Russia supports the idea of establishing a free trade area (FTA) in the Asia Pacific region, which is believed to enhance the country’s position in the region’s market, President Vladimir Putin said.
Experts believed an envisaged Free Trade Area of the Asia Pacific, which includes all 21 APEC economies, is an effective way to reduce the "spaghetti bowl effect" of overlapping regional trade agreements and fragmentation risk in the Asia-Pacific.
The demise of the TPP and the recent politicizing of trade have made China rethink what it really wants from free trade agreements (FTAs).
China is hoping to galvanise two regional trade proposals — the Regional Comprehensive Economic Partnership (RCEP) and the Free-Trade Agreement of the Asia-Pacific (FTAAP), following the formal exit of the United States from the Trans Pacific Partnership (TPP).
The country could replace the US as the region’s major trading partner if the president-elect follows through with his protectionist policies.
States such as Vietnam, Malaysia, Thailand and Philippines, which used to lean toward the United States (US), may now be seeking to find more favor with the Chinese.
The focus of the Asia-Pacific is believed to be shifting to the Regional Comprehensive Economic Partnership (RCEP)
While the dream of free trade was born in the prosperous West, it will be completed in the emerging East.
As a major non-APEC member of the RCEP, India faces the prospect of integrating deeper with the Asia-Pacific if the RCEP expands into the FTAAP
Consensus in Canberra as leaders prepare to attend Apec summit and confront the death of the Trans-Pacific Partnership
A creation of Free Trade Area of the Asia-Pacific (FTAAP), which would include all APEC states, is one of the main topics on the agenda of the 2016 APEC Summit.
China will seek support for a Beijing-led Asia-Pacific free trade area at a regional summit in Peru, Chinese officials, after Donald Trump’s U.S. election win dashed hopes for a U.S.-led free trade pact.
Trade ministers from the United States, China and other Asia-Pacific Economic Cooperation forum nations say a study on the proposed "Free Trade Area of the Asia Pacific" agreement is on track.
India’s inclusion in APEC is hoped to further integrate the Indian economy into the Asia-Pacific economic milieu as well as boost its ‘Act East Policy’.
South China Sea disputes a hot topic of discussion but declaration at the end of the Asia-Pacific leaders summit makes no reference to the issues
Leaders of 21 Asia-Pacific economies agreed to push forward with a wider free trade agreement, even as U.S. and China form their own free trade blocs to gain greater influence in the region.
Ministers of 21 Asia-Pacific economies on Tuesday welcomed progress in efforts to establish a region-wide free trade zone as they wrapped up a two-day meeting in Manila.
To address the global challenges faced by Asia Pacific economies, APEC businesses should adopt China’s free trade and investment agreements, policies, and initiatives, Chinese President Xi Jinping said
China will seek to push its own vision of an Asia-Pacific trade pact at a regional summit next week, senior officials said, after this month’s release of a rival US-led deal that pointedly excludes the Asian giant.
While bilateral free trade agreements, as a means to further the market-opening and rule-making agenda, have been globally picking up steam, there have also been parallel efforts to usher in a plethora of regional trade agreements and economic unions.