Building International Institutions in Asia-Pacific

Vinod K. Aggarwal

Asian Survey, 1993

In the view of the ongoing difficulties in concluding the Uruguay Round of trade negotiations in the General Agreement on Tariff and Trade (GATT), both policymakers and scholars have increasingly turned their attention to institutional arrangements in the Asia-Pacific. Groups such as ASEAN, Pacific Economic Cooperation Council (PECC), Asia Pacific Economic Cooperation (APEC), and other such institutions have become a focus of considerable economic and political diplomacy, President Clinton’s support for a meeting of heads of states at the November 1993 Seattle APEC conference points to a possibly significant shift in the American locus of activity in trade and financial issues.

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