Asean-China free trade talks crucial for post-pandemic recovery, says PM

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Asean-China free trade talks crucial for post-pandemic recovery, says PM
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NANNING: Negotiations under the ongoing Asean-China Free Trade Agreement (ACFTA) 3.0 are crucial for post-pandemic recovery, says Datuk Seri Anwar Ibrahim.

The Prime Minister also said that talks under the ACFTA 3.0 will be important to enhance Asean-China trade and investment relations, as well as to ensure the free flow of goods and services.“The inclusion of new growth areas - such as the digital economy, green economy, supply chain connectivity, competition, consumer protection and MSMEs - ensures the agreement’s relevance and foresight.

CAExpo, from Sept 16 to 19, is taking place at the Nanning International Conference and Exhibition Centre in Nanning, which is in south China’s Guangxi Zhuang Autonomous Region.At the same time, Anwar said the Belt and Road initiative has been instrumental in solidifying relations between China and all participating countries.

“We deeply appreciate China’s unwavering support, particularly in ensuring that economic growth translates into shared prosperity,” said Anwar.Anwar said the Malaysia-China Kuantan Industrial Park and China-Malaysia Qinzhou Industrial Park were examples of BRI projects that were developed under the “Two Countries, Twin Parks” concept.

Matrade is coordinating 107 Malaysian companies from various sectors including food and beverages, health and wellness. lifestyles, and among others, at the Malaysian Pavilion.

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