| You are in: Business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]()
|
Tuesday, 14 November, 2000, 17:02 GMT
US pledges Apec support
![]() Charlene Barshefsky (left) stressed US commitment to Apec
Leaders of the Asia-Pacific Economic Co-operation forum (Apec) are gathering for a summit in Brunei where they will try to breathe new life into the group.
There were fears that the departure from office of US President Bill Clinton - a firm Apec supporter - would sound the group's death knell.
"The bottom line is the United States will always remain a driver in Apec just as we are a driver in WTO," US Trade Representative Charlene Barshefsky said. She noted that Apec would bring together Mr Clinton, Russian President Vladimir Putin, Chinese President Jiang Zemin and South Korean President Kim Dae-jung.
Ms Barshefsky said Mr Clinton's meetings with the Chinese president at Apec had had "incalculable effects" in building personal trust between the two leaders. 'Digital divide' Wednesday's summit - which will draw 21 member states in Brunei's capital, Bandar Seri Bagawan - will see an attempt to broaden Apec's agenda.
He said Apec would look at "improving capacity-building" for economies not prepared to move into the "new economy". WTO talks Apec leaders will also attempt to recover the flagging momentum on trade liberalisation.
Mr Clinton, has indicated he wants to use Apec to rouse stalled World Trade Organisation (WTO) talks on global free trade. Ministers have called for a new round of talks, but a key objective - a date for the talks - was not set. Malaysia, South Korea and others are resisting the move, led by the US, to launch the talks next year. Meanwhile, senior officials from Mexico and China held separate trade talks on the margins, threatening to steal the show as they moved closer to a deal to enable China to enter the WTO. Mexico is the only member of the Geneva-based WTO with which China has yet to reach a bilateral trade deal before final accession arrangements.
|
See also:
Top Business stories now:
Links to more Business stories are at the foot of the page.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Links to more Business stories
|
|
|
^^ Back to top News Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Entertainment | Talking Point | In Depth | AudioVideo ---------------------------------------------------------------------------------- To BBC Sport>> | To BBC Weather>> ---------------------------------------------------------------------------------- © MMIII | News Sources | Privacy |
|