The Asia-Pacific Economic Cooperation (APEC) Forum's Week started at Lima in Peru today bringing together leaders of world's largest economies, businessmen and investors. A creation of Free Trade Area of the Asia-Pacific, which would include all APEC states, is one of the main topics on the agenda of the 2016 APEC Summit that is widely seen as the premier business event drawing together business and economic leaders of 21 Pacific Rim countries.The creation of a free trade zone that would include all APEC members is viewed as an alternative to the TPP, which excludes China and Russia, was framed by US President Barack Obama in an effort to guarantee US economic leadership in the region before Beijing does.