The future creation of a region-wide economic agreement in Asia has become the hot issue among trade policymakers in the region. The APEC 2010 Summit Statement clearly states that the members should pursue a Free Trade Area of the Asia-Pacific (FTAAP), building on various ongoing regional...

Twelve Pacific-rim nations accounting for 40% of the global economy, including most significant APEC economies other than China, have reached agreement on a historic free-trade agreement, and others are queuing up to join. The Trans-Pacific Partnership Agreement (TPP) was signed in Atlanta,...