Saturday, 16/11/2024
Bắc giang 31 °C / 23 - 32 °C
Hotline: +84.0204.3 856 624

Business
Hot news:
Business
icon
0.5 1.0 1.5
Shares:
icon-zalo

ASEAN, China bolster trade partnership

Updated: 08:27, 11/09/2019
Economic ministers of the 10 ASEAN member countries and China have agreed to bolster the bilateral trade during their meeting on the side lines of the 51st ASEAN Economic Ministers’ Meeting (AEM 51) in Bangkok.

Thai Deputy Prime Minister and Minister of Commerce Jurin Laksanawisit was quoted by local media as saying on September 9 that ASEAN countries and China have agreed to work together in the framework of the ASEAN-China free trade agreement in three areas, which are negotiations for the opening of more markets, updates to regulations regarding products’ Rules of Origin and free investment zones.

{keywords}

The factory of Vietnam's Garment 10 Corporation in Hanoi.

At the meeting, Thailand asked China to provide 130 million CNY for the implementation of several projects designed to stimulate economic growth in the ASEAN, such as the R3A road connecting Bangkok in Thailand and Kunming in China, developing new-generation entrepreneurs and developing online commerce in Cambodia, Laos, Myanmar, Vietnam and Thailand.

China is the leading trade partner of ASEAN, with bilateral trade reaching 479 billion USD in 2018, accounting for 17 percent of ASEAN’s international trade value.

{keywords}

At the 51st ASEAN Economic Ministers’ Meeting (AEM 51) in Bangkok.

The AEM 51 and related meetings took place from September 3-10 in Bangkok, Thailand, with the participation of economic officials from the 10 member countries of ASEAN and partner countries.

Within the framework of the AEM 51, a series of related meetings were also held, including the 33rd ASEAN Free Trade Area Council Meeting, the 22nd ASEAN Economic Ministers-ASEAN Investment Area (AEM-AIA) Council Meeting, consultations between ASEAN and its partner countries, and the 7th Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting.

Hanoi holds tourism connecting event targeting Australian partners
A tourism business matching event took place in Hanoi on August 23, gathering 32 Australian firms and 150 representatives from Vietnam’s state management agencies and travel companies.
Deepening Vietnam-Australia strategic partnership
Prime Minister of Australia Scott Morrison and his spouse are paying an official visit to Vietnam from August 22-24 at the invitation of Prime Minister Nguyen Xuan Phuc. This is the first visit to Vietnam by Scott Morrison after he was elected as the Prime Minister of Australia. The visit is an important political event, confirming the aspirations of the leaders and peoples of the two countries to further deepen the strategic partnership between Vietnam and Australia.
Vietnam, Japan deepen strategic partnership
Permanent Deputy Prime Minister Truong Hoa Binh hosted a reception for visiting Japanese State Minister for Internal Affairs and Communications Junji Suzuki in Hanoi on July 29.
Vietnam treasures strategic partnership with Japan
Vietnam treasures the extensive strategic partnership and all-round cooperation with Japan, and spares no effort to develop the fruitful relations, Prime Minister Nguyen Xuan Phuc said.

Source: VNA

Shares:
icon-zalo
asean-china-bolster-trade-partnership.bbg

Reader's comments (0)

Your comment...