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Jakarta Post

Talks on ASEAN+6 trade bloc to kick off in May

  • Linda Yulisman

    The Jakarta Post

Jakarta   /   Thu, January 31 2013   /  12:36 pm

Members of the Association of Southeast Asian Nations (ASEAN) together with the group’s six major trading partners are slated to begin in May the first round of negotiations to form the world’s largest economic bloc by 2015.

“In the first round of talks, ASEAN and free trade agreement [FTA] partners will negotiate modalities and commitments for liberalization, covering the trade in goods, services and investment,” Trade Ministry director general for international trade cooperation Iman Pambagyo said on Wednesday in Jakarta.

As a prelude to the talks, the parties would meet in Bali at the end of February to seek common ground for a platform for negotiations, Iman said.

Three working groups — trade in goods, services and investment — were finalizing the scoping papers and terms of reference, he added.

The new partnership, dubbed the Regional Compr...