中韩签自贸协议 创造增长新引擎
英语课
Chinese Commerce Minister Gao Hucheng and his South Korean counterpart Yoon Sang-jick signed the bilateral 1 Free Trade Agreement in Seoul on Monday after almost three years of negotiations 2.
The agreement covers 22 areas, including trade in goods and services, investment and government procurement 3.
It is also the first time for China to include finance, telecommunications and e-commerce industries in a free trade deal.
The agreement aims remove tariffs 4 on over 90 percent of goods traded between the two countries in the next two decades.
中韩签自贸协议 创造增长新引擎
Chinese Commerce Minister Gao Hucheng says the deal will create a new engine of growth for the entire region.
"This free trade agreement between South Korea and China is the most important FTA in East Asia and takes an essential part in both countries' FTA strategy. This will bring momentum 5 to economic trading process in the East Asia and Asia Pacific area and will become a strong foundation by sharing a common destiny to develop our new future."
China is South Korea's largest trading partner, and their bilateral trade grew to almost 230 billion US Dollars in 2013.
But South Korea is one of the few countries that have managed to sustain a continuous trade surplus with China in the past decade.
South Korean Trade Minister Yoon Sang-jick says the agreement will give South Korea's small- and medium enterprises wider access to the Chinese market.
"Through the South Korea-China FTA, our economic relationship will become closer and will reform as a huge market that holds 12 trillion dollars. This will bring unlimited 6 opportunities to companies and the economy in both countries."
Chinese investment in South Korea has also surged in anticipation 7 of the free-trade agreement.
So far this year, Chinese investment in Korea has nearly doubled compared with the whole of last year, already exceeding the 1 billion dollar mark.
That is mainly because the deal is expected to boost the circulation of the Chinese yuan in South Korea.
The two currencies can now trade directly, bypassing the US dollar as an intermediary, after an offshore 8 currency trading hub was set up in Seoul dedicated 9 to RMB clearance 10 last December.
The FTA is also seen as the first step for a trilateral free trade agreement between Beijing, Seoul and Tokyo, bringing the East Asian economic power houses even closer together.
It is also expected to pave the way for even bigger things going forward.
Beijing has been in discussion with South Korea over forming a broader trade bloc 11 called the Regional Comprehensive Economic Partnership 12.
This is a multilateral Free Trade Agreement that links the ten members of ASEAN or the Association of Southeast Asian Nations with China, India, Japan, South Korea, Australia, and New Zealand.
The extensive FTA between China and South Korea is expected to form a blueprint 13 for these negotiations.
If negotiated successfully, this Regional Comprehensive Economic Partnership would create the largest trading bloc in the world.
For CRI, I'm Poornima Weerasekara.
adj.双方的,两边的,两侧的
- They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
- There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题,两位政治家各自所持的看法差距甚大。
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过
- negotiations for a durable peace 为持久和平而进行的谈判
- Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。
n.采购;获得
- He is in charge of the procurement of materials.他负责物资的采购。
- More and more,human food procurement came to have a dominant effect on their evolution.人类获取食物愈来愈显著地影响到人类的进化。
关税制度; 关税( tariff的名词复数 ); 关税表; (旅馆或饭店等的)收费表; 量刑标准
- British industry was sheltered from foreign competition by protective tariffs. 保护性关税使英国工业免受国际竞争影响。
- The new tariffs have put a stranglehold on trade. 新的关税制对开展贸易极为不利。
n.动力,冲力,势头;动量
- We exploit the energy and momentum conservation laws in this way.我们就是这样利用能量和动量守恒定律的。
- The law of momentum conservation could supplant Newton's third law.动量守恒定律可以取代牛顿第三定律。
adj.无限的,不受控制的,无条件的
- They flew over the unlimited reaches of the Arctic.他们飞过了茫茫无边的北极上空。
- There is no safety in unlimited technological hubris.在技术方面自以为是会很危险。
n.预期,预料,期望
- We waited at the station in anticipation of her arrival.我们在车站等着,期待她的到来。
- The animals grew restless as if in anticipation of an earthquake.各种动物都变得焦躁不安,像是感到了地震即将发生。
adj.海面的,吹向海面的;adv.向海面
- A big program of oil exploration has begun offshore.一个大规模的石油勘探计划正在近海展开。
- A gentle current carried them slowly offshore.和缓的潮流慢慢地把他们带离了海岸。
adj.一心一意的;献身的;热诚的
- He dedicated his life to the cause of education.他献身于教育事业。
- His whole energies are dedicated to improve the design.他的全部精力都放在改进这项设计上了。
n.净空;许可(证);清算;清除,清理
- There was a clearance of only ten centimetres between the two walls.两堵墙之间只有十厘米的空隙。
- The ship sailed as soon as it got clearance. 那艘船一办好离港手续立刻启航了。
n.集团;联盟
- A solid bloc of union members support the decision.工会会员团结起来支持该决定。
- There have been growing tensions within the trading bloc.贸易同盟国的关系越来越紧张。
n.合作关系,伙伴关系
- The company has gone into partnership with Swiss Bank Corporation.这家公司已经和瑞士银行公司建立合作关系。
- Martin has taken him into general partnership in his company.马丁已让他成为公司的普通合伙人。
标签:
新闻