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ASEAN Ministers Sign Pacts Before Packing Up
CEBU, Philippines, Dec 9, 2006 (AFP) - Southeast
Asian trade ministers hastily signed four agreements to speed up
economic integration before packing up and leaving after the
Philippines abruptly postponed a summit scheduled for next week. One
of the agreements expanded the number of products in 12 priority
sectors whose tariffs will be abolished by 2007, three years ahead
of schedule, said senior Philippine trade official Ramon Kabigting.
Another is an agreement easing the requirements for nurses to
practise within the Association of Southeast Asian Nations (ASEAN)
regional grouping. Kabigting said the Mutual Recognition Arrangement
on nursing services would benefit Filipino nurses who are in demand
overseas. Two agreements with China were also signed late Friday in
a confused session as the ministers prepared for their departures
after Manila postponed the summit. It cited a storm which was
threatening to hit Cebu island. Foreign ministry sources however
have said security threats were also a factor for the decision to
defer the summit to January. One of the agreements between ASEAN and
China reduces tariffs on a basket of goods as part of an ASEAN-China
free trade accord currently being negotiated. A seventh agreement
due for signing, with China on trade in services, was shelved until
the summit in January. mba/sm/cc
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