Thursday, May 24, 2012

Tariff Cut On Imports From Five Asian Countries?

October 8, 2009 by  
Filed under China, India, Uncategorized

(China. org. cn, Aug 18, 2006) Tariffs on more than 1,700 kinds of imported products from India and four other Asian nations will be cut by China from September 1 as part of the tariff concession arrangement reached under the Asia-Pacific Trade Agreement, the Chinese Ministry of Finance said on Thursday.
Chinese exports to the five nations–India, the Republic of Korea, Laos, Sri Lanka and Bangladesh– will also enjoy tariff concessions, the Ministry said.
Items affected by the new arrangements include agricultural products, medicines, chemicals, textiles, metal items, mechanical and electrical goods, motor vehicles and spare parts.
The new arrangements, agreed during the third round of tariff concession negotiations among the six members of the Asia-Pacific Trade Agreement, will assist boost trade ties and regional cooperation, the Ministry said.
source:http://www. zoomchina. com. cn/index. php?/content/view/11380/81/

Comments

No Responses to “Tariff Cut On Imports From Five Asian Countries?”
  1. onlyonce says:

    free trade is good; some things will cost a bit less in Asia next year.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

Powered by Yahoo! Answers