ISDS Case Map
APEC
Asia Pacific Economic Cooperation
It is time for APEC to take more concrete actions towards establishing a Free Trade Area of the Asia Pacific (FTAAP) in view of the financial crisis and the stalled Doha Round negotiations, says the APEC Business Advisory Council (ABAC).
Leaders of 21 nations that represent half the global economy fear a raft of new protectionist barriers will strangle commerce as the world slides into a frightening recession. There are growing signs that developing countries will erect protectionist barriers to weather the crisis, partly because they have seen that time after time, "free trade" agreements have focused chiefly on beating rivals to market.
The United States, China, Japan and some emerging economy heavyweights will push for quick action on free trade deals at a summit meeting this weekend as an antidote to a looming recession in much of the world.
Top officials from the Pacific rim were arriving Tuesday for free-trade talks in Peru's capital Lima, which was under a security lockdown for US President George W. Bush's last scheduled foreign trip.
The Asia-Pacific Economic Cooperation forum will study a proposed European Union-style free-trade agreement at a November meeting in Lima, Peru's government said today.
On November 22 this year, the Asia Pacific Economic Cooperation (APEC) leaders' meeting will convene in Lima, Peru. Australian Prime Minister Kevin Rudd and a suit team will be there, pushing for greater trade “liberalisation” on behalf of Australian industrial guilds like the Minerals Council of Australia.
The Peruvian Foreign Trade Ministry said Tuesday that representatives of the Asia Pacific Economic Cooperation (APEC) in Peru will discuss the signing of a Free Trade Agreement (FTA) for the Asia-Pacific Region.
With the collapse of the World Trade Organization talks this week, members of the Asia Pacific Economic Co-operation (Apec) forum are looking forward to working out a deal that would help its 21 members.
The 21-member countries of Asia Pacific Economic Cooperation (APEC), seen to be playing a crucial role in pushing for the conclusion of the stalled Doha Development Round of the WTO, are moving ahead with its agenda of improving market access and substantial reductions in market-distorting measures in agricultural trade in light of the soaring food prices.
Prime Minister Kevin Rudd says his proposed new regional organisation could produce an Asia-Pacific free trade agreement which would mean big benefits for Australia.
