Asia Pacific Trade Agreement Pdf

Asia Pacific Trade Agreement Pdf

In practice, most members have made specific concessions to least developed countries in successive rounds of trade liberalization (see schedules of concessions for the fourth round here). The Asia-Pacific Trade Agreement (APTA) is a preferential trade agreement that was formerly known as the Bangkok Agreement. The Bangkok Agreement, signed in 1975 as an initiative of the United Nations Economic and Social Commission for Asia and the Pacific (UNSAP), is a preferential trade agreement between developing countries. China, Bangladesh, India, Laos, the Republic of Korea and Sri Lanka are among the signatories to the agreement. At the first meeting of the Council of Ministers of the Bangkok Agreement, held in Beijing on 2 November 2005, representatives of the Member States approved the revised text of the Agreement and decided to rename the Agreement as the Asia-Pacific Agreement. Since 1 September 27, 2006, all APTA members have successfully implemented the outcome of the third round of negotiations on tariff reductions. . . .