APEC pledges moratorium on withdrawal

Members will continue to adopt an economic stimulus policy until a sustained economic recovery is clearly entrenched and cannot return to "conventional growth", requiring a new growth strategy to achieve a further decline in trade transaction costs in 2010 Gros avoid new trade barriers and push for the end of the Doha round negotiations in 2010 The appointment of the Executive Director of the first fixed term of office of the secretariat as an important initial step to enhance APEC's dynamism is the key effort by members to achieve a sustained recovery and respond to the regional economic challenges of the 21st century by 2015, to increase the level of facilitation in the five key areas of business operations in APEC by 25%, 2011 years ago to raise the 5% present is the key moment of global economic recovery, APEC (APEC) Once again give "reassurance". The Singapore Declaration, issued after the 17th APEC leaders ' Informal meeting yesterday, said it would continue to take economic stimulus measures.　　At the same time, the Asia-Pacific region leads the global economic recovery, but can no longer go back to "conventional growth", and APEC needs a new growth strategy, namely, balanced, inclusive and sustainable development. The declaration is the "promotion of sustained growth, close regional ties ——— the 17th APEC leaders informal meeting Declaration".　　The Declaration deals with how to promote sustainable growth, resist protectionism, support the multilateral trading system, accelerate regional economic integration, strengthen economic and technological cooperation, promote human security, combat corruption, improve management and transparency, and enhance the role of APEC. The leaders agreed that a number of previous economic stimulus measures had led to the establishment of a global economic recovery.　　The declaration said that the economic stimulus measures would continue, and members would also implement the consensus of the Group of 20 Pittsburg summit to work together to keep the global economy strong, sustainable and balanced, and to develop a comprehensive long-term growth strategy next year.　　The host Prime minister, Lee Hsien Loong, said in a statement that the Asia-Pacific region is leading the global economic recovery, but needs a new economic growth strategy, agreeing to pursue economic growth with new ideas and models in the Asia-Pacific region. APEC leaders in the declaration also unanimously said "no" to trade protectionism, while pledging to continue to keep the market open, to avoid new trade barriers.　　The leaders reaffirmed their commitment to the end of the Doha round in 2010 to achieve the Bogor goals and to accelerate economic integration in the Asia-Pacific region. The Declaration also noted that efforts would be made to increase the level of facilitation in the five key areas of business operations in APEC by 2015 by 25%.　　APEC, as a whole, is expected to achieve a further 5% reduction in trade transaction costs by 2010, a move that will improve the business environment and facilitate cross-border business operations in member countries. The Declaration also stresses that APEC will strengthen the capacity of the APEC secretariat by appointing the Executive director of the first fixed term of office of the Secretariat as an important step in enhancing APEC's dynamism. It is reported that the Malaysian Mohammed• Nur Yas will serve as the first permanent executive Director of the APEC secretariat. But with regard to climate issues, the manifesto only says it will work to make the Copenhagen conference fruitful next month.　　The U.N. Climate change conference in Copenhagen aims to target greenhouse gas emissions and raise money to help poor countries cope with global warming. And before the 17th APEC leaders ' informal meeting, the APEC Business Leaders Summit 14th in Singapore. The delegates called for innovative and sustainable measures to reshape the global economy in a balanced way. The representatives of many countries also expressed their commitment to ensuring trade flows and continued to pursue initiatives aimed at promoting trade liberalization.