ISDS Case Map
FTAAP
Free Trade Area of Asia-Pacific (APEC)
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).
Pacific Rim leaders are expected at their summit next month to consider combining existing bilateral and regional free trade agreements in the region as a way of creating a Free Trade
Area of the Asia-Pacific, according to a draft report of policy recommendations to the leaders.
The US-South Korea free trade deal could encourage further liberalization and create an environment conducive to a proposed trans-Pacific free trade area linking Asia and the Americas, officials and analysts say.
Chile wants a study of regional trading arrangements (RTAs) and free trade agreements (FTAs) within the Asia Pacific region, and this is likely to be discussed by the leaders at the forthcoming APEC Summit in Santiago.
An Issues Paper for the APEC Business Advisory Council (ABAC)
