According to Japan's Kyodo News reported on August 30, ASEAN, Japan and South Korea and India and other 16 countries in the 30th Economic Ministers Meeting held in Siem Reap in northwestern Cambodia Ministers of the 16-nation conference agreed, agreed to an early start of next year, the Asia wide area of free trade agreement negotiations and strive to contribute to the Agreement at the end of 2015.
 
Asia WAN FTA also known as the Regional Comprehensive Economic Partnership Framework Agreement. If the above-mentioned countries to reach a compromise in the negotiations, economic partnership framework will have a nominal GDP of over 19 trillion U.S. dollars. Japan plans to Asia WAN FTA to strengthen relations with other Asian countries in order to promote the development of trade.
 
However, the report pointed out that the countries due to slow domestic economic development and rapid trade liberalization cautious. Some analysts believe that even if the negotiations start, consultations will be difficult to make progress.



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