Upgrade to ASEAN-China free trade agreement almost completed, important in time of growing protectionism: PM Wong

Taiwan

The ASEAN-China Free Trade Area (ACFTA) was the regional bloc’s first one with an external partner, as well as China’s first, Prime Minister Lawrence Wong noted during the 27th ASEAN-China Summit in Vientiane. VIENTIANE: Negotiations to update the free trade agreement between Southeast Asian countries and China are almost completed after nearly two years, leaders of both sides announced on Thursday (Oct 10) during a summit . Certain legal details remain to be ironed out, before the upgrade to