APEC leaders will continue the formation of a free trade zone in the area

Participants in the 2016 summit conference of the Asia Pacific Economic Cooperation forum have reaffirmed their intention to continue the formation of a free trade zone in the area. APEC economies will stay committed to the accords made in the format of the World Trade Organization. Leaders of APEC economies will refrain from devaluations of their national currencies and manipulations with exchange rates. They also reaffirmed the important role of mutually-reinforcing policies to buttress our efforts to achieve strong, sustainable, balanced and inclusive growth.