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Asia-Pacific Trade Agreement: A future roadmap

image of Asia-Pacific Trade Agreement: A future roadmap

The world has witnessed an unprecedented growth in the number of regional trade agreements (RTAs) and comprehensive economic cooperation agreements (CECAs). What used to be bilateral and intraregional economic engagements now appear to be moving more and more towards mega-trade blocks across continents and oceans. It is in this context that the future of economic and cooperation integration needs to be analysed for the Asia-Pacific region, which has also been re-endorsed by the Ministerial Council of the Asia-Pacific Trade Agreement (APTA). This chapter also analyses how APTA can help benefit this process of integration for the Asia-Pacific economies. The context, rationale, objectives and modalities of outlining a way forward for APTA are analysed in greater detail in this study. In doing so, addressing the constraints on APTA is the prime focus of this study.

Sustainable Development Goals:
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