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APEC trade and investment committee meeting kicks off in Philippines

Xinhua, May 15, 2015 Adjust font size:

The Asia-Pacific Economic Cooperation (APEC) Committee on Trade and Investment (CTI) started Friday their two-day meeting in order to take forward APEC Leaders ' instructions for the realization of the Free Trade Area for the Asia-Pacific (FTAAP).

The meeting, being held in Boracay in central Philippine province of Aklan, would also deal on APEC Strategic Blueprint for Promoting Global Value Chains Development and Cooperation.

Officials of APEC economies will also intensify efforts to ensure effective implementation by end of 2015 of tariff reduction commitments made in 2012 on the APEC List of Environmental Goods.

CTI's work will directly support the APEC 2015 priorities of Advancing Regional Economic Integration and Fostering SMEs' Participation in Regional and Global Markets, which are two key issues to be discussed at the Minister's Responsible for Trade Meeting on May 23 to 24. Endi