MEETING OF ASIA PACIFIC TRADE AGREEMENT TO BE HELD
The 36th meeting of the Asia-Pacific Trade Agreement (APTA) will be held June 21-22 in the Ministry of Foreign Affairs of Mongolia.
The APTA was signed in 1975 by developing countries of Asia Pacific region. The key purposes of the Agreement are to develop commerce among developing countries of the Economic and Social Commission for Asia and the Pacific (UNESCAP), to promote their economic development, to liberate the trade and to develop a mutually beneficial cooperation. Members of the APTA are Bangladesh, China, India, Laos, the Republic of Korea and Sri Lanka.
The supreme body of the APTA is the Ministerial Council of member states. The Council determines agendas in frames of the agreement, controls over the implementation and conducts the function. It meets every two years and makes decisions. It is considered that the meeting will contribute to Mongolia's actively participating in the regional and multilateral trade and economic integration and to increasing its commercial capacity.
Following the APTA meeting, a national seminar themed "Commercial policy based on evidence and methods of negotiations" will be held June 23-25 under auspices of the Prime Minister of Mongolia. The seminar is co-organized by the Ministry of Foreign Affairs and the UNESCAP.
The APTA was signed in 1975 by developing countries of Asia Pacific region. The key purposes of the Agreement are to develop commerce among developing countries of the Economic and Social Commission for Asia and the Pacific (UNESCAP), to promote their economic development, to liberate the trade and to develop a mutually beneficial cooperation. Members of the APTA are Bangladesh, China, India, Laos, the Republic of Korea and Sri Lanka.
The supreme body of the APTA is the Ministerial Council of member states. The Council determines agendas in frames of the agreement, controls over the implementation and conducts the function. It meets every two years and makes decisions. It is considered that the meeting will contribute to Mongolia's actively participating in the regional and multilateral trade and economic integration and to increasing its commercial capacity.
Following the APTA meeting, a national seminar themed "Commercial policy based on evidence and methods of negotiations" will be held June 23-25 under auspices of the Prime Minister of Mongolia. The seminar is co-organized by the Ministry of Foreign Affairs and the UNESCAP.
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