Failed WTO Talks on Agenda as APEC Forum Begins

Published: 21 October 2003 y., Tuesday
Leaders of APEC, the Asia-Pacific Economic Cooperation forum have begun two-days of meetings today in Thailand with efforts to revive the stalled World Trade Organization talks. But terrorism and security issues are drawing a great deal of attention - to the dismay of some delegates. Leaders of the 21-member APEC forum are studying a draft final communiqué identifying terrorism as a severe threat to stable economic growth. In the document, they pledge to take all essential actions to dismantle transnational terrorist groups - including greater sharing of intelligence, securing ports and blocking terror financing. However, some leaders have expressed concern that the focus on terror is drawing attention away from trade issues - particularly how to revive World Trade Organization talks which derailed last month in Mexico. At issue was the divide between rich and poor nations - particularly over protection for agricultural products. Malaysia's Prime Minister Mahathir Mohamad says developing nations need some protection to compete with large, multinational corporations that dominate the global economy. New Zealand's Prime Minister Helen Clark suggests the way to overcome the issue of free versus fair trade is to focus on points of agreement rather than points of dispute. APEC has no formal relationship with the WTO - charged with setting global trade rules. But APEC groups some of the biggest WTO members and accounts for more than half of the global economy.
Šaltinis: voanews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Lithuania's Foriegn Minister held meeting with heads of diplomacy of Afghanistan, Indonesia, Israel and Ukraine

On 27 September in New York, Lithuania’s Minister of Foreign Affairs Audronius Ažubalis held meetings with foreign ministers of Afghanistan, Indonesia, Israel and Ukraine to discuss economic cooperation, bilateral and international issues. more »

Crisis management – Lithuania’s priority in the OSCE

President of the Republic of Lithuania Dalia Grybauskaitė attending the UN General Assembly in New York met with the interim President of the Kyrgyz Republic, Roza Otunbayeva. more »

Women world leaders must promote women’s participation by their personal example

President of the Republic of Lithuania Dalia Grybauskaitė made an address in the panel discussion “Women as a Critical Force in Democratic Governance” hosted by the Community of Democracies under the Lithuanian Presidency and the Council of Women World Leaders. more »

All countries must share responsibility for the future of the world

Speaking at the general debate of the 65th session of the United Nations General Assembly in New York, President of the Republic of Lithuania Dalia Grybauskaitė underlined that in a global world, all our countries, large and small, must share responsibility for the future. more »

The President to draw UN’s attention to environmental, security and gender equality issues

President of the Republic of Lithuania Dalia Grybauskaitė took off for New York to attend the 65th session of the General Assembly of the United Nations. more »

The President: Lithuania is a real not formal NATO member

President of the Republic of Lithuania Dalia Grybauskaitė watched the multinational special operational forces exercise “Jackal Stone 2010” in Klaipėda. more »

The President received letters of credence from the Ambassador of Latvia

President of the Republic of Lithuania Dalia Grybauskaitė accepted letters of credence from the Ambassador of Latvia, Martinš Virsis. more »

Lithuania and Germany united by effective partnership within the EU and by common interests in the region

President of the Republic of Lithuania Dalia Grybauskaitė met with the Federal Chancellor of Germany, Angela Merkel. more »

Successful development of the Baltic Sea region is a common interest of Lithuania and Germany

Federal Chancellor of Germany Angela Merkel comes to Lithuania on September 6 at the invitation of President Dalia Grybauskaitė. more »

Lithuania supports Georgia’s euro-integration and is ready to share experience

President of the Republic of Lithuania Dalia Grybauskaitė met with Georgian Prime Minister Nikoloz Gilauri, who is visiting Lithuania. more »