China to push creation of APEC-wide free trade zone by 2025 | The Japan Times - 1 views
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China will be calling for a commitment by the leaders of the Asia-Pacific Economic Cooperation forum toward the creation of a Pacific-rim free trade area by 2025, when they meet in November, according to a draft of a post-summit leaders’ declaration
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Referring to a “Beijing Road Map” for APEC’s contribution to the realization of a free trade area covering the Asia-Pacific region, the draft declaration says, “We affirm our commitment to the eventual realization of an FTAAP by 2025.”
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The vision of the APEC-wide, ambitious free trade zone emerged in 2006. APEC leaders agreed in 2010 to eventually achieve it on the basis of other preceding frameworks such as the TPP, but little has been decided so far.
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