Brunei all set to join Asia-Pacific free trade agreement

Image from Borneo Bulletin/ANN

BANDAR SERI BEGAWAN, Dec 18 (Borneo Bulletin/ANN): Brunei is set to join the new Asia-Pacific free trade agreement, which will come into force on January 1, 2022.

The pact will create the world’s largest trading bloc by economic size, and is set to become a new “centre of gravity” for global trade, according to a United Nations Conference on Trade and Development (UNCTAD) study published on December 15.