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The following article was published in our article directory on November 8, 2010.
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Not Allow Free Trade Area Overhead APEC

Article Category: Business

Author Name: Amanda xzh

APEC and the Asia-Pacific free trade zone has made considerable progress, whether such a fresh start without the necessary or redundant, "a 21st century, high standards of comprehensive free trade agreement", and "the early members of the expanded to all Asia-Pacific countries ", so that further exacerbated the already quite prominent within APEC's free trade agreement of many superimposed, so that enterprises face a number of dispute settlement mechanisms and a loss, is questionable.

Will be held in Yokohama, Japan, the APEC informal leadership meeting of the eighteenth and different from the past, not only because the host and the other two members of the Japanese just China, Russia had a heated territorial dispute, but also in the world the largest regional economic cooperation within the Forum might be a sub-regional economic integration organization - "Trans-Pacific Partnership Agreement" (Trans-Pacific Partnership, abbreviated as "TPP"), which may be elevated to some extent APEC. Naoto Kan, Japanese Prime Minister instructed the Cabinet to strengthen participation in "Trans-Pacific Partnership Agreement," the preparation, that Japan could be announced during the APEC summit in Yokohama, adding, "Trans-Pacific Partnership Agreement" negotiations, this trend is more worthy of attention.

The so-called "Trans-Pacific Partnership Agreement", was originally just from New Zealand, Chile, Singapore and Brunei four countries in June 2005 and signed economic and trade agreements in force, the number of members of little share in global trade is not large; because involved in regional economic integration within APEC path of war and U.S. economic development strategy, the original "mini" was suddenly upgrade economic and trade agreements, and attracted a lot of attention.

APEC's Run, emphasizing flexibility, and openness asymptotic, called the regional economic cooperation system and operational mechanism of innovation, which for APEC to create a powerful forward momentum, but with the APEC process in depth, also revealed more An increasing number of defects and deficiencies, how to improve, members of the party is far from consensus. WTO and other binding (or say a mechanical) mode of operation of the regional economic organizations as the "negotiation + law", while the APEC approach is "consultative + independent action", and the corresponding, APEC trade and investment liberalization on the one hand identified technology, facilitation of long-term goals, as early as 1994, the "Bogor Declaration" on the confirmed up to 16 to 26-year timetable for trade and investment liberalization, the developed members requested no later than 2010, the developing members not later in trade and investment liberalization by 2020, the members of the trade and investment liberalization and facilitation process started roughly the same time; the other hand, the members continued to be based on their own way, asymptotically towards the long-term goals, do not force the pace consistent, which avoids protracted negotiations and the members of the domestic economy is too large external shocks, but members in the implementation of trade and investment liberalization and facilitation, lack of supervision and incentives, but also weakened the internal cohesion of APEC, APEC majority of the members then keen to establish multilateral and bilateral free trade area. In the APEC framework of open regionalism, once the internal tariff cuts to APEC than most countries have a low level of tariffs will lead to non-APEC countries and regions to "piggyback" fashion.

From the U.S. perspective, through the baptism of the global financial and economic crisis, Obama has the U.S. government's export promotion strategies to enhance long to an unprecedented new level, and that "five years to double exports," the goal, hoping for economic continued growth momentum and to ensure U.S. dominance and influence. Sovereign debt crisis of the European struggling with deep, Canada and Latin America, the limited capacity of either the market or growth powerless, the Asia-Pacific region is a matter of course to expand exports into the U.S. strategy of first choice. Since APEC to independent, voluntary operating mechanism characterized by the rapid difficult to meet the United States claims, a compelling force to open their dominant market requirements, let alone meet the increased trade in the United States forced a lot of political demands to the idea, draw a small circle within the APEC reinvent the wheel, it becomes a rational choice of the United States. Because of this, in March this year, the United States, Chile, Peru, Vietnam, Singapore, New Zealand, Brunei, Australia, in Melbourne, Australia 8 Guo Jing Mao official opening, "Trans-Pacific Partnership Agreement," the first round of negotiations, Obama said, "Trans-Pacific Partnership Agreement "negotiated trade agreement will provide a new standard - not only conducive to (U.S.) workers, businesses and farmers, and" with our most cherished values are closely linked. "

APEC internal defects due to its implementation of appropriate changes, is imperative; but this change can not completely change the way the basic characteristics of APEC, or the members will not only face a more difficult and delay the negotiations - the implementation process, and will establish over the United States hegemony. In fact, APEC Free Trade Area of the overall transformation of the initiative have been proposed for several years, as early as April 2004 Shanghai Asia-Pacific Economic and Social Council meeting, the Asia-Pacific business community on the proposed Free Trade Area of the Asia-Pacific (FTAAP) concept; Subsequently, the Canadian business community to the idea put on the May 2004 of the APEC Business Advisory Council (ABAC). After a series of research and discussion, held in Hanoi, Vietnam in 2006, the APEC informal leadership meeting of the fourteenth session of the Asia-Pacific free trade zone is classified as long-term goal, that "through a series of pragmatic, incremental steps of the Asia-Pacific free Prospects and Options. " Since the WTO Doha Round negotiations stalled, to stimulate the re-start the Doha Round, the actual launch is regarded as the Asia-Pacific free trade area negotiations, one of the means available. In view of the United States claimed that "Trans-Pacific Partnership Agreement" to "build a 21st century, high standards of comprehensive free trade agreement", and "will be extended to all the early members of the Asia-Pacific countries", in fact, to this full overhead, and proposed to replace APEC Asia-Pacific free trade zone, while the APEC and the Asia-Pacific free trade zone has made considerable progress, whether such a fresh start without the necessary or redundant, so that within APEC to further exacerbate the already quite prominent superposition of the many free trade agreements, so that enterprises face a number of rules of origin, dispute settlement mechanism, rules and loss, which increases transaction costs, is questionable.

About the Author: I'm Jerri Lily from , which offers quality products such as China bus truck wash equipment,, China car care,, and many more.

Keywords: China bus truck wash equipment, China car care,

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