Feb
2012
FTA initiatives of Asia and the Pacific now total 250
Free trade agreements (FTAs) of Asia and the Pacific—both within and outside the region—continue to increase. From just 53 in 2000, there were 250 FTA initiatives as of January 2012. Of these, about half have been concluded with 64 under negotiation and 60 proposed. Almost 75% of these FTAs are bilateral. FTAs draw economies closer together and allow supply chains and production networks to flourish.
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