Asia Pacific Trade Agreement Benefits
“The economic benefits of the agreement may be marginal for Southeast Asia, but there are some interesting trade and customs dynamics that need attention to pay attention to in Northeast Asia,” said Nick Marro of the Economist Intelligence Unit (EIU). Chinese President xi pledges to strengthen trade agreements and imports apta recognizes the specific needs of least developed countries and calls for concrete preferential measures in their favour (Article 3). Participating States may grant special concessions to members of LDCs (Article 7) and undertake to pay particular attention to requests for technical assistance from participating least developed countries. In practice, most members have made specific concessions to least developed countries in successive rounds of trade liberalization (see schedules of concessions for the fourth round here). .