Asia Pacific region may open trade borders for US

Note: This section contains information in English only.
Source: BBC
© Scanpix/New York Times

In view of the global economic problems participants of the APEC summit agreed that further liberalization of trade is of critical importance for sustainable growth in future. At summit US president discussed US enlargement plans in Asia-Pacific region and his free-trade agreement, called Trans Pacific Partnership. Other North American countries as Canada and Mexico also are interested in joining Asian-Pacific free-trade zone.

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Mon, 14 Nov 2011 09:58:46 GMT

APEC striving for unified regional economy

On Sunday the officials of Asia-Pacific Economic Cooperation (APEC) summit presented a Honolulu Declaration according to which they are pledged to create a unified regional economy. Declaration emphasized that global challenges have strengthened APEC members' willingness to cooperate. According to APEC leaders, trade liberalization will play a key role in global recovery.

Mon, 14 Nov 2011 10:12:53 GMT

US job loses claims are falling

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