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

  • China and the Association of Southeast Asian Nations will submit an upgraded free trade agreement for approval in October, according to Chinese Foreign Minister Wang Yi.
  • The upgraded pact, known as version 3.0, will cover areas like the digital economy, green economy, and supply chain connectivity.
  • China and ASEAN have agreed on a five-year action plan for collaboration in over 40 fields, as stated by the Ministry of Foreign Affairs and Wang Yi.
  • Wang Yi indicated that both sides aim to finalize consultations on a code of conduct for the South China Sea next year, addressing overlapping maritime claims.
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FRESH NEWS broke the news in on Saturday, July 12, 2025.
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