White House economic adviser said the Trump administration is satisfied with China’s progress in meeting commitments to purchase U.S. goods in a Phase 1 trade deal.
The European Union enforced trade sanctions against Cambodia in response to human rights violations, prompting the government to turn to China.
The idea of signing the FTA amid a pandemic is somewhat disconcerting as it could restrict the regulatory and policy space which is presently requiring unprecedented measures to deal with the impact.
The Cambodia-China free trade deal is a message to the EU that Cambodia has another special economic gateway beside the EU
Given the global coronavirus recession, China is lagging behind its first-year goal of a $77 billion rise in purchases.
South Korea and China held a meeting to update and expand the scope of their bilateral free trade agreement (FTA), which took effect around five years ago.
The EU-India virtual summit took place last month with three ’elephants in the room’. The largest elephant was China. Both India and the EU have traditionally followed policies of cooperation with China, but ties have plumbed new depths during the pandemic.
There are those in Japan who insist that the RCEP agreement must be signed even without Indian participation. The signing is scheduled for November in Hanoi.
Argentina is nearing an initial agreement with China that could pave for the way for potential investments by the Asian giant in local pork production for export, Argentina’s undersecretary of trade and investment promotion told Reuters.
Cambodia has listed around 340 more commodities to export to China under the Cambodia-China bilateral free-trade agreement (FTA), bringing the total to more than 10,000. Most of the products are in agriculture and agro-processing and are in addition to what Cambodia has received from the Asean-China FTA, according to a senior official of the Ministry of Commerce.
By opting out of RCEP, PM Modi had already shown the way. This is an opportunity for the domestic economy.
Cambodian Deputy Prime Minister Hor Nam Hong said on July 23 that Cambodia and China will sign a free trade agreement before August 12 ahead of the European Union’s partial withdrawal of the Everything-but-Arms (EBA) trade status.
Cambodia’s bid to offset the partial loss of a European Union preferential trade scheme by pursuing a free trade agreement (FTA) with China will leave the country poorer and beholden to Beijing.
Chinese Commerce Minister Zhong Shan and his Cambodian counterpart Pan Sorasak have announced the completion of China-Cambodia Free Trade Agreement talks. The FTA comes half a year after the two sides launched the negotiations.
The African Continental Free Trade Area (AfCFTA) will create new opportunities for China-Africa cooperation, an Ethiopian expert said on Tuesday.
The top minister said that the trade deficit of countries part of the Regional Comprehensive Economic Partnership (RCEP) has nearly doubled over the past 15 years, while their manufacturing levels also remain abysmally low.
The biggest concern of India with RCEP at this juncture is not merely the economic reasons, but more geopolitical: the existence of China.
The first significant bilateral trade agreement has been signed between the European Union (EU) and China this morning, Monday, July 20.
Chinese commerce minister Zhong Shan and Cambodian counterpart Pan Sorasak announced the conclusion of the talks via a video conference yesterday. The FTA is expected to be signed this year.
South Korea and China will hold a new round of negotiations on their free trade agreement(FTA) regarding the service and investment sectors this week.