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ASEAN: ASEAN, China to set up centre to maximize benefits of FTA

Updated On: Nov 02, 2009

By S Ramesh, Channel NewsAsia

HUA HIN, Thailand: ASEAN's ties with China have been given a boost with the signing of a memorandum of understanding to set up an ASEAN-China Centre.

Jointly funded by ASEAN and China, the centre will be located in Beijing, contributing directly to trade promotion, investment, tourism, education, as well as cultural and people-to-people exchanges.

For a start, the centre will provide relevant information for businesses and the public, and serve as a data bank in the longer term, providing consultation, assistance and organising activities, such as trade fairs and exhibitions, to maximise the benefits of ASEAN-China Free Trade Area. 

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Source: S Ramesh, "ASEAN, China to set up centre to maximise benefits of free trade area," October 26, 2009,http://www.channelnewsasia.com/stories/southeastasia/view/1013693/1/.htm...