APEC leaders make pledge on free-trade

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YOKOHAMA, Japan (AFP) – Pacific Rim leaders including the US and China pledged Sunday to turn their dreams of a vast free-trade zone embracing more than half the world's economic output into reality. The 21-member Asia Pacific Economic Cooperation (APEC) forum resolved to resist the forces of protectionism as the world recovers from a painful downturn, and to work together to regain the growth momentum. “We remain committed to maintaining open markets and fighting protectionism. We reaffirm our common resolve to support the recovery in a collaborative and coordinated way,” they said in a statement. APEC's grand plan is for a Free Trade Area of the Asia Pacific (FTAAP)…

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APEC leaders make pledge on free-trade

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Posted by on November 14, 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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