With multilateral talks through the World Trade Organisation moving rather slowly, the engagement with the Asian Tigers seems to be the Indian ‘Elephant' economy's chance to catch up with the Chinese Dragon.
The pieces of the Canada-China economic puzzle are starting to come together and the picture that emerges reveals a slowly developing but inevitably closer economic relationship between these two economies.v
China, Malaysia, Thailand and Turkey have agreed to separately sign Free Trade Agreements (FTAs) with Pakistan preferably during the current fiscal year.
Thailand and China have begun a joint meeting in the former's northern city of Chiang Rai to strengthen ties and wipe out trade obstacles, hoping to increase bilateral trade under the free trade area (FTA) framework.
While it's too early to judge the prospects for the "pan-Asian" free trade community mentioned in the inaugural East Asia Summit (EAS), Taiwan, which has been excluded from participating, should devise a strategy to avoid being marginalized before it's too late, analysts said.
Thailand and China have begun a joint meeting here to strengthen ties and remove trade barriers, hoping to increase bilateral trade under the free trade area (FTA) framework.
GCC Secretary General HE Abdulrahman bin Hamad al-Attiyah has said that negotiations are now under way between GCC and China for earlier conclusion of Free Trade Agreement (FTA) and that a legal framework is now being made in preparation for the FTA agreement with Korea.
Secretary-General of the Gulf Cooperation Council (GCC) Abdul Rahman al-Attiya said here on Sunday that he hoped talks between the GCC and China on a free trade agreement will be concluded soon.
China will honour its free trade area (FTA) agreements with its trading partners, levy negotiated tariffs on some Indian goods and will also offer special preferential tariff rates to about 30 least developing countries next year, finance minister Jin Renqing said.