US Expects APEC Leaders to Agree on New Free-Trade Area

Manila Bulletin, November 15, 2006 | Go to article overview

US Expects APEC Leaders to Agree on New Free-Trade Area


Byline: P. PARAMESWARAN

WASHINGTON, Nov. 13 (AFP) -- US President George W. Bush and other APEC leaders are expected to call for a landmark study on forging an Asia-Pacific-wide free trade agreement, a senior US official said Monday.

They could establish working groups to look into the benefits of the freetrade area among the 21 economies of the Asia-Pacific Economic Cooperation (APEC) forum, including the United States, Japan, Russia, China and most Southeast Asian economies, the official said ahead of a Hanoi summit this week.

The proposed free-trade area among APEC economies, which account for nearly half of world trade and generate 70 percent of global economic growth, comes amid a deadlock in talks to forge a new global trade accord.

"The idea is to really evaluate whether an APEC-wide free-trade agreement would be a benefit to the members of APEC," the US official said, on condition of anonymity. It would "lay out the game plan for determining how one might come together," he added.

The leaders are expected to focus on "what source of analysis and what source of working groups might be established over the next year to really understand what would need to be accomplished to make a free-trade agreement of the Asia-Pacific a reality and what the benefits would be to APEC members," he said.

Business groups in the region have lobbied for several years for a regional free-trade plan linking both sides of the Pacific. But APEC leaders have sidestepped the controversial idea, including even a feasibility study.

The United States is believed to be spearheading the initiative among member economies to look into the viability of the plan, which could face opposition from China forging its own set of intra-regional free trade plans.

US Trade Representative Susan Schwab said the United States hoped the Asia-Pacific free-trade plan would eventually become a reality.

"We aren't talking about suddenly launching a negotiation for a free-trade area of the Asia-Pacific region. I think over time we would hope to see that evolve and it's a good topic" for discussions within APEC, she said.

Now that Washington wants to explore this issue further, "I think there is real weight behind it," an APEC official told AFP on condition of anonymity. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

US Expects APEC Leaders to Agree on New Free-Trade Area
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.