China signs expanded ASEAN free trade pact
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It’s the second upgrade of the ASEAN-China Free Trade Area (ACFTA) that was first inked in 2002 - making it then China’s first free trade agreement and ASEAN’s first with a major external partner. It then came into effect in 2010, with negotiations for the first upgrade starting in September 2014 and coming into force since 2019.
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