leaders recommit: Leaders recommit to free trade, sustainable economic growth and shared prosperity in the region, refraining from competitive devaluation of currencies and resisting protectionism, according to Nine News Australia. Globalisation being called into question contributing to protectionist trends which could pose a risk to common APEC objectives and aspirations. Climate change poses a risk. No deadline on the start of negotiations for an Asia Pacific free trade area but work to continue on its eventual realisation. Set of targets and goals APEC Services Competitiveness Roadmap to be put in place by 2025 to boost trade in services across the region. Aim to finalise the World Trade Organisation environmental goods agreement by the end of 2016.
(news.financializer.com). As
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Tagged under leaders recommit, protectionism globalisation topics.