“..Once upon a time, the APEC gathering of nations threatened to become a significant free trade bloc in its own right.
Remember the Bogor Goals of 1994?
But these days, not so much – apart from a bit of fiddling around with eco-friendly tariff levels.
APEC has since declined in importance as this insightful piece in the Toronto Globe and Mail noted to where it is widely perceived as little more than a “talking shop” -
- where (off the main agenda) the two competing trade pacts jostling for leadership in the Asia Pacific region are being promoted…”
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