APEC leaders fail to agree on joint statement World

APEC leaders fail to agree on joint statement

Leaders from 21 Asia-Pacific Economic Cooperation (APEC) economies on November 18 were unable to sign a joint statement at the 26th APEC Economic Leaders’ Meeting in Papua New Guinea in the context of deep divisions between the US and China over trade and investment.
RoK proposes establishing APEC Digital Innovation Fund World

RoK proposes establishing APEC Digital Innovation Fund

President of the Republic of Korea (RoK) Moon Jae-in on November 18 proposed the establishment of the APEC Digital Innovation Fund to boost regional cooperation and build capacity for developing economies in the region.
Malaysia vows to pursue free and fair trade World

Malaysia vows to pursue free and fair trade

Malaysia will continue to fight for free and fair trade in order to protect the interests of developing nations, the Bernama news agency quoted Prime Minister Mahathir Mohamad as saying.
APEC leaders to warn against protectionism World

APEC leaders to warn against protectionism

A draft communiqué on November 12 showed that leaders of the Asia Pacific Economic Cooperation (APEC) member economies, plan to warn against the dangers posed by protectionism, and resolve to work toward realising what would be the world's largest free-trade area at a meeting in Papua New Guinea later this week, according to Kyodo News.