Canada and APEC Trade Ministers Work on Asia-Pacific Free Trade Pact

  • Page Views 1704
  • Trade ministers from the 21 members of the Asia-Pacific Economic Cooperation (APEC) forum, including Canada, will start laying the groundwork for the Free Trade Area of the Asia- Pacific (FTAAP).
    The move will speed up the economic integration process in the region. Philippine Department of Trade and Industry Secretary Gregory Domingo said the Ministers Responsible for Trade meeting slated on May 23 to 24 in the Philippines will focus on the regional economic integration, among  other main areas.

    Canada-and-APEC

    Domingo, who is also APEC 2015 MRT Chair, said APEC trade ministers will come out with the terms of reference for the study on FTAAP this year.

    “So that’s what is being finalized… Expectation is the study will be started in 2016,” he said during the preMRT press briefing.

    Domingo said they will also discuss efforts in line with the achievement of the Bogor Goals aimed at enhancing the regional economic integration agenda, support for the multilateral trading system and fostering participation  of the micro, small and m e d i u m enterprises (MSMEs) in regional and global markets.

    For her part, Doris Magsaysay Ho, APECBusiness Advisory Council (ABAC) 2015 Chair, said that APEC also wants to ensure that the FTAAP is relevant to the MSMEs. so we want to be sure that

    “There are a lot of the FTAAP actually considers emerging newgeneration them,” she said in another business models arising press briefing.

    Share

    Related Post

    Related Blogpost

    Leave a Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    New Posts Recently publish post More

    • 19 October 2020
      2 days ago No comment

      Government of Canada announces details for opening of 2020 Parents and Grandparents Program

      Ottawa—The Honourable Marco E. L. Mendicino, Minister of Immigration, Refugees and Citizenship, today announced details for the opening of the 2020 Parents and Grandparents (PGP) Program, building further on the government’s commitment to reuniting families. Over a 3-week period, from 12 p.m. EDT on October 13, 2020, to 12 ...

    • 18 October 2020
      2 days ago No comment

      Filipino candidates Mable Elmore, Cyrus Sy, Jaeden Dela Torre run in October 24 B.C. election

      Three Filipino Canadians are running for seats in the B.C. Legislative Assembly in the provincial election on October 24, 2020. They are Mable Elmore, Cyrus Sy, and Jaeden Dela Torre. Elmore is seeking a fourth term as Member of the Legislative Assembly (MLA) for Vancouver-Kensington. Elmore was first elected ...

    • 18 October 2020
      2 days ago No comment

      Advance voting for B.C. election starts October 15

      Voters in British Columbia don’t need to wait for October 24 to cast their ballot in this year’s provincial election. Advance voting starts on October 15, and runs through October 21. Voters can check on the website of Elections B.C. to find out where they can cast an advance ...

    • 08 October 2020
      2 weeks ago No comment

      B.C. NDP leader John Horgan supports creation of Filipino cultural centre in Metro Vancouver

      John Horgan, leader of the B.C. NDP is hoping to form a majority government after the October 24 election. Last September, Horgan dissolved the legislative assembly, triggering an election that ended his NDP minority government. With polls showing Horgan and the B.C. NDP leading, his gamble may pay off. ...

    • 02 October 2020
      3 weeks ago No comment

      IRCC speeding up processing for spousal applications

      Ottawa—The Honourable Marco E. L. Mendicino, Minister of Immigration, Refugees and Citizenship, is announcing action to speed up spousal application processing and help families build their lives together in Canada. Immigration, Refugees and Citizenship Canada (IRCC) has increased the number of decision makers on spousal applications in Canada by ...

    %d bloggers like this: