Asia-Pacific Trade Agreement

The Asia-Pacific Trade Agreement (APTA) is a regional trade agreement aimed at enhancing economic cooperation and trade among member countries in Asia and the Pacific. It facilitates reduced tariffs and improved trade conditions to promote economic integration among its members. Established to support development and increase trade opportunities, APTA includes countries such as India, China, and several Southeast Asian nations. By lowering trade barriers, it encourages members to exchange goods and services more freely, ultimately aiming to boost economic growth and improve the standard of living in the region.