well known, the crisis team of the Slovakian Government decided to reopen the nuclear power station it shut down in late 2008, since the lack of energy generating resources might lead to a total collapse of its power grid.
more »
Welcoming the new Sri Lankan Ambassador to Lithuania, the President underlined this appointment was an important and promising step in the development of diplomatic relations between the two countries.
more »
President of the Republic of Lithuania Valdas Adamkus presented letters of credence to Sigutė Jakštonytė as Lithuania's Ambassador to Malaysia and Singapore, and to Vaclovas Šalkauskas as Lithuania's Ambassador to Argentina.
more »
President of the Republic of Lithuania Valdas Adamkus congratulates Lithuania's Orthodox and Old Believer communities on Holy Christmas.
more »
President of the Republic of Lithuania Valdas Adamkus has sent a letter of congratulations to the President of the Czech Republic Václav Klaus whose country has taken over the presidency of the EU.
more »
At the meeting with Mr. Dariusz Jacek Krawiec, President of the Management Board of PKN ORLEN which has AB Mažeikių nafta in its group of companies, Prime Minister Andrius Kubilius discussed a possibility of selling out 9.98 % of the refinery shares held by the Government.
more »
Tomorrow, 9 December, Ukraine's President Viktor Yushchenko is coming to Lithuania for a one-day working visit.
more »
The leaders of the nine Central and Eastern European EU members stated that the prospect of cutting carbon emissions will put the developing economies into difficulties.
more »