KUALA LUMPUR: Asean and China signed the protocol to amend the existing FTA to an upgraded version.
The signing was witnessed by all the leaders except for Singapore.
The upgrading of the Asean-China Free Trade Agreement (ACFTA) to the 2.0 version is in line with the changes in the trade and economic landscape between ASEAN and China.
Version 2.0 enables Asean and China to achieve two-way trade of USD 1 trillion and investment of USD150 billion by the year 2020.