Home > Overseas Investment News > China, ROK, Japan Launch 2nd FTA Talks
China, ROK, Japan Launch 2nd FTA Talks
2013-07-31
Brief:The talks will cover the cargo and service trade, rules of origins, customs procedures, trade remedies, intellectual property rights and e-commerce, said Yu Jianhua, a representative for China's international trade negotiation.
China, the Republic of Korea (ROK) and Japan started their second round of trilateral talks on a free trade agreement (FTA) on Tuesday.
 
The talks, which will end on Friday, will cover the cargo and service trade, rules of origins, customs procedures, trade remedies, intellectual property rights and e-commerce, said Yu Jianhua, a representative for China's international trade negotiation.
 
The three countries have seen increasingly close economic and trade relations and are important partners and markets for each other, said Yu.
In 2012, the three countries' combined gross domestic product totalled $15 trillion, accounting for about 20 percent of the world's total and 70 percent of Asia's total.
 
Last year, bilateral trade between China and Japan hit $329.4 billion, while China-ROK trade reached $256.3 billion.
 
The first round of trilateral talks was held in March in Seoul. The third round will be held in Japan at the end of the year.
 

Source: China Daily

Please contact us in case of Copyright Infringement of the photo sourced from the internet, we will remove it within 24 hours.
Relevant Information