|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

China Welcomes New TPP, Hopes It Complements Other Regional Initiatives

BEIJING – China welcomed on Thursday the signing of the Trans-Pacific Partnership pact, scheduled to take place later in the day in Santiago, Chile, and expressed hope that the initiative would go hand in hand with others from the region such as the Regional Comprehensive Economic Partnership.

China is not a part of the TPP, but it “has been a strong advocate of trade liberalization and a key player of Asia Pacific cooperation,” Chinese Foreign Minister Wang Yi said at a press conference.

“China is positive about any open, transparent and inclusive arrangement that reinforces regional economic integration and the WTO centered global free trade system,” the minister said.

The TPP comprises Australia, Brunei, Canada, Chile, Malaysia, Mexico, Japan, New Zealand, Peru, Singapore and Vietnam.

Unlike the original agreement signed two years ago, the deal does not include the United States as the administration led by President Donald Trump decided to pull out of it.

The proposed Regional Comprehensive Economic Partnership would include the 10 countries of the Association of Southeast Asian Nations, plus China, Japan, South Korea, Australia, New Zealand and India.

Wang also said that at the Asia-Pacific summit, which Beijing hosted in 2014, China had advocated for the establishment of a free trade area for the entire region.

“We hope to see better communication coordination and interaction between the various free trade initiatives in our region so they may complement one another, resist trade protectionism and contribute to an open global economy,” the Chinese foreign minister said.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved