CCTV.com - CNTV English - CCTV News

APEC: Existing pacts will lead to giant FTA

11-11-2010 09:42 BJT Special Report:President Hu Attends APEC Summit in Yokohama |

Asia-Pacific ministers have agreed to build on existing pacts in the dynamic region, to establish a giant free trade zone in coming years. They also pledged to avoid taking any new protectionist measures over the next five years, and urged a conclusion of the Doha round of trade liberalization talks in 2011.

43 bilateral and mini-free trade pacts have been signed in the region. Businesses have long urged a single pact for the Pacific rim, to simplify and harmonize the standards and rules.

APEC members account for more than 40 percent of global trade, and more than half of the world's economic output. They've been developing a new growth strategy to achieve balanced, inclusive, sustainable, innovative and secure economic growth.

Editor:Xiong Qu |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program