Trade policy options for the Asia-Pacific region in the 1990's: the potential of open regionalism

Decision makers in the Asia-Pacific region at the Uruguay Round must adopt trade policies that will promote a more open international trading system. The Asia-Pacific Economic Cooperation process offers this opportunity. The factors that can stall regional trade liberalization include market-access barriers, uncertainty, problems with infrastructure and variations in domestic policies. Bilateral and subregional negotiations can help to promote open international trade.