The economies of APEC are working in a way to motivate the regional trade. Since 2012, the growth of regional trade has been lower than that of gross domestic product. Therefore, the economies of APEC are intensifying their effort to reduce the tariff, the barrier in the service sector and the bottle necks in the facilitation of the trade.
Chile Celebrates 22nd Anniversary of FTA with South Korea; Projects 2026 as Year of Consolidation
Having surpassed two decades since the signing of the agreement, bilateral trade concluded 2025 with a total exchange of USD 6.801 billion.



