Trade negotiators from China, Japan and South Korea will hold their second round of negotiations on a free trade agreement starting July 30.
The four days of talks in Shanghai, China, follow the initial FTZ discussions held in Seoul in late March. The countries’ delegations will be headed by deputy ministerial-level officials.
The three major Asian economies will discuss “areas such as trade in goods, trade in services, customs procedures, competition policies, among others,” according to a statement issued earlier by the Japanese government.
China, Japan and South Korea are Asia’s largest, second-largest and fourth-largest economies, which together account for about 20 percent of global gross domestic product. India is Asia’s third-largest economy.