APEC officials highlight competition chapters in FTAs/EPAsOfficials from member economies of the Asia-Pacific Economic Cooperation (APEC) forum have highlighted the benefits of establishing competition chapters in free trade agreements (FTAs) and Economic Partnership Agreements (EPAs). He also suggested Vietnam learn new things, like through this kind of workshop and collaboration between governments, in order to complete its competition laws.The CTI was established in November 1993. APEC leaders and ministers direct its work and APEC senior officials provide guidance. The scope of the CTI’s work was expanded and further clarified by the Osaka Action Agenda in 1995.It provides a forum for 21 APEC member economies to deliberate trade and policy issues. It works to reduce impediments to business activity in the areas outlined by the Osaka Action Agenda, with the objective of helping APEC economies achieve free and open trade and investment.Trade and investment liberalisation and facilitation are the cornerstones of APEC’s mission and activities, and the CTI is the coordinating body for all of APEC’s work in these areas.VOV

Source: VietNamNet News August 19, 2017 10:30 UTC