JAKARTA, Dec. 28 (Xinhua) -- Indonesia's Chamber of Commerce and Industry and the association of businessmen have formed a joint team to deal with the issues of the ASEAN-China free trade agreement (ACFTA), the Indonesia Daily quoted an official as saying on Monday.
"The joint team is directly chaired by the Economy Coordinating Minister Hatta Rajasa, Deputy Economy Coordinating Minister Edy Putra, Deputy Minister of Trade Mahendra Siregar and concerned ministerial officials," Deputy Secretary General of the Indonesian Businessmen Association Franky Sibarani was quoted by the report as saying.
Franky said the team accommodates various inputs and business problems that potentially emerge following the agreement's implementation on Jan. 1, 2010.
Franky said that the team has received inputs from four business associations.
The process is conducted by case-per-case handling.
"In the future, it is hoped that the team can be strengthened and accelerated, not only in face of the ACFTA, but also in delivering and maximizing the security of domestic market and export," he said.
Chinese motorcycle company operating in Vietnam eyes opportunities in China-ASEAN FTA
HANOI, Dec. 25 (Xinhua) -- In a motorcycle shop on the Tay Son Street in Vietnamese capital city of Hanoi, two young attendants were busy introducing motorcycles with the logo of Chinese brand Lifan to customers.
The motorcycles sold in this shop were all produced in an industrial zone in Hung Yen province thirty kilometers away from Hanoi. Eyeing the market opportunities in Vietnam, Chinese motorcycle company Lifan established a production base in Hung Yenseven years ago. It has now grown into an industrial zone comprising of 11 factories making motorcycle parts and assembling motorcycles. Full story
Malaysian Tourism Ministry bears deep hope in China-ASEAN FTA
KUALA LUMPUR, Dec. 25 (Xinhua) -- The Malaysian Tourism Ministry firmly believes that the full implementation of the China-ASEAN Free Trade Agreement (FTA) will benefit friends from China and ASEAN.
Malaysian Tourism Minister Ng Yen Yen told Xinhua here recently that she bore great expectations of the future and prospects of the free trade area. Full story
Interview: China-ASEAN FTA to make regional trade leap
KUALA LUMPUR, Dec. 24 (Xinhua) -- The establishment of China-ASEAN Free Trade Area (FTA) is expected to help the bilateral trade between the two sides grow by leaps and bounds, a leading Malaysian businessman said here recently.
The FTA will also promote the economic integration in the region to go forward rapidly, said Yong Ah Pwi, President of Malaysia-China Chamber of Commerce, in an interview with Xinhua. Full story
ASEAN-China Free Trade Area benefits both sides
HUA HIN, Thailand, Oct. 24 (Xinhua) -- The ASEAN-China Free Trade Area (ACFTA) that takes effect early next year is well on track, with great potentials to produce huge benefits to both sides.
During the on-gong 15th ASEAN Summit and Related Summits, ASEAN leaders said Saturday that the effective implementation of the major milestone in FTA brings ASEAN closer to the ASEAN Economic Community where free flow of goods is one of its major objectives. Full story
ASEAN looks forward to realization of ASEAN-China Free Trade Area
HUA HIN, Thailand, Oct. 24 (Xinhua) -- The 15th Association of Southeast Asian Nations Summit issued a Chairman's Statement Saturday, saying the bloc looked forward to the realization of the ASEAN-China Free Trade Area (ACFTA) on January 1, 2010.
"The leaders were pleased to note the progress in the implementation of the ASEAN-China Trade in Goods Agreement and looked forward to the realization of the ASEAN-China Free Trade Area (ACFTA) on January 1, 2010 when ASEAN 6 and China eliminates tariffs on products in their Normal Track," said the Statement. Full story
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