Lankabusinessonline.com, 15 Nov 2008
"It is not clear whether Obama will give a push within the APEC forum to a Bush administration-initiated plan to forge a free trade area of the Asia-Pacific stretching from China to Chile.
Although leaders at the APEC summit in Sydney last year agreed to "examine the options and prospects" for the ambitious plan, Japan and China and several other economies have given lukewarm backing, APEC officials said.
Another Bush initiative in APEC which the Obama administration has to consider is a tariff-busting agreement which Washington wants to forge with Singapore, New Zealand, Chile and Brunei."
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