2025 target set for ASEAN's upgraded FTA with China, despite tensions in the South China Sea.

During the ASEAN summit, Chinese Premier Li Qiang advocated for deeper economic integration with Southeast Asia, highlighting the importance of trade relations and an "ultra large-scale market" for prosperity. Despite ongoing tensions in the South China Sea, where China has overlapping claims with ASEAN nations, leaders called for negotiation and restraint. The bloc aims to finalize an upgraded free trade pact with China by 2025, emphasizing mutual benefits amid geopolitical concerns.

October 09, 2024
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