Economics, Econometrics and Finance
4 years ago

New Free Trade Area in Asia-Pacific Sparks Economic Growth Potential

A free trade area of the Asia-Pacific : potential pathways to implementation
Tran Lam Anh Duong, Adam Heal

Paper Summary

The Asia-Pacific Economic Cooperation (APEC) leaders are working towards creating a Free Trade Area of the Asia-Pacific (FTAAP). This plan is closely tied to two other regional trade agreements: the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP). The success of the FTAAP depends on progress in these agreements.

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