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Reuters: Asia-Pacific Ministers Extend Freeze On Trade Barriers

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Tags: APEC, Asia-Pacific, Free trade area

Asia-Pacific ministers on Thursday agreed to extend a freeze on trade barriers and pledged to work toward creating a vast free trade area in the world's fastest growing region.

But a Group of 20 (G20) summit of major economies in neighboring South Korea -- beset by deep divisions over currencies, monetary policy and global trade imbalances -- is towering over the meeting of the 21-member Asia-Pacific Economic Cooperation (APEC) forum in Yokohama, south of Tokyo.

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