The Bangkok Post reports that the framework for an ASEAN-China Free Trade Area will be the highlight of the four-day meeting of ASEAN economic ministers in Brunei.
The newspaper says that ASEAN ministers are scheduled to meet with the head of China’s Ministry of Foreign Trade and Economic Co-operation (MOFTEC).
There are reportedly some differences within ASEAN member countries on timing preferences for freer trade with China.
The newspaper report says that Thailand and Singapore had expected to see tariff cuts between ASEAN and China reach the lowest level by 2010, while several original ASEAN members, such as Indonesia, hoped to see 2012 as the final year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData