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Moscow

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The creation of the Asia-Pacific Free Trade Area requires putting a huge number of countries at the negotiating table - PWC

Tax advisor to PricewaterhouseCoopers consulting and auditing company Tom Seymour told Xinhua that the main problem in creating an Asia-Pacific free trade zone is that it is necessary to bring a large number of countries and a combination of political factors to the negotiating table.

Although this task does not contradict the existing bilateral agreements on free trade in the region and can contribute to the development of trade and investment on a global scale.

The idea of ​​creating the Asia-Pacific FTZ has been discussed since the year 2006, but until now there have been significant difficulties on its way. Numerous current agreements on free trade can become the foundation for a larger Asia-Pacific free trade zone, Seymour is sure.

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