The three nations have signed a trilateral investment.  An agreement would promote the integration of Asian economies. All of Asia, along with the rest of the world economy, would benefit from their intimate and progressive trade relations.  The Free Trade Agreement between China and Japan and South Korea is a proposed free trade agreement between China, Japan and South Korea. The free trade agreement between China and Japan and South Korea was proposed in 2002. Negotiations on the agreement were launched in 2012.  The three nations account for up to 19.6% of the world economy. The first formal discussions on this subject took place in Seoul from 26 to 28 March 2013. Further discussions took place in China and Japan during 2013 and more were planned for early 2014. Two-way trade between South Korea and China totaled $230 billion in 2013.
 The fifteenth roundtable was held in Tokyo from April 9 to 12, 2019.  “This round of negotiations is the first after the three parties have reached a consensus on the overall acceleration of negotiations. The three parties held a meeting of the chief negotiators, the hearing of directors-general and 13 sub-conferences on specific topics, reached a positive consensus on how and how to negotiate relevant issues, and outlined working arrangements for the next stage. The three parties unanimously agreed to further increase the level of trade and investment liberalization on the basis of the consensus established in the Regional Comprehensive Economic Partnership Agreement (RCEP), in which the three parties participated, and to adopt high ground rules for the creation of a RCEP Plus free trade agreement. ” – fta.mofcom.gov.cn It was said that negotiations would accelerate on the basis of the US government`s current “trade war” with China. The eleventh round of discussions took place from 9 to 11 January 2017, during which trade in goods, trade in services and investment was discussed.  The sixteenth roundtable was held in Seoul from 27 to 29 November 2019.  The twelfth roundtable was held in Tokyo from April 10 to 13, 2017 . A fourth round of talks was held from 4 to 7 March 2014 in Seoul, South Korea.
 . On 17 and 18 June 2014, an intersessional meeting of negotiations on the free trade agreement between Japan, China and the Republic of Korea was held in Tokyo, before the fifth round of negotiations was scheduled later in the summer. .