GENEVA, Nov 5 (Reuters) - China will later this month enter talks to create an Asian free-trade bloc covering 28 percent of world GDP, a reaction to U.S. progress in forming a Trans-Pacific Partnership that excludes China, South Korean Trade Minister Taeho Bark said on Monday. The RCEP, or Regional Comprehensive Economic Partnership, will be comprised of the 10-nation ASEAN club plus six others: China, India,Japan, South Korea, Australia and New Zealand.

Lima, Nov. 05 (ANDINA). Peru’s Trade and Tourism Ministry (Mincetur) will attend the Inter-sectoral Meeting of the Trans-Pacific Partnership (TPP), to be held in Los Cabos (Mexico) on November 12-17 this year. This meeting seeks to continue the work started by the Horizontal Issues negotiating group in March 2010.

HONG KONG — The Chinese government announced on Monday that it had filed a case with the World Trade Organization accusing some European Union member countries of violating free trade rules with policies that favored the purchase of solar energy equipment produced in Europe.

NEW DELHI : India has joined the Friends of Yemen Group and would support its proposal for joining the World Trade Organisation (WTO). 

NEW ZEALAND is on the verge of teaming up with America to break down trade barriers – but a new US President may mean a different agreement. Negotiations have been postponed until after the elections, which will further delay the Trans Pacific Partnership (TPP). This trade agreement involves an open market without any tariffs in the Asia-Pacific rim with America, while excluding China. New Zealand is hosting the 15th round of discussions to be held in Auckland in December.

GUANGZHOU, Nov. 3 (Xinhua) -- Africa has become the largest export market for medicine made by China and one of the fastest-growing markets for Chinese medical products, a senior medical official said on Saturday at an ongoing import-export fair in south China's Guangdong Province.

HA NOI (VNS) — The Ministry of Finance (MoF) has put up for debate possible amendments to import tariffs next year under the World Trade Organisation commitment. Comments have been sought from officials and industry on cuts to 208 tariff lines of 0.29-25 per cent, with an average rate at 2.76 per cent, MoF's Tax Policy Department director Ngo Huu Loi said. Under the ammendments, the current rates of 48 per cent and 78 per cent would be replaced by 14 tax levels, ranging from 2 per cent to 71 per cent.

In their eighth report to leaders of the G20 nations, the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD) have reported that advanced nations have largely kept their promise to keep markets open by resisting trade protectionism amid high unemployment rates and the weak economic recovery.

HA NOI (VNS)— The third meeting of the Viet Nam-Argentina economic-trade joint committee was held in Ha Noi yesterday to seek ways to diversify exports, increase trade value and lift the two countries' bilateral ties to new heights. At the meeting, the two sides committed to creating favourable conditions for each country to conduct trade with each other. In the agricultural sector, they specified co-operation projects and planned to implement them.

WELLINGTON, Nov. 1 (Xinhua) -- New Zealand orchardists are receiving a little help from Kazakhstan in a bid to wipe out a pest that has been stymieing fruit exports. Scientists with the New Zealand government's Plant & Food Research institute are introducing the central Asian Mastrus wasp, or Mastrus ridens, in a bid to wipe out another insect, the damaging codling moth.