The Southeast Asian island will host the summit of APEC leaders Nov. 14 and Nov. 15. "We will be discussing how to advance APEC’s core mission which is to advance free trade and open markets in the Asia- Pacific ... The idea is to consolidate a network of free trade agreements which have sprung up and to reduce the administrative complexities and overheads of businesses." APEC members, whose economies account for more than half of global gross domestic product, in 1994 signed the “Bogor Declaration” pledging to create free and open trade in the group’s developed economies by 2010 and in its emerging economies by 2020. Full Article at Bloomberg.com