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 Foreign Minister met with members of Moldova's parliament

Lithuania’s Minister of Foreign Affairs Audronius Ažubalis met with the parliamentary delegation from Moldova, that is paying a visit to Lithuania at the invitation of Lithuania’s Ministry of Foreign Affairs, the U.S. International Republican Institute and the Parliamentary Forum of the Community of Democracies, which is currently chaired by Lithuania. more »

The President: To preserve nature, we first have to change ourselves

President Dalia Grybauskaitė met with Dr. Birutė Galdikas, a well-known Lithuanian Canadian primatologist, conservationist, ethologist, and author of several books relating to the endangered orangutan. more »

President received credentials from Algerian Ambassador

President of the Republic of Lithuania Dalia Grybauskaitė received letters of credence from the Ambassador of the People's Democratic Republic of Algeria, Abdelkader Khemri. more »

Community of Democracies’ Working Group on gender equality was established in Vilnius

On 11-12 April in Vilnius, Lithuania’s Presidency of the Community of Democracies held a convening meeting of the Working Group on Gender Equality. more »

EUR 1 billion & 5300 New Jobs in 2009

Figures recently published in the FDImarkets.com investment monitor database show that 28 foreign companies invested over EUR 1 billion and created 5300 new jobs in Lithuania in 2009. more »

Lithuania’s interests must be secured in NATO’s new strategic concept

The Ministry of National Defence must seek that NATO's new strategic concept takes account of Lithuania's interests, President of the Republic of Lithuania Dalia Grybauskaitė underlined during her visit to the Ministry of National Defence. more »

Discussion on European and Lithuanian values

On March 19th the Parliament of the Republic of Lithuania (Seimas) hosts the discussion European and Lithuanian Values: Identical or Different? more »

Commemoration of March 11 to be joined in by foreign visitors

This March 11, Lithuania will commemorate the 20th Anniversary of Restoration of Independence. more »

National Police Training arranged by the EU Police Mission took place in Chaghcharan

March 4, finishing ceremony of training for leading officers of Afghan National Police was held in Chaghcharan, capital of Ghowr. more »

Lithuania’s Foreign Vice-Minister participated in Bilateral Consultations in Riga

On 9 March in Riga, Lithuania’s Vice-Minister of Foreign Affairs Evaldas Ignatavičius took part in bilateral consultations between foreign ministries of Lithuania and Latvia. more »