Thursday, April 25, 2019 - 15:11:42

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.