Free trade zones on agenda for BRICS

In their upcoming summit, BRICS countries are expected to discuss using free trade zones as an early, practical step toward fulfilling their goal of enhancing regional trade and investment, experts at high-level government think tanks said on Thursday.

"By the end of 2020, each BRICS member is expected to set up a clear road map for promoting trade," said Ye Fujing, director of the Institute for International Economic Research, a think tank under the National Development and Reform Commission, the country's top economic planner. "As part of that effort, BRICS members will discuss establishing free trade zones during the upcoming summit."

The BRICS Summit will be held in Xiamen, Fujian province, from Sunday to Tuesday.