Article: APEC MINISTERS CALL FOR 'SOUND' FTAS TO ACHIEVE BOGOR GOALS.

BUSAN, Nov 16 Asia Pulse - Asia-Pacific Rim ministers on Wednesday endorsed a joint statement that renewed their commitment to establishing a free trade area in the region by 2020.

The joint statement came at the end of a two-day meeting of Asia-Pacific Economic Cooperation (APEC) ministers in this southern port city of South Korea.

It also called for the establishment by 2008 of a database of best models for bilateral and multilateral trade arrangements.

"Ministers agreed that APEC would develop by 2008 comprehensive model measures on as many commonly accepted regional trade agreement (RTA) and free trade agreement (FTA) chapters as possible by ...

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