Integration initiatives: Point of contact
... Philippines concluded – one of the key points of APEC’s annual programme. Trade ministers traditionally meet in the middle of the year to discuss ways to stimulate, facilitate and liberalise trade and investment in the Asia-Pacific region. For Russia, APEC is in fact the only platform in which the country participates in integration processes within the Asia-Pacific region through forming the Free Trade Area of the Asia-Pacific (FTAAP). The aims of the FTAAP were outlined back in 2006, and yet the process only gained real momentum in 2014, when China took over APEC chairmanship. China and the United States, two key regional economies, initiated and led a “strategic study” ...