Chinese language - Trade,?security policies outlined at APEC

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WORLD / Asia-Pacific

Trade,?security policies outlined at APEC

(Xinhua)
Updated: 2007-09-06 22:24

SYDNEY -- Trade and foreign ministers and representatives from the 21
Asia-Pacific Economic Cooperation (APEC) member economies wrapped up
their two-day meeting Thursday, announcing plans for greater trade and
economic reform and enhanced human security in the region.

The ministers, under the theme of "Strengthening our community, building
a sustainable future," reviewed developments in the region and challenges
facing the region's future.

Issues of the World Trade Organization (WTO) negotiations, trade and
economic reform, energy security and clean development, human security,
climate change and APEC reform topped their agenda.

A joint statement released after the meeting said the ministers agreed to
continue the support for WTO Doha Round, and recommended that the leaders
adopt a stand-alone statement on the WTO negotiations.

For APEC's economic development, they stressed the need to work actively
to create greater prosperity in the region through a commitment to trade
and economic reform, stepping up the process of realizing the Bogor Goals
of free and open trade and investment within the region.

The statement said the ministers submitted to the APEC economic leaders a
comprehensive report on strengthening regional economic integration,
including on a Free Trade Area of the Asia-Pacific as a long-term
prospect.

The ministers held that high-quality and comprehensive regional trade
agreements (RTA) and free trade agreements (FTA) can advance economic
openness in the region and strengthen regional economic integration.

On the climate change and energy security, they said they are of vital
interest to APEC economies. They agreed to address the challenges of
rapidly growing energy demand while minimizing environmental effects.

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