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China, ASEAN set 2015 as Goal for Upgrading Free Trade Agreement

Posted November 14, 2014

Under Economic Issues, International Trade Issues

(China DailY)

Move aims to provide frameworks for achieving a new level of economic integration

China and the Association of Southeast Asian Nations members have set a goal to conclude the negotiations on upgrading the China-ASEAN Free Trade Area by the end of 2015, as both sides are keen to pursue a larger foothold in each other's lucrative markets with more access to foreign goods and investment.

Premier Li Keqiang said China is willing to take part in the CAFTA negotiations on the basis of the pre-establishment of national treatment plus the negative list model, as well as supporting Hong Kong further in talks on building a free trade area with ASEAN countries. Read more here.