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ADB Identifies 221 FTAs in Asia and the Pacific
The spread of regional and bilateral free trade agreements (FTAs) in the Asia and Pacific region continues to gain momentum. From 54 FTAs in 2000, the Asian Development Bank (ADB) has identified 221 bilateral and plurilateral FTAs as of January 2010. Of these, 88 are in effect, 24 are signed, 60 are under negotiation, and 49 are in the proposal stage. ADB’s FTA database classifies FTAs by geographic area, scope, and status of notification to the World Trade Organization (WTO). East Asian and Southeast Asian countries continue to lead the region in FTA formation. Follow FTA Trends at the ARIC website. Click here for more resources on FTAs.
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