• Kyodo

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Trade ministers from 21 Asia-Pacific economies agreed Sunday on details of a study to identify challenges and ways toward the creation of a region-wide free trade zone, as they wrapped up a two-day meeting in the Philippines.

The ministers of the Asia-Pacific Economic Cooperation forum “welcome the progress on the Collective Strategic Study” on crystallizing the idea of the Free Trade Area of the Asia Pacific, they said in a statement released after the meeting on the resort island of Boracay.

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