CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has applied to Join the Asia-Pacific Free trade group of 11-nation to extend its influence over international policies?
A
China
B
USA
C
UAE
D
Iran
Explanation: 

Detailed explanation-1: -In September 2021, China applied for membership of the CPTPP.

Detailed explanation-2: -China acceded to the Agreement in 2000 and the current membership of APTA consists of Bangladesh, China, India, Lao PDR, Republic of Korea and Sri Lanka. The Ministerial Council is the highest decision making body of APTA.

Detailed explanation-3: -The Asia-Pacific Trade Agreement (APTA), previously named the Bangkok Agreement, signed in 1975 as an initiative of ESCAP, is a preferential tariff arrangement that aims at promoting intra-regional trade through exchange of mutually agreed concessions by member countries.

There is 1 question to complete.