Thailand Prime Minister Abhisit Vejjajiva walks with officials as they arrive at Changi Airport in Singapore on November 13, 2009, ahead of The Asia-Pacific Economic Cooperation (APEC) Summit. The global recovery faces serious pitfalls including mass unemployment in rich nations, asset bubbles, and a lurch towards protectionism, the World Bank chief and Asia-Pacific leaders warned. Ministers from the 21-member APEC grouping, meeting in Singapore said this week ahead of the summit, issued calls to resist protectionism for fear that new trade barriers could trigger a return to recession. (Getty Images)

Peru's Trade Minister Martin Perez (L), President Alan Garcia (C) and Thailand's Prime Minister Abhisit Vejjajiva celebrate signing a free trade agreement, on the sidelines of the APEC Summit, in Singapore November 13, 2009. (Reuters)