Political trust key to promote free trade in East Asia: "Trade ministers of the three nations are meeting in Beijing Saturday to finalize a trilateral investment accord and push FTA negotiations up on each country's agenda.
The conclusion of the feasibility study in 2011 and the nearly finalization of the three-way investment treaty has paved the way for launching the FTA talks, but that only marks one step forward along the long negotiation journey.
But there is no excuse for inactivity in pressing ahead with the agenda, as previous research has proved that the FTA will benefit the people of East Asia.
With combined economic output accounting for one-fifth of the world's total, China, Japan and the ROK are not only geographically-tied but also interdependent in trade."
'via Blog this'
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