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APEC blueprint designed to lower barriers to trade

By Pu Zhendong | China Daily | Updated: 2014-08-22 07:15

Member economies of the Asia-Pacific Economic Cooperation are working on a blueprint that seeks to boost regional interconnectivity and other trade facilitation measures, a top Chinese official who participated in the meetings said on Thursday.

"The blueprint aims at improving infrastructure such as roads, railways and telecommunication to strengthen connections of member economies on a 'physical' level," said Tan Jian, China's Senior Official for APEC

"The organization will work to adjust regulations to reduce barriers at an institutional level. Among the measures we discussed was the feasibility of a Single Window Customs clearance system among the member nations," Tan said .

APEC blueprint designed to lower barriers to trade

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