Economic Ministers of the ASEAN-China Free Trade Agreement (ACFTA) member countries on Oct. 29 signed a Protocol to amend the Rule of Operational Certification and Origin Check Procedures under the Goods Trade Agreement, on the occasion of the 17th ASEAN-China Summit in Hanoi .
The amendment was finalised at the session of the Working group of Rules of Origin under the ASEAN-China Trade Negotiating Committee that took place in the Indonesian capital city of Jakarta in August, 2009.
As a result of negotiations over the past two years between Vietnam ’s Ministry of Industry and Trade and ASEAN member countries with China , the event will contribute to promoting ASEAN-China trade, raising the effectiveness of Goods Trade Agreement and offering business opportunities for member countries’ enterprises.
Several ASEAN member countries including Vietnam , Singapore , Malaysia , Brunei , Laos and China will implement the amended rule on January 1, 2011.
Amended ASEAN-China trade agreement signed
The amendment was finalised at the session of the Working group of Rules of Origin under the ASEAN-China Trade Negotiating Committee.
Source: VNA
