Saturday, May 12, 2012
East Asian powers agree on trade pact talks
BEIJING (Reuters) - Chinese Premier Wen Jiabao urged northeast Asian powers to cooperate more in the face of global economic headwinds, as China, Japan and South Korea agreed at a summit on Sunday to soon launch negotiations on a three-way free trade pact. The three nations are major traders, and together accounted for 19.6 percent of global gross domestic product
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