Singapore Calls for Asia Pacific Free Trade Zone

VOA News, 12 Nov 2009
Singapore has called for the creation of an ambitious Asia-Pacific free trade zone that it says would comprise nearly half of all global trade. The call, by Singapore's foreign minister, comes ahead of the 20th Asia-Pacific Economic Cooperation summit.
APEC's 20th anniversary comes at a crucial time as its members emerge from the worst financial crisis in decades. Singaporean Prime Minister Lee Hsien Loong says the time is right for serious discussions on reducing tariffs and boosting trade in the region.
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