The Free Trade Agreement Between Korea And China Should Be Passed As Soon As Possible.

Yonhap reported that the international trade cooperation committee of the Korea Trade Association held the "second session of the international trade cooperation committee" today at the InterContinental Hotel in Seoul. The conference will urge the Korean parliament and government to ratify the Korea China Free Trade Agreement (FTA) as soon as possible and promote the accession to the Pacific rim economic partnership agreement (TPP) as soon as possible.

Participants also stressed that TPP is more than bilateral FTA.

More significantly, the TPP center will expand trade and supply chain and production networks in the Asia Pacific region.

South Korea should also actively study the possibility of joining the TPP.

Participants unanimously emphasized that in order to overcome

In order to ensure a more competitive position in China's domestic demand market than other competing countries, the Congress should approve the adoption of FTA as soon as possible, so as to enable it to enter into force as soon as possible.

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After the signing of the p Pacific Cooperation Framework Agreement (TPP), products from Vietnam will enjoy duty-free sale to the United States and Japan, so many foreign enterprises are ready to make a big effort here.

Many cities in Vietnam are moving forward and plan to build or expand textile and garment industrial parks.

Vietnam's minister of planning and investment expects the boom in investment in textile and clothing enterprises across the country. He hopes that the development of industrial parks will stimulate local economic development, increase the utilization of local raw materials and reduce Vietnam's trade deficit.

At the same time, it is also emphasized that environmental standards and technical specifications should be ensured when constructing industrial parks.

For example, Hu Zhiming recently announced that it will open 6 industrial parks with a total area of more than 2000 hectares for foreign investment.

In addition, the southern provinces, such as Longan and East Nai, are also preparing to build industrial parks.

Foreign investors hope that the government can release more land to build the park for their investment and construction.

The head of the Special Economic Zone Management Committee said that Longan has received more than 100 foreign investment applications, mainly in the fields of spinning, weaving, dyeing and finishing, and shoes.