Third Round of ASEAN-China FTA 3.0 Upgrade Negotiations

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Third Round of ASEAN-China FTA 3.0 Upgrade Negotiations

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ASEAN and China convened the Third Round of the ASEAN–China FTA (ACFTA) 3.0 Upgrade Negotiations on 24 – 27 June 2023 in Kunming, China. Following the launch of the ACFTA 3.0 upgrade negotiations at the 25th ASEAN-China Summit in 2022, the ACFTA Special Joint Committee and various Working Groups have been activated to start discussions on upgrading ACFTA with the aim to build a more inclusive, modern, comprehensive, and mutually beneficial ASEAN-China FTA. China International Trade Representative and Vice Minister Wang Shouwen, China’s Yunnan Provincial Governor Wang Yubo along with Yunnan provincial government officials attended the Opening Ceremony on 25 June 2023. During his Opening Remarks, Vice Minister Wang Shouwen emphasised the importance of the ASEAN-China FTA to the growth of ASEAN-China economic relations and instructed negotiators to exert utmost efforts and actively engage in negotiations to strengthen ASEAN-China economic relations with shared future as instructed by the Leaders.

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