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China and the GCC will start a new round of negotiations on FTA

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2016-12-21
The resumption of the China-Gulf Arab Cooperation Council (GCC) FTA negotiations at the beginning of this year is proceeding positively and a new round of talks is to be held in Riyadh, the capital of Saudi Arabia.

"The GCC is the most dynamic economic organization in the Middle East's Gulf region, and China is an important economic and trade partner of the GCC countries," Wang said at the forum, the vice minister of the Ministry of Commerce. The two sides have great potential for economic and trade cooperation, which reached an important element of free trade agreement.

Wang said that China and the GCC decided to start negotiations on the FTA in 2004, and despite the ups and downs of negotiations over the past 12 years, the willingness of the two sides to promote free trade negotiations and strengthen economic and trade cooperation has remained unchanged. After three rounds of talks this year, the two sides have made positive progress in trade in goods, trade in services, two-way investment and trade facilitation.

China and the GCC will start a new round of negotiations on FTA.This is a good news for both customers and us.We are China surgical mask manufacturers, China disposable clothing manufacturers and China disposable suit manufactuters.