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China, Asean complete negotiations on third version of free-trade agreement

( May 21, 2025, 08:43 GMT | Official Statement) -- MLex Summary: China and the Association of Southeast Asian Nations, or Asean, have completed negotiations on the second upgrade of their free-trade agreement, the Ministry of Commerce announced today. The China-Asean Free Trade Area 3.0 Upgrade, expected to be signed by year-end, aims to bolster regional trade stability between China and the 10 Asean-member countries, while embodying the principles of openness and cooperation. Covering key sectors such as the digital economy, green development and supply chain connectivity, the agreement underscores a shared commitment to deepening industrial chain collaboration.The statement follows:...

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