国际英语新闻:APEC leaders conclude first-day meeting, resolved to complete Doha Round negotiations
Focusing on trade issues, the leaders resolved to inject a strong political push to conclude the Doha Round of WTO negotiations by the end of 2010. There was a sense of urgency that as negotiations moved into the end-game, strong political will was critical to break the impasse.
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Chinese President Hu Jintao (11th, L) poses for a group photo with other participants of the 17th APEC Economic Leaders Meeting in Singapore, Nov. 14, 2009 |
There was also a good discussion on APEC's long-term vision of a Free Trade Area of the Asia-Pacific (FTAAP). There was consensus among the leaders that APEC economies should step up their efforts to realize this vision, by laying the necessary building blocks and exploring possible pathways.
In this regard, several leaders highlighted the Trans-Pacific Strategic Economic Partnership Agreement (TPP) as a possible pathway. They welcomed U.S. President Barack Obama's announcement Saturday that the U.S. will engage in the TPP and work towards a broad-based and high-quality agreement.
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Japanese Prime Minister Yukio Hatoyama, Australian Prime Minister Kevin Rudd, Brunei's Sultan Hassanal Bolkiah, Canadian Prime Minister Stephen Harper, Chilean President Michelle Bachelet (from L to R) attend the 17th APEC Economic Leaders Meeting at the Istana, Singaporean President's residence, Nov. 14, 2009 |
The theme of free trade resonated strongly among APEC leaders. They agreed that apart from traditional trade and investment liberalization issues, the APEC also needed to focus on new areas like regulatory reform and connectivity and take a more practical approach to connect the markets.
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Thai Prime Minister Abhisit Vejjajiva (L), U.S. Secretary of State Hillary Clinton (C) and Vietnam's President Nguyen Minh Triet (R) attend the 17th APEC Economic Leaders Meeting at the Istana, Singaporean President's residence, Nov. 14, 2009 |
They noted that the recent initiative to cut the costs of doing business in the APEC region by 25 percent by 2015 was a timely and important one.
Leaders will continue their retreat session Sunday, after which a declaration is expected to be issued. The APEC 2009 theme is "Sustaining Growth, Connecting the Region."
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Australian Prime Minister Kevin Rudd (L) and Brunei's Sultan Hassanal Bolkiah (R) attend the 17th APEC Economic Leaders Meeting at the Istana, Singaporean President's residence, Nov. 14, 2009 |
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