US EditionChina pitches itself as alternative to US protectionism after signing expanded ASEAN free trade pact
The upgraded pact, signed at the ASEAN Summit, includes digital and green economy cooperation and aims to counter US tariffs while boosting $1 trillion bilateral trade last year.
- China and ASEAN signed an expanded free trade agreement during the 47th ASEAN Summit in Kuala Lumpur, witnessed by Chinese Premier Li Qiang and Malaysian Prime Minister Anwar Ibrahim.
- The pact aims to broaden economic collaboration in infrastructure, digital trade, and environmental efforts while promoting people-to-people exchanges, according to China's State Council.
- Philippine President Ferdinand Marcos Jr. welcomed the trade pact but stated that cooperation cannot coexist with coercion from China in disputed territories.
- Experts noted that the ASEAN-China Free Trade Area 3.0 is expected to enhance trade and support sustainable economic growth despite underlying regional tensions.
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Radio France Internationale
Atlasinfo.fr: l'essentiel de l'actualité de la France et du MaghrebWill the US-China trade war come to an end? Two days away from a decisive meeting between the US and Chinese presidents in South Korea, customs duties are more in the forefront than ever before. Beijing has decided to strengthen its relations with its regional partners in the Asean by signing a strengthened Free Trade Agreement.
China Signs Expanded ASEAN Free Trade Pact, Pitches Itself As Alternative To US Protectionist Policies
China and the Association of Southeast Asian Nations (ASEAN) signed an expanded Free Trade Agreement (ACFTA 3.0) in Kuala Lumpur, aiming to boost regional economic integration, digital trade, and the green economy.
China, ASEAN Ink New Trade Deal, Eye Digital Future
China and the Association of Southeast Asian Nations (ASEAN) signed an upgraded free trade agreement (FTA) on Tuesday, expanding cooperation into the digital and green economies. The deal, known as the ASEAN-China FTA 3.0, was finalized at a leaders’ summit in Malaysia, marking a new phase in a partnership that began in 2010. ASEAN is […] The post China, ASEAN Ink New Trade Deal, Eye Digital Future appeared first on Modern Diplomacy.
Asean, China ink upgraded free trade deal amid US trade tariffs
KUALA LUMPUR — The Association of Southeast Asian Nations (Asean) and China signed an upgraded free trade deal Tuesday covering the digital and green economy sectors and supply chain connectivity, amid steep US tariffs on the bloc's members and intensifying trade friction between Beijing and Washington.
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