日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

FTA expected this year

By Li Jiabao in Beijing and Wu Jiao in Seoul (China Daily) Updated: 2014-07-04 02:54

Countries agree to boost renminbi settlement and set trade targets

FTA expected this year

President Xi Jinping and South Korean President Park Geun-hye greet children during a welcoming ceremony at the presidential Blue House in Seoul on Thursday. [Photo/Agencies]

China and South Korea pledged on Thursday to conclude negotiations on a free trade agreement before the end of this year, but experts said major difficulties remain in sensitive areas.

President Xi Jinping started a two-day visit to South Korea on Thursday, his first after taking office last year. A joint statement issued after his meeting with his South Korean counterpart Park Geun-hye evaluated progress made on forging a comprehensive free trade pact.

The two countries also agreed to boost renminbi settlement and investment while setting a $300 billion annual trade target for 2015.

"I'm optimistic about the prospect of the talks for the China-South Korea FTA as both sides are aware of the difficulties for each other. I believe the pact will be established before the end of this year," said Shen Minghui, a researcher at the Chinese Academy of Social Sciences' Institute of Asia-Pacific Studies.

Zhuang Rui, deputy dean of the Institute of International Economy at the University of International Business and Economics in Beijing, said that progress is "slower than expected and the pact should be signed as soon as possible".

China and South Korea launched the FTA negotiations on May 2, 2012. The 11th round of talks was held in Sichuan province in late May. The 12th round is scheduled to take place in South Korea in mid-July, according to the Ministry of Commerce.

The pact is expected to cover 14 sectors including goods trade, trade in services, investment, environment and e-commerce.

Shen cited some sensitive areas in the talks. "While South Korea is reluctant to lower its tariffs on agricultural products, China is concerned about opening services sectors," he said.

China is the largest trading partner of South Korea. China-South Korea trade volume has been more than the combined value of South Korea's trade with the United States, the European Union and Japan.

In the January-May period, trade between China and South Korea rose 5.3 percent from a year earlier to $115 billion. South Korea's direct investment in China surged 88.3 percent year-on-year while China's investment in South Korea surged 180 percent, according to the ministry.

"The establishment of a China-South Korea FTA will provide a modality as well as a driving force for the progress of a China-Japan-South Korea FTA and a Regional Comprehensive Economic Partnership," Shen said.

The three countries are holding negotiations on a trilateral FTA. They are also negotiators for the Regional Comprehensive Economic Partnership that covers 16 economies in Asia.

Economic integration in East Asia is facing difficulties in recent years and a bilateral FTA will "advance trade and investment facilitation in the Regional Comprehensive Economic Partnership framework", Zhuang said.

Shen cited some sensitive areas in the talks. "While South Korea is reluctant to lower its tariffs on agricultural products, China is concerned about opening services sectors," he said.

China is the largest trading partner of South Korea. China-South Korea trade volume has been more than the combined value of South Korea's trade with the United States, the European Union and Japan.

In the January-May period, trade between China and South Korea rose 5.3 percent from a year earlier to $115 billion. South Korea's direct investment in China surged 88.3 percent year-on-year while China's investment in South Korea surged 180 percent, according to the ministry.

"The establishment of a China-South Korea FTA will provide a modality as well as a driving force for the progress of a China-Japan-South Korea FTA and a Regional Comprehensive Economic Partnership," Shen said.

The three countries are holding negotiations on a trilateral FTA. They are also negotiators for the Regional Comprehensive Economic Partnership that covers 16 economies in Asia.

Economic integration in East Asia is facing difficulties in recent years and a bilateral FTA will "advance trade and investment facilitation in the Regional Comprehensive Economic Partnership framework", Zhuang said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产成人精 | 国产高清av | 精品社区 | 亚洲一区二区av在线 | 中文字幕高清在线观看 | 激情视频一区 | 九九热这里有精品视频 | 日韩av一级 | 青草国产| 国产麻豆a毛片 | 亚洲黄网在线观看 | av网站在线免费 | 在线观看h片| 亚洲一二三四在线 | 欧美一级艳片视频免费观看 | a级片毛片 | 伊人网综合视频 | 久操久操久操 | 成人公开视频 | 亚洲网在线观看 | 亚洲综合视频网 | 极品久久久久久久 | 色小说av| 国产专区视频 | 在线观看成人免费 | 色呦呦一区 | 午夜精品三级久久久有码 | 国产3p视频| 日韩免费看 | 免费一级特黄特色大片 | 成人黄色短视频 | 欧美一区二区在线看 | 国产69久久精品成人看 | 伊人伊人网 | 日韩毛片在线免费观看 | 成人免费看片视频 | 91av麻豆| 亚洲精品图区 | 日韩欧美中文字幕在线视频 | 国产免费一区二区三区免费视频 | 1024国产|