|
BEIJING, March 17 (Xinhua) -- China will kick off negotiations on a proposed free trade agreement (FTA) with Israel this year, the Ministry of Commerce said Tuesday.
Israel is China's major economic and trade partner in the Middle East and along the route of China-proposed "belt and road" initiative, the ministry's spokesman Shen Danyang said at a press conference.
The two sides have completed a feasibility study of the FTA "with a positive outlook," he said, adding it will lift bilateral cooperation to a new height.
Bilateral trade has increased notably since the two countries established diplomatic ties in 1992. China is now Israel's third largest trade partner and the largest in Asia.
Related:
China, Georgia start feasibility study on FTA
BEIJING, March 11 (Xinhua) -- China and Georgia have agreed to set up a joint working group to study the feasibility of a free trade agreement (FTA), according to China's Ministry of Commerce (MOC) on Wednesday.
In addition to a joint statement on the FTA signed Tuesday by the two countries' commerce and economy departments in Beijing, a memorandum of understanding (MoU) on strengthening cooperation for the Silk Road Economic Belt initiative was signed.Full Story
China to accelerate China-Japan-ROK FTA talks
BEIJING, March 7 (Xinhua) -- China will accelerate the free trade area talks between China, Japan and the Republic of Korea (ROK), built on the newly-signed China-ROK free trade agreement (FTA), Commerce Minister Gao Hucheng said Saturday.
Gao made the remarks at a press conference on the sidelines of the ongoing annual session of the National People's Congress, the top legislature.
The country also eyes wrapping up talks for an updated version of the free trade area between China and ASEAN countries, as well as talks for the Regional Comprehensive Economic Partnership (RCEP) by the end of 2015, the minister said.Full Story
