China, Japan, South Korea seek trilateral trade pact

[Viva_La_Revolution]

Source: BBC

The Trade ministers of China, Japan and South Korea have agreed to step up efforts towards a tri-lateral free trade agreement.

The ministers said that free flow of trade and investment between their three countries was key to sustaining economic growth.

Asian economies have been looking to increase trade among themselves as demand from key markets like US and Europe has fallen as countries on both side of the Atlantic try to recover from the financial crisis.

The three trade ministers met in Tokyo.

Read more: http://www.bbc.co.uk/news/13184570?utm_source=twitterfeed&utm_medium=twitter

[earcandle]

1. The American Way still lives... just not here anymore.

[marasinghe]

2. ah! China's 100-year plan going into end-phase. (n/t)

[pampango]

3. Looks like Australia wants in, too. "Australia currenting negotiating free trade agreements with all

three nations."

http://www.abc.net.au/rural/news/content/201104/s3199816.htm

PM Gillard talks free trade in north Asia

The Prime Minister is selling the benefits of free trade during her tour through North Asia.

Economic ties will continue to dominate much of her discussions with Japan, South Korea and China, with Australia currenting negotiating free trade agreements with all three nations.

At an address to the Japan National Press Club, Julia Gillard said the two countries must remain committeed to the principals of free trade, and said Japanese Prime Minister Kan and herself had renewed their commitment to concluding an Agreement.

At the Korean International Trade Association Dinner, Ms Gillard said she was confident a trade deal could be struck with South Korea.


Prime Minister Julia Gillard delivers a speech at the
Japan National Press Club in Tokyo on April 22, 2011.

[xchrom]

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