International Relations: APEC talkfest opens in Peru

The 16th APEC economic leaders' meeting has opened in Lima, the Peruvian capital, to discuss such issues as the global financial crisis, the Doha Round trade talks and food security.

The two-day summit, attended by 19 leaders from member economies of the Asia-Pacific Economic Cooperation (APEC) forum, will also discuss the APEC regional economic integration, corporate social responsibility, human security, APEC institutional reform, trade and investment, structural reform, anti-corruption and transparency, economic and technical cooperation, and climate change.

The leaders, including U.S. President George W. Bush, Russian President Dmitry Medvedev and Chinese President Hu Jintao, would examine a report prepared by APEC foreign and trade ministers earlier this week that contains recommendations on the major APEC topics.

They would also have a dialogue with APEC Advisory Business Council members later in the day.

The summit meeting was expected to issue a special statement on the global financial crisis Saturday, and adopt the Lima Declaration on Sunday.

Source: Xinhua

Published by Mike Hitchen, mikehitchenconsulting.com
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