Apec trade chiefs agree on more inclusive trade, but no joint statement

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Apec host, US Trade Representative Katherine Tai, issued a chair’s statement summarising the discussions. Read more at straitstimes.com.

but failed to produce a joint statement due to Russia and China’s objections to language on Ukraine.

“We reaffirm our determination to deliver a free, open, fair, non-discriminatory, transparent, inclusive and predictable trade and investment environment,” the statement read. “We will continue to work to ensure a level playing field to foster a favorable trade and investment environment and reaffirm our commitment to keep markets open and to address supply chain disruptions,” it said.“most members” strongly condemned the war in UkraineBut at the meeting in Detroit, China and Russia objected to including the language, leaving it to Ms Tai’s chair’s statement, which noted there were differing views and that “Apec is not the forum to resolve security issues.

 

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