Thursday, July 5, 2007

APEC Ministers Call for Saving Doha Round, Exploring Regional Free Trade

(Bloomberg) -- As the Doha round of global trade talks
flounder, Asia-Pacific commerce ministers said they will do their
best to make them succeed -- while at the same time exploring plans
for their own free-trade area.

The 21-member Asia-Pacific Economic Cooperation group, which
accounts for half the world's trade, urged its 21 members to exert
``political will'' to push the troubled Doha negotiations in Geneva.
The group also said ``the time is right'' to pursue regional
economic integration and a possible free-trade zone in the Asia-
Pacific.


Read more at Bloomberg Emerging Markets News

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