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Write the functions of the important trade organisations in Asia.

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Important trade organisations in Asia are: Association of South East Asian Nations (ASEAN)

  • To expand social and cultural harmony along with economic growth in South East Asia. 
  • To promote regional peace.
  • To promote tax waivers for trade growth in member states.

Asia Pacific Economic Co-operation (APEC)

  • To promote free trade and economic co¬operation in the Asia-Pacific Ocean region. 
  • To promote regional and technical cooperation among members.

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