19 July 2021 – Thanks to the China-ASEAN Free Trade Agreement (CAFTA), more commodities from ASEAN countries, ranging from agricultural products such as mango, durian and coffee to primary and intermediate products like rubber and paper, have entered the Chinese market. In 2020, China and ASEAN became each other’s largest trading partners for the first…
22 June 2021 – The Ministry of Commerce expects the Regional Comprehensive Economic Partnership (RCEP) agreement – signed by Cambodia and 14 other countries in November – to enter into force on January 1. Ratification of the trade deal is expected to open up more new markets as well as upgrade the Kingdom’s value chains…
9 April 2021 – Singapore ratified the Regional Comprehensive Economic Partnership (RCEP) agreement on Friday (Apr 9), becoming the first participating country to do so, the Ministry of Trade and Industry (MTI) said in a press release. The RCEP is the world’s largest free trade agreement, bringing together the 10 ASEAN economies as well as Australia,…
22 March 2021 – Chinese companies have imported 247.14 billion yuan ($37.95 billion) worth of goods from New Zealand that benefited from tariff concessions following the implementation of the China-New Zealand Free Trade Agreement (FTA) in October 2008, China’s General Administration of Customs said on Monday. China’s imports of New Zealand-origin goods that received tariff…
16 March 2021 – SEOUL South Korea on Tuesday said it will open new facilities overseas to help exporters better capitalize on free trade agreements (FTA) amid the coronavirus pandemic. Under the plan, the country plans to spend 11.9 billion won (US$10.4 million) this year to open new FTA support centers in Southeast Asia and…
28 February 2021 – Preparation work for rules of origin and tariff concessions of the Regional Comprehensive Economic Partnership (RCEP) are being comprehensively promoted, China’s General Administration of customs said on Sunday. At present, China has formulated its proposal on the revision of the origin standard and the guidelines of the rules of origin, and…
