This is a list of free trade agreements between two parties, where each party could be a country (or other customs territory), a trading bloc or an informal group of countries. It also comes after the U.S. withdrew from comprehensive trade agreements that are reshaping global relations. Nearly four years ago, President Trump withdrew the United States from the Trans-Pacific Partnership (T.P.P.), a broader agreement than R.C.E.P., widely seen as a Washington-led response to China`s growing influence in the Asia-Pacific region. President-elect Joseph R. Biden Jr. made a non-binding statement on whether he would join the T.P.P.`s successor. In 2002, when THE CAFTA was just beginning, bilateral trade amounted to $54.8 billion. In 2014, the volume of bilateral trade increased to $480.4 billion, multiplied by 9 over the past 12 years with an annual growth of 20%. China is also using the BRI to push more countries to sign free trade agreements to consolidate the trade and investment leverage that the project opens up. The People`s Republic of China has concluded bilateral trade agreements with the following blocs, countries and their two special administrative regions:[13] Nevertheless, Ms. Das stressed that India remains interested in deepening trade relations in Southeast Asia.
China maintains 16 free trade agreements (FTAs) with its trade and investment partners and negotiates or implements eight other free trade agreements. China`s FHA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Mauritius, Georgia, Korea, Australia, Hong Kong and Macau. The Eurasian Economic Union composed of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan has the following free trade agreements, see below here. An interactive list of bilateral and multilateral free trade instruments is available on the TREND-Analytics website. [59] Trade between China and South Korea continued to grow, from $6.4 billion in 1992, when the two countries established diplomatic relations, to $235.4 billion in 2014. China has been South Korea`s No. 1 trading partner since 2004.La South Korea has been China`s fourth largest trading partner since the same year “The comprehensive regional economic partnership will certainly contribute to global free trade because of its size,” he said. The Free Trade Agreement between China and Switzerland is the first bilateral free trade agreement signed between China and a country on the European continent and is one of the 20 largest economies in the world. This research guide provides selected sources of information for those researching U.S. trade with China.
The target audience ranges from trade policy practitioners, academics, analysts and businessmen to students and the general public interested in the United States. Trade with China, especially the U.S. trade policy with China. For some trade experts, this new agreement shows that the rest of the world will not wait for the United States. The European Union has also continued trade negotiations at a frantic pace. If other countries sign new agreements, U.S. exporters could gradually lose ground. The guide deals with U.S.-China relations in general; the general trade situation between the two countries and specific issues such as trade disputes and trade measures; the U.S. trade deficit with China; U.S. trade and Chinese state-owned enterprises, assessment of the market and non-market economy, and competitiveness; China`s monetary policy; and investments between the United States and China. Statistical resources, selected journals and databases are also provided. Also included are links to research in the Library of Congress catalog that allow users to find additional works on the subject.
Select the topics you want to search for from the list of Library of Congress subject lines included in each section to create a direct link to the catalog and automatically search for the selected topic. Not all relevant topic titles have been included, but should be a good place to start. For further assistance, please contact a librarian. China is currently participating in the Regional Comprehensive Economic Partnership (RCEP) talks. RCEP is a mega-regional trade agreement proposed by the Association of Southeast Asian Nations with its FTA partners: China, Japan, South Korea, India, Australia and New Zealand. Under the agreement, nearly 96% of products are subject to zero tariffs in terms of tariffs, and nearly 100% in terms of trade volume Afghanistan has bilateral agreements with the following countries and blocs:[1] The China-ASEAN FTA (CAFTA) is the first free trade agreement in China`s foreign trade negotiations and the largest free trade area. DCFTA has vigorously promoted the stable and rapid development of bilateral trade and economic relations over the long term. Bilateral trade between China and Costa Rica reached $5.3 billion in 2014, a 145 percent increase from 2006. The China-ASEAN Free Trade Area (FTA) was fully completed on January 1, 2010, and since then, China has become ASEAN`s largest trading partner, while ASEAN has become China`s third largest trading partner. List of agreements between two states, two blocs or one bloc and one state. Negotiations on the free trade agreement began in August 2006 and in 8 rounds of talks, the two sides successfully concluded negotiations in September 2008.
The China-Singapore Free Trade Agreement is a comprehensive free trade agreement covering trade in goods, trade in services, personnel flows and customs procedures. Switzerland (which has a customs union with Liechtenstein, which is sometimes included in agreements) has bilateral agreements with the following countries and blocs:[41] For fully multilateral agreements (not included below), see: List of multilateral free trade agreements. China and New Zealand formally launched free trade negotiations in December 2004 and concluded them in December 2007 after 15 rounds of negotiations. The Free Trade Agreement (FTA) between China and South Korea officially entered into force on December 20, 2015. Under the agreement, South Korea will remove tariffs on 92 percent of all products from China within 20 years of implementation, in exchange for China abolishing tariffs on 91 percent of all South Korean products. Biden said he would wait to negotiate new trade deals. He wants to focus his energy on the pandemic, economic recovery, and investment in U.S. manufacturing and technology. He Weiwen, a former official at the Ministry of Commerce in Beijing and a leading Chinese trade policy expert, said the deal nevertheless represented a big step forward. Negotiations on the free trade agreement began in September 2004, when the trade ministers of the two countries met on the sidelines of ASEAN plus three meetings of economy ministers. The first round of negotiations was launched in May 2012 […].
