Backgrounder: Operating, negotiating FTA agreements with APEC economies
Member economies of the Asia-Pacific Economic Cooperation forum (APEC) are striving to forge a regional free trade facility to be known as FTAAP (Free Trade Area of Asia-Pacific)… AFTA (ASEAN Free Trade Area) – signed in January of 1992, it covers all 10 ASEAN members of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam and is aimed at increasing ASEAN’s competitiveness as a production base through elimination of tariffs and non-tariff barriers…
