Asean china free trade agreement pdf

Thu Vân With the EU – Việt Nam Free Trade Agreement (EVFTA) signed late last month, Việt Nam will have the opportunity to gain further access to the market of 28 European Union member countries as well as global markets. As one of the ‘new generation’ bilateral agreements, the EVFTA trade deal includes commitments to implement International Labour Organisation core standards. The Vietnamese Government is now revising the Labour Code, which, if adopted, will represent major progress towards alignment with the International Labor Organisation (ILO) 1988 Declaration on Fundamental Principles and Rights at Work. In parallel, the Government has ratified one of the three remaining ILO core conventions – Convention 98 on collective bargaining – earlier this year. It is working towards the ratification of Convention 105 on forced labour in 2020, and Convention 87 on freedom of association by 2023.  In the revised Labour Code that … [Read more...] about Free trade agreements help labourers’ rights reform

Hanoi (VNA) – The 16th China-ASEAN Expo (CAEXPO) and the 2019 China-ASEAN Business and Investment Summit (CABIS) will take place in Nanning, capital of China’s Guangxi Zhuang Autonomous Region, from September 21-24. Vice Chairman of the Guangxi Zhuang Autonomous Region Yang Jinbai said having been held successfully for 15 straight years, CAEXPO has become an international event with considerable influence in promoting economic ties between China and the Association of Southeast Asian Nations (ASEAN). It provides a platform for dialogues among leaders and ministers of ASEAN and China to enhance cooperation between the two sides and help build a sustainable ASEAN Community and China. Yang said in the 15 previous editions, CAEXPO attracted a total 746,000 entrepreneurs, helping with the implementation of major projects like the China-Malaysia Twin Parks and the China-Indonesia Economic and Trade Cooperation Zone, along with the upgrade of the ASEAN-China Free Trade Area. … [Read more...] about Expo, summit to further drive ASEAN-China cooperation forward

Hanoi (VNA) – A free trade agreement (FTA) between Singapore and the Eurasian Economic Union (EAEU) was signed by their leaders in Yerevan, capital of Armenia, on October 1. Talking to the media after the signing that followed an EAEU summit in Yerevan, Singaporean Prime Minister Lee Hsien Loong highlighted the FTA’s significance for his country to enter the potential market of the Eurasian union and for the deal’s members to resist protectionism. He also repeated concerns about the growth of barriers and obstacles to the free flow of goods, noting that free trade will create competition and promote technological development. Kazakh President Kassym-Jomart Tokayev said Singapore is the second country, after Vietnam, to sign an FTA with the EAEU, which is also working towards a similar trade pact with Iran. The EAEU groups Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan. Vietnam inked an FTA with this bloc in May 2015./. VNA … [Read more...] about Singapore, EAEU sign free trade deal

Prime Minister Lee Hsien Loong met Chinese Premier Li Keqiang for a bilateral meeting at the Istana on Nov 12, 2018 (Source: https://www.straitstimes.com) Hanoi (VNA) - Singapore and China signed 11 memoranda of understanding (MoU) on bilateral cooperation on November 12 within the framework of the ongoing visit by Chinese Premier Li Keqiang. The MoUs covers the fields of bilateral cooperation such as trade, fintech, culture, the environment and urban area development. In addition to MoU signing, the two sides upgraded the China-Singapore free trade agreement (CSFTA), making Singapore’s products to China easier and increasing investment protection. Changes were also made to measures to boost trade, tariff procedures, the settlement of some new issues like environmental protection, e-commerce and competitiveness. During the visit, Chinese Premier Li Keqiang and Prime Minister of Singapore Lee Hsien Loong had talks, during which they agreed to increase joint efforts in … [Read more...] about Singapore, China sign 11 bilateral cooperation documents

Hanoi (VNA) – The Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) said on October 7 that the country and Indonesia plan to hold the 10th round of negotiations for their Comprehensive Economic Partnership Agreement (CEPA) in Bali this week as the Northeast Asian economy continues efforts to expand its export portfolio in the Southeast Asian market. Their negotiations resumed this year after a hiatus of five years. The previous meeting was held in August. A CEPA is equivalent to a free trade agreement (FTA) but also focuses on a broader scope of economic cooperation beyond trade. According to the ministry, during the upcoming meeting, the RoK and Indonesia will aim to build the details of the agreement's terms, including products and services not mentioned in the previous negotiations. In previous negotiations, the two sides agreed on major parts of the CEPA. The upcoming gathering will pave the way for its conclusion. The RoK has been making efforts to … [Read more...] about Indonesia, RoK to hold 10th round of trade talks