Visitors Now:
Total Visits:
Total Stories:
Profile image
By Next Big Future (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Negotiations for a trade bloc with Australia, China, India, Japan, New Zealand and South Korea and ASEAN

Wednesday, November 21, 2012 16:01
% of readers think this story is Fact. Add your two cents.

(Before It's News)

From NextBigFuture.com

1. NY Times – Ten Southeast Asian nations said Tuesday that they would begin negotiating a sweeping trade pact that would include China and five of the region’s other major trading partners, but not the United States.

The proposal for the new trade bloc, to be known as the Regional Comprehensive Economic Partnership, is enthusiastically embraced by China. The founding members, who belong to the Association of Southeast Asian Nations, said at the close of the association’s summit meeting here that the bloc would cover nearly half of the world’s population, starting in 2015.

The new grouping is seen as a rival to a trade initiative of the Obama administration, the 11-nation Trans-Pacific Partnership, which includes many of the same countries but excludes China.

China, on the other hand, has gone out of its way to express its support for the new proposed bloc. Its members would be the 10 countries that make up the Association of Southeast Asian Nations, plus 6 nations that have free-trade agreements with the association: Australia, China, India, Japan, New Zealand and South Korea.

2. Reuters – China has been throwing its weight around and buying the loyalties of some Asian states.
Read more »


See more and subscribe to NextBigFuture at NextBigFuture.com



Source:

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.