FOX News : Health

23 November, 2020

Asia-Pacific Nations, Including China, US, Commit to Free and Open Trade

 RFA, Nov. 20, 2020

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After a fractious summit in 2018 amid a U.S.-China trade war, Asia-Pacific leaders came together Friday to say that a free, open and non-discriminatory trade environment was key to reviving a global economy battered by the coronavirus pandemic.

United States President Donald Trump and Chinese President Xi Jinping were among the 21 leaders who attended this year’s virtual Asia-Pacific Economic Cooperation (APEC) forum, hosted by Malaysia. And unlike in 2018, all the group’s nations were able to agree on a joint communique at the meeting’s end.

“We recognize the importance of a free, open, fair, non-discriminatory, transparent and predictable trade and investment environment to drive economic recovery at such a challenging time,” the 21 nations said in their joint statement, called the 2020 Kuala Lumpur Declaration.

The last APEC meeting, in 2018, failed to produce a communique that all leaders agreed on. A meeting last year, scheduled to be held in Chile, was canceled because of the domestic situation there at the time.

 

In full: https://www.rfa.org/english/news/china/apec-trade-11202020185034.html

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