<h1>Asia Pacific Trade Agreement Expands: 10,677 Tariff Lines Covered, Enhanced Concessions for Least Developed Countries.</h1> The fourth round of negotiations under the Asia Pacific Trade Agreement (APTA) involving Bangladesh, China, India, Lao PDR, Republic of Korea, and Sri Lanka has been implemented as of July 1, 2018. APTA, established in 1975, aims to expand trade through tariff concessions among its developing member countries. The recent negotiations increased the coverage to 10,677 tariff lines and deepened the average Margin of Preference to 31.52%. Least Developed Country members receive greater concessions on 1,249 items with an average Margin of Preference of 81%. India exchanged concessions on 3,142 tariff lines, offering special terms to Bangladesh and Lao PDR.