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Apec hails progress in setting up region's trade zone

The hope is to eventually create a Free-Trade Area of the Asia-Pacific, which could be the world's largest free-trade pact; the initial report on its viability is due out in January

Gregory Domingo, Philippine Secretary of Trade and Industry, attends Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting (AMM) in Manila on Nov 16, 2015.


THE proliferation of bilateral and regional free-trade agreements (FTAs), including the 12-nation Trans-Pacific Partnership (TPP) pact led by the United States, are all "building blocks" that are essential for global trade to flourish, the Philippine secretary for Trade and