blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
Business News

 

ASEAN ministers pledge to ratify Japan trade accord
Posted: 26 August 2008 2311 hrs

  Singapore's PM Lee Hsien Loong (R) shakes hands with Indonesia's Trade Minsiter Mari Pangestu.
 
Photos  of

   
 


SINGAPORE: Economic ministers of ASEAN on Tuesday pledged to work for the speedy ratification of an economic partnership agreement with Japan.

Association of Southeast Asian Nations ministers "resolved to ratify the ASEAN-Japan Comprehensive Economic Partnership as soon as possible," they said in a joint statement.

Japan had earlier ratified the pact, the core of which is a free trade agreement covering goods and services.

Singapore has already agreed but it was still unclear which other ASEAN states have done so.

Under the deal, about 90 percent of trade between Asia's largest economy and the 10-nation ASEAN, which has a combined population of 550 million, will be tariff-free within 10 years.

ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. - AFP/de

 


Other business News
Eurozone sets conditions for Greek bailout
Banks agree US$25b deal for US homeowners
China releases Jan trade data
Flights back to normal Friday after strike: Air France
M'sia trade expected to grow at slower pace
US stocks gain on Greece, bank mortgage deal
Euro edges up as Greece inks reform deal
Oil prices rise on Greek deal
Eurozone stalls Greek cash aid pending new conditions
China says January exports expected to have dropped
Greece says agreement reached on austerity measures: ECB
ECB holds key interest rate steady at 1.0%
OPEC cuts 2012 oil demand forecast
China's January inflation hits 3-month high
Spain's economy to worsen in Q1
Indonesia cuts interest rate to record low
Malaysia sees record trade in 2011
Rio Tinto earnings down 59% on aluminium write-down
Asia stocks mixed on Greek fears, China inflation
China's Alibaba raising US$3b for Yahoo! stake

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions