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Asean, China launch ACFTA upgrade talks

THE Association of Southeast Asian Nations (Asean) and China have officially launched negotiations to upgrade the Asean-China Free Trade Area (ACFTA).

This announcement was made on Sunday at the 25th Asean-China Summit in Phnom Penh, Cambodia, where Asean also held its annual leaders' summit.

China's Prime Minister Li Keqiang (L) speaks during the ASEAN-China Summit as part of the 40th and 41st Association of Southeast Asian Nations (ASEAN) Summits in Phnom Penh on November 11, 2022. (Photo by TANG CHHIN Sothy / AFP)