Asia-Pacific Trade Agreement: An overviewAsia-Pacific Trade Agreement • September 17th, 2020
Contract Type FiledSeptember 17th, 2020The Asia-Pacific Trade Agreement (APTA) is one of the oldest preferential trade agreements (PTA) in the region (signed in 1975 as the Bangkok Agreement) and is open for membership to all the developing countries in the ESCAP region. The current members are Bangladesh, China, India, the Lao People’s Democratic Republic, the Republic of Korea and Sri Lanka. Mongolia’s accession was finalized in October 2013 and is pending national ratification. The members are officially known as “Participating States of APTA”.