By Neil Chatterjee
SINGAPORE, Oct 20 (Reuters) – Leaders of Asia-Pacific nations will focus on protectionism, trade imbalances and the ease of doing business when they meet in Singapore next month, the director of the APEC grouping said on Tuesday.
These are issues that have emerged as threats to a global economic recovery for the Asia Pacific Economic Cooperation (APEC) group of countries, which include the United States, China, Japan and Russia.
“For the coming summit we are not past the crisis,” APEC’s executive director, Michael Tay, told the Singapore Foreign Correspondents Association. “They’ll be looking at whether subsidies constitute protectionist measures … the market is now more imperfect.”
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Source: Neil Chatterjee, “APEC to focus on protectionism, trade imbalances,” Reuters, October 20, 2009, http://www.reuters.com/article/latestCrisis/idUSSP525547.
SINGAPORE, Oct 20 (Reuters) – Leaders of Asia-Pacific nations will focus on protectionism, trade imbalances and the ease of doing business when they meet in Singapore next month, the director of the APEC grouping said on Tuesday.
These are issues that have emerged as threats to a global economic recovery for the Asia Pacific Economic Cooperation (APEC) group of countries, which include the United States, China, Japan and Russia.
“For the coming summit we are not past the crisis,” APEC’s executive director, Michael Tay, told the Singapore Foreign Correspondents Association. “They’ll be looking at whether subsidies constitute protectionist measures … the market is now more imperfect.”
