AFRICANEWSWIRE.NET (May, 12 2012)
The leaders of China, Japan and South Korea agreed Sunday to start talks this year on a free-trade area, saying it would boost the economies of the entire region.
Chinese Premier Wen Jiabao said closer regional economic integration in response to a slow global recovery and an overall rise in trade protectionism would help unlock new growth potential.
"Northeast Asia is the most economically vibrant region in the world. So there is huge potential for our three countries to have closer trade and investment cooperation," Wen told reporters in Beijing.