Thursday, February 21, 2019 - 4:13:21

APEC Economic Leaders’ Meeting

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.

APEC adopts guidelines on infrastructure investment

World

APEC adopts guidelines on infrastructure investment

The Asia-Pacific Economic Cooperation (APEC) forum on November 15 adopted new guidelines on the quality of infrastructure development and investment, with all 21 economies agreeing to take into consideration recipients’ ability to pay back loans for such funding.

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.

Korean President leaves for ASEAN summits in Singapore

World

Korean President leaves for ASEAN summits in Singapore

Korean President Moon Jae-in was to leave for Singapore on November 13 for annual summits with ASEAN nations and their dialogue partners as he strives to bolster relations with the region and drum up international support for his initiative for peace with the Democratic People’s Republic of Korea (DPRK).