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China and ASEAN have already agreed to create no-tariff zone by 2010 (Photo: European Community)

Japan set to kick-start pan-Asian free trade area

Japanese minister of economy Toshihiro Nikai is set to unveil plans for a pan-Asian free trade area of 3.1 billion people, half the world's population, Malaysian news agency Bernama has reported ahead of the 38th ASEAN Economic Ministers meeting starting today in Kuala Lumpur.

The free trade area would include ASEAN-countries Australia, China, South Korea, India, Japan and New Zealand and would be promoted by a Japanese fund of 100 million US dollars.

The Japanese minister will tr...

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

China and ASEAN have already agreed to create no-tariff zone by 2010 (Photo: European Community)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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