China's hosting of the APEC summit has given a new push for establishing a free trade zone in the Asia and Pacific region.
Despite differences and competitions between the member states of the bloc, its leaders showed a great desire to serve common economic interests.
They inked two new documents to promote integration and collaboration.
China's President, at a news conference following the summit, hailed a historic the agreement on the eyed free trade zone in the region.
Economists say the zone will, if accomplished, a world sample of economic cooperation.
It is expected to add $2.4 trillion to the world economy, according to the economists.
The summit discussed world challenges including the Ebola crisis where the leaders vowed commitment to combat the deadly epidemic.
The issue of terrorism figured high at the gathering during which US President Barack Obama called for more world efforts to counter international terror.
APEC was established in 1989.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor