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The conclusion of negotiations between China and ASEAN countries to further upgrade their free trade area marks a "milestone" in strengthening Asian economic stability and brings much-needed certainty to the world, experts say. China and the Association of Southeast Asian Nations have completed negotiations on the Version 3.0 China-ASEAN Free Trade Area, or CAFTA, China's Ministry of Commerce said last week. ▲ A worker examines the quality of mango slices at a mango processing factory in Kampong Speu Province, Cambodia, on March 18. China's purchase of Cambodian dried mangoes has contributed to boosting the local economy. Cheong Kam Ka/Xinhua It was concluded after nine rounds of talks, which began in November 2022. "CAFTA 3.0 is not just a simple extension of the existing rules, but a step toward a more inclusive, comprehensive and mutually beneficial high-standard agreement," said Li Siqi, an associate professor at the China Institute for WTO Studies at the University of Internatio
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