MANILA (Sputnik) — Speaking at the opening of the APEC leaders’ plenary session, Doris Ho said that ABAC welcomed the conclusion of the wording and content of the TPP, and the proposed RCEP (ASEAN-based Regional Comprehensive Economic Partnership) as well as other regional agreements that would facilitate trade.
According to Ho, the Free Trade Area of the Asia-Pacific (FTAAP) remains the main goal.
"The FTAAP is the most practical vehicle to achieve the sustainable and inclusive environment… We urge immediate actions: adopt policies to promote trade and services, promote FTAs [trade areas]," Ho said, presenting ABAC’s views to the APEC leaders.
The APEC summit comprising 21 regional economies is currently underway in the Philippine capital of Manila. The forum, established in 1989, promotes free trade throughout the Asia-Pacific region.
