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APEC marks 20th birthday but no free trade yet
SINGAPORE (AP) — It's been called A Place to Enjoy Coffee, and the less charitable Aging Politicians Enjoying Cocktails.
Derisive definitions of APEC, or Asia-Pacific Economic Cooperation forum, spring from its reputation as simply a chance for 21 leaders, including the U.S. president, to meet every year and make lofty but nonbinding promises to boost trade and investment within the region.
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