Interview: APEC Leading Way on Trade Facilitation for All

Press release
Boracay Island, Aklan Province, Philippines, 25 May 2015

The challenge for the leadership in an economy trying to implement the Trade Facilitation Agreement is you have to get support not only within the bureaucracy but even outside. You have to get all the actors in the supply chain to buy into the change.

Agaton Uvero, Chair of the APEC Sub-Committee on Customs Procedures and Deputy Commissioner of the Philippine Bureau of Customs

Free Trade Agreements Lead to Rising Exports, Study Confirms

Press release

Issued by the APEC Policy Support Unit

Boracay, the Philippines, 25 May 2015 –As regional free trade agreements proliferate in the Asia-Pacific, a new APEC Policy Support Unit report confirms that these agreements do make a difference in boosting exports. These preliminary findings were submitted to APEC Trade Ministers in Boracay over the weekend.

The number of regional and bilateral free trade agreements (FTAs) in the Asia-Pacific region has multiplied since the 1990s with APEC members among the most active economies in negotiating FTAs. At present, APEC members have 144 enforced FTAs, approximately 53 percent of the global number of FTAs.

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