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

Japan raises nuclear crisis level

Japan nuclear crisis now at highest rating, matching Chernobyl, causing greater unease among public more »

A rare look at the faces of Santa Croce

The restoration of the Santa Croce Basilica in Florence is offering art lovers an intimate view of the chapel's 600-year-old frescoes. more »

The President goes on her first state visit to Norway

Tomorrow, April 5, President of the Republic of Lithuania Dalia Grybauskaitė goes to Norway for a two-day state visit. more »

Lithuanian-Indian relations to get stronger

President of the Republic of Lithuania Dalia Grybauskaitė met with India's Minister of State for External Affairs, Preneet Kaur, who is visiting Lithuania. more »

The President: Munich Conference – the birthplace of new ideas and solutions

The President of the Republic of Lithuania Dalia Grybauskaitė takes part in the Munich Security Conference. more »

Dalia Grybauskaitė extended condolences to Russian President over the deadly explosion in Moscow

President Dalia Grybauskaitė extended condolences to the people of Russia over the bomb explosion in Moscow that claimed many victims. more »

Foreign and domestic policies discussed with resident foreign ambassadors

President of the Republic of Lithuania Dalia Grybauskaitė had a traditional annual meeting with foreign ambassadors accredited to and resident in Lithuania, to discuss the domestic political situation and foreign policy of Lithuania. more »

Bilateral relations and cooperation within NATO discussed with U.S. Senator

President of the Republic of Lithuania Dalia Grybauskaitė met with U.S. Senator Richard Durbin. more »

The President honoured memory of freedom defenders in the Antakalnis Cemetery

President of the Republic of Lithuania Dalia Grybauskaitė visited the Antakalnis Cemetery to honour the memory of those killed on January 13. more »

Situation in Belarus – one of the main issues for Lithuanian Chairmanship of OSCE

President of the Republic of Lithuania Dalia Grybauskaitė and Minister of Foreign Affairs Audronius Ažubalis, the new OSCE Chairperson–in–Office as from 1 January, discussed priorities and main concerns for the Lithuanian Chairmanship of this Organization. more »