国产丝袜在线精品丝袜|在线A毛片免费视频观|日韩精品久久久一区二区|亚洲成在人网站天堂直播|99在线精品66视频无码|亚洲欧美不卡视频在线播放|国产精品久久久久久免费一级|久久精品国产亚洲AV香蕉软件

APTA amendment to help Asian economic integration: MOC

Source: Xinhua| 2018-07-01 15:40:52|Editor: Yurou
Video PlayerClose

BEIJING, July 1 (Xinhua) -- The tariff-cut amendment of the Asia-Pacific Trade Agreement (APTA) became effective Sunday, with China's Ministry of Commerce saying it would facilitate regional economic integration in Asia.

"The amendment will provide member countries new economic impetus, prompt continued trade increases, facilitate economic integration and help further materialize the Belt and Road Initiative," the ministry said Sunday in an online statement.

According to the adjustment, six APTA members including China, India, the Republic of Korea and Sri Lanka cut tariffs by 33 percent on average for products under 10,312 tariff codes. Some products from less-developed Bangladesh and Laos will enjoy special reductions of 86 percent.

It came after a new arrangement was reached during the fourth round of tariff concession negotiations among the six APTA members in January 2017.

In May 2001, China joined the then Bangkok Agreement, whose name was changed to the APTA in November 2005. It aims at promoting economic and trade cooperation among its members through the adoption of trade liberalization measures.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001372935671