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WTO Director-General: Asia-Pacific free trade zone will facilitate the construction of the world trade system
Source:China News Network | Author:wxyanyang | Published time: 2014-11-12 | 1182 Views | Share:

  China news agency, Beijing, November 9 (Reporter Wei Xi) - "When I first joined WTO, they encountered such a problem: the various regional agreements, multilateral agreements, bilateral agreements on the construction of the multilateral trading system in the end what it means whether it is relevant? "WTO Director-General Roberto Azevedo attended the 2014 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Beijing on the 9th, the presence of the audience raised the issue.

  November 9, Roberto Azevedo participated in the APEC CEO Summit 2014, "recalled the 25th anniversary of the establishment of APEC, FTAAP prospect achieve path: Asia-Pacific economic integration with the global multilateral trading system," discusses this link .

  "From the beginning of the 1940s, there have been many bilateral and multilateral agreements." Roberto Azevedo said, WTO study found, and now the world, a total of 255 regional, multilateral or bilateral agreements, which encompasses more than 50% of the members of APEC APEC region or area.

  "Including the Asia-Pacific free trade zone (FTAAP), including regional trade agreements and the WTO does not exclude, but a good complementary relationship." Roberto Azevedo said that some issues must be resolved through multilateral trading system, such as financial services, basic telecommunications services and other aspects of the agreement; some can not solve the problem through multilateral mechanisms, such as tariff reductions, etc., it is necessary to achieve through bilateral agreements. "

  He said at a news conference on November 8th World Trade Organization (WTO) held stressed that the development of regional cooperation in APEC outcome of the work of WTO will bring a lot of experience. Meanwhile, the WTO supports all conducive to trade liberalization contribute to the multilateral trading system development practices. He said that to promote the Asia-Pacific free trade zone will become an important supplement to the multilateral trading system, and the existing trade regime hand in hand. But in the multilateral trading system, many developing countries still have a long way to go.