Proposed FTAAP among key outcomes of meeting: PM Lee
Beijing
THIS year's Apec Summit in Beijing has delivered major outcomes, in particular a road map towards a trade liberalisation framework called the Free Trade Area of the Asia Pacific (FTAAP) and a connectivity blueprint that provides the prerequisite for regional economic integration, says Prime Minister Lee Hsien Loong.
"China's proposed FTAAP is a long- term goal - not something that is achievable within two to five years," he told reporters at the close of the summit. "The earliest could be 10 years, so we still have time to nail down the details such as its coverage, content and the role of participating members."
He explained, however, that the FTAAP is not a Chinese…
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