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Thursday, April 25, 2024

‘World’s biggest free trade area’ to be meeting’s focus

Commerce Minister Jurin Laksanawisit will chair four days of Asia-Pacific Economic Cooperation (Apec) meetings that have as part of their agenda the ambitious goal of creating the world’s biggest free trade area.

Mr Jurin said on Wednesday he inspected preparations for the Apec Ministers Responsible for Trade Meeting 2022 being held in Bangkok fromThursday until Sunday.

The trade meeting will be attended by members of 21 economic areas. The session forms an integral part of the Apec summit to be held in November.

Mr Jurin said the meeting agenda will focus on a plan to transition Apec into the so-called Free Trade Area of the Asia-Pacific (FTAAP) by 2040.

If successful, the FTAAP would emerge as the world’s biggest free trade area.

As chair of the trade meeting, Thailand will…

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