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China, ASEAN to submit upgraded free trade deal to leaders in October, says China's foreign minister
China, ASEAN to submit upgraded free trade deal to leaders in October, says China's foreign minister

Yahoo

time2 days ago

  • Business
  • Yahoo

China, ASEAN to submit upgraded free trade deal to leaders in October, says China's foreign minister

SHANGHAI (Reuters) -China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi on Saturday. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in May, seeking to cover areas such as the digital economy, green economy and supply chain connectivity. China and ASEAN also agreed on a five-year action plan that specifies collaboration between the two sides in over 40 fields in the coming years, according to a statement published by the Ministry of Foreign Affairs, citing Wang's comments after attending the East Asia Summit in Kuala Lumpur on Friday. Wang also said the two sides agreed to strive to complete consultations next year on a code of conduct in the South China Sea - a set of guidelines aiming to manage disputes in the region, where Beijing and several ASEAN members have overlapping maritime claims.

Shakhboot bin Nahyan Receives Foreign Minister of Burkina Faso
Shakhboot bin Nahyan Receives Foreign Minister of Burkina Faso

Zawya

time2 days ago

  • Business
  • Zawya

Shakhboot bin Nahyan Receives Foreign Minister of Burkina Faso

His Excellency Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, received His Excellency Karamoko Jean-Marie Traoré, Minister of Foreign Affairs, Regional Cooperation and Burkinabè Abroad of the Republic of Burkina Faso, at the headquarters of the Ministry of Foreign Affairs in Abu Dhabi. During the meeting, the two sides discussed bilateral relations between the UAE and Burkina Faso and explored ways to enhance cooperation across various sectors, particularly in the areas of economic partnerships, investment opportunities, and sustainable development. Furthermore, the two sides exchanged views on regional and international developments of mutual interest, emphasizing the importance of strengthening diplomatic cooperation to support peace, security, and stability in Africa and the wider region. Both sides commended the strong ties between the UAE and Burkina Faso, and reaffirmed their commitment to deepening bilateral relations for the benefit of both countries and their peoples. Distributed by APO Group on behalf of United Arab Emirates, Ministry of Foreign Affairs.

Asean and China finalise sweeping free trade upgrade, agree to push South China Sea rules by next year
Asean and China finalise sweeping free trade upgrade, agree to push South China Sea rules by next year

Malay Mail

time2 days ago

  • Business
  • Malay Mail

Asean and China finalise sweeping free trade upgrade, agree to push South China Sea rules by next year

SHANGHAI, July 12 — China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi today. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in May, seeking to cover areas such as the digital economy, green economy and supply chain connectivity. China and ASEAN also agreed on a five-year action plan that specifies collaboration between the two sides in over 40 fields in the coming years, according to a statement published by the Ministry of Foreign Affairs, citing Wang's comments after attending the East Asia Summit in Kuala Lumpur on Friday. Wang also said the two sides agreed to strive to complete consultations next year on a code of conduct in the South China Sea - a set of guidelines aiming to manage disputes in the region, where Beijing and several ASEAN members have overlapping maritime claims. — Reuters

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