Common Contracts

1 similar Asia-Pacific Trade Agreement contracts

Asia pacific free trade agreement
Asia-Pacific Trade Agreement • July 20th, 2021

asia pacific trade agreement (apta) (in July 2014) Asia pacific trade agreement (apta) (in July 2014) Asia-Pacific trade agreement (more known as bangkok agreement) is an initiative within the economic and social commission of the nations united for Asia and the Pacific (excap) for commercial expansion through the exchange of tariff concessions between members of the developing countries of the Asia-Asia region. the cina joined the agreement in 2000 and the current accession of apta is constituted by bangladesh, cyna, india, lao pdr, republic of chorea and sri lanka. the Ministerial Council is the highest decision-making body. the Standing Committee is the trading/execution body working under the guidance and direction of the Ministerial Council. the cesap of the united nations acts as secretariat of the agreement. Until the date, three rounds of trade negotiations took place. up to the third round, the india offered tariff preferences on 570 tariff lines at an average margin of prefer

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