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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World EU, Malaysia kick off free trade talks AFP - Wednesday, October 6 Send IM Story Print EU, Malaysia kick off free trade talks Slideshow: Full Photo Coverage: Business & Economy BRUSSELS (AFP) - – Malaysia and the European Union kicked off free trade talks Tuesday in a move aimed at increasing a two-way trade that currently accounts for around 10 percent of Malaysian imports and exports. The launch of negotiations was announced on the sidelines of the Asia-Europe Meeting (ASEM) attended by 46 nations representing 60 percent of world trade and almost 60 percent of the world's populations. Malaysian Prime Minister Mohd Najib Abdul Razak and European Commission president Jose Manuel Barroso jointly announced the formal commencement of the talks, with Malaysia proposing a first round be held this year. The free trade agreement will focus on market access for goods and services, investment, trade facilitation and economic cooperation. The European Union on Wednesday signs a free trade deal with South Korea, described as its most ambitious yet, and Japan called for increased momentum in its bid for a similar deal during the two-day ASEM summit. Recommend Send IM Story Print Related Articles BRIEF-Arison sells 40 mln Hapoalim shares -Citi Reuters - 24 minutes ago FACTBOX-Comments by global policymakers on currencies Reuters - 31 minutes ago Turkish central bank to hold 3 billion lira repo Reuters - 31 minutes ago Gunman opens fire at OMV compound in Yemen, one injured Reuters - 35 minutes ago European shares extend rally; miners gain Reuters - 37 minutes ago News Search Top Stories ThyssenKrupp forecasts one billion euro profit Kenzo's birthday show whisks Paris back in time Wade out early in LeBron's Miami debut win Dracula fish, bald bird among strange new species Hungary declares emergency as toxic mud kills four More Top Stories » Related Full Coverage Free TradeFree Trade All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Global marine life census charts vast world beneath the seas Doctors fueled US starlet's drug addiction US deficit is 'real and growing' threat: Bernanke Wonder carbon pioneers win Nobel Physics Prize French rogue trader Kerviel jailed for three years More Most Viewed » US state executes first woman in nearly 100 years Workers swarm Europe's streets in anti-cuts protests More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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