The leaders of the 21member apec forum have issued a joint declaration. It commits the apec nations and regions to study the feasibility of the new Regional Economic integration. It would be called the free trade area of the asia pacific. The statement says the results of their research will be compiled by the end of 2016 with the goal of setting up the new framework at the earliest possible date. Translator the apec leaders have agreed to promote a road map to create the free trade area in the asia pacific. This is a historic step forward. President xi says he hopes to create the proposed free trade framework as soon as possible. He stressed this meeting produced major results. The chinese president also announced that his country would provide 10 million to help strengthen the role of apec. This is being seen as an apparent attempt to increase chinas influence in the region. This is the first time china has hosted the apec forum in 13 years. Leading up to it, president xi worked hard
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