Import and export enterprises to the "free trade zone" business opportunities

Two days ago, the Municipal Foreign Trade and Economic Cooperation Bureau, in conjunction with Jiaxing Customs and Jiaxing Entry-Exit Inspection and Quarantine Bureau, held a symposium on “Necessary Business Opportunities in Free Trade Zones and Development in Free Trade Zones”, and invited many participants to participate in free trade zone negotiations. Zhu Guangyao of the Department of International Economic Relations and Trade of the Ministry of Commerce gave a special speech.

It is understood that in 2009, the Ministry of Commerce and 14 countries and regions on five continents built 14 free trade zones and signed 8 free trade agreements. The big advantage of the free trade zone is that the products of both parties can enter and exit with almost zero tariffs. Zhang Jiansheng, director of the Municipal Foreign Trade and Economic Cooperation Bureau, said that enterprises in the city should study and use the relevant preferential policies of the free trade zone agreement, accelerate the adjustment and upgrading of the industrial structure, and comprehensively enhance the competitiveness of enterprises in the international market.

The reporter learned from the symposium that up to now, China has signed and implemented free trade agreements with ASEAN, Chile, Pakistan, New Zealand, Singapore and Peru, completed negotiations with the Free Trade Area of ​​Costa Rica, and is working with Australia and the Gulf Cooperation Council. Free trade zone negotiations in countries and regions such as Iceland and Norway. These news are all good for the import and export enterprises of our city.

Relevant news links China and Costa Rica to sign a free trade agreement On April 8, Minister of Commerce Chen Deming and Costa Rican Foreign Minister Ruiz signed the China-Costa Rica Free Trade Agreement on behalf of the two governments in Beijing. The China-Georgia FTA is a former package of free trade agreements signed between China and Central American countries and is a new milestone in the history of the development of bilateral relations. The two sides agreed that they will strive to implement this Agreement in the second half of 2010 after the completion of the relevant approval procedures.

In terms of trade in goods, China and Colombia will implement zero tariffs on more than 90% of their products in stages, China's textile raw materials and products, light industry, machinery, electrical equipment, vegetables, fruits, automobiles, chemicals, raw fur and leather. Products and coffee, beef, pork, pineapple juice, frozen orange juice, jam, fishmeal, mineral products, raw hides and other products will benefit from tax reduction arrangements. In terms of trade in services, on the basis of their respective commitments to the WTO, the Colombian side has 45 service departments to further open to China, while China has further opened up to Colombia in seven departments. At the same time, the two sides have reached broad consensus in many areas such as rules of origin, customs procedures, technical barriers to trade, sanitary and phytosanitary measures, trade remedies, intellectual property rights, and cooperation.

The signing of the China-Georgia FTA indicates the firm determination of the two countries to adhere to opening up and oppose trade protection in the context of the global economic crisis. This will further promote mutual benefit and win-win for the two countries, play an important role in the two countries' joint response to the world financial crisis, adjust the industrial structure, and accelerate the pace of development, and will bring a broader development space for bilateral economic and trade cooperation.

The China-Georgia FTA negotiations were initiated jointly by President Hu and President Arias during President Hu Jintao’s visit to Colombia in November 2008. After six rounds of negotiations, China and Colombia successfully concluded negotiations in February 2010. In recent years, China and Colombia have conducted sound cooperation in bilateral trade, investment, contracting projects and labor services, and bilateral economic and trade exchanges have shown rapid development. Costa Rica has become China's important trading partner in Central America, and China has become the world's second largest trading partner after Costa Rica. According to China Customs statistics, the bilateral trade volume between China and Colombia reached 2.89 billion U.S. dollars in 2008, which is 32 times the bilateral trade volume in 2001. Especially in 2009, due to the impact of the financial crisis, foreign trade in all major economies in the world generally fell into recession. The bilateral trade volume between China and Colombia has risen against the trend, reaching 3.18 billion US dollars, an increase of 10.2% over the previous year. It reached 2.65 billion US dollars, an increase of 16.6% over the previous year.

Up to now, China has signed free trade agreements with ASEAN, Chile, Pakistan, New Zealand, Singapore, Peru, Costa Rica and other regions and countries.

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