China and Southeast Asia are entering a new phase of economic cooperation with the China-ASEAN Free Trade Area(CAFTA)3.0 Upgrade Protocol,in which the green economy has emerged as a central pillar of regional integrat...China and Southeast Asia are entering a new phase of economic cooperation with the China-ASEAN Free Trade Area(CAFTA)3.0 Upgrade Protocol,in which the green economy has emerged as a central pillar of regional integration.Negotiations were substantially concluded in October 2024,but the protocol wasn’t officially signed until October 28,2025,in Kuala Lumpur.The agreement moves beyond traditional tariff reductions to expand cooperation into nine major areas and introduces five new pillars:the digital economy,green economy,supply chain connectivity,competition and consumer protection,and support for micro,small,and medium-sized enterprises(MSMEs).展开更多
文摘China and Southeast Asia are entering a new phase of economic cooperation with the China-ASEAN Free Trade Area(CAFTA)3.0 Upgrade Protocol,in which the green economy has emerged as a central pillar of regional integration.Negotiations were substantially concluded in October 2024,but the protocol wasn’t officially signed until October 28,2025,in Kuala Lumpur.The agreement moves beyond traditional tariff reductions to expand cooperation into nine major areas and introduces five new pillars:the digital economy,green economy,supply chain connectivity,competition and consumer protection,and support for micro,small,and medium-sized enterprises(MSMEs).
