Articles of category "Pacific Regional Trade Agreement"

Established in 1989 to promote economic growth and prosperity in the Asia-Pacific region the Asia Pacific Economic Cooperation is commonly known as the Asia-Pacific Trade Agreement or APEC is a premier form to facilitate economic growth, investment, and trade in the Asia-Pacific Region. It is the only inter governmental grouping that operates on the basis of open dialogue, non binding agreements, and equal respect for all of its members.

ASEAN Free Trade Area, commonly referred to as AFTA, is a free trade agreement by the Association of Southeast Asian Nations. When it was originally signed, ASEAN membership was composed of six countries, including Thailand, Singapore, Philippines, Malaysia, Indonesia and Brunei. Vietnam and Cambodia joined in 1995 and 1999 respectively. Currently AFTA free trade agreements involve ten countries of the ASEAN.