China is in talks to form a free-trade agreement with the Middle East. Representatives from Saudi Arabia, Kuwait, United Arab Emirates, Bahrain, Oman and Qatar met with Chinese commerce and finance ministry officials in Beijing to sign a framework economic cooperation agreement and discuss trade issues. China created a free-trade area with the Association of Southeast Asian Nations (ASEAN) in 2003 and is currently in trade talks with New Zealand, Australia, Chile and South Africa. Analysts said a free trade agreement with the Middle East would make China's energy supply more secure.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved