Most APEC economies think the trade and financial situation is expected to improve

Singapore, July 18 (Xinhua) 10 of the 18 APEC economies surveyed said the trade and financial situation would improve in the next 6 months, according to a recent survey by Singapore, the rotating chairman of APEC.　　Surveys show that of the 18 surveyed economies, 16 said they were currently facing problems in trade and finance, and 13 of the 16 economies said that the risks to the economy posed by financial institution problems had risen since the onset of the global financial crisis in the second half of last year. The survey shows that the vast majority of APEC economies have developed an overall mechanism to deal with trade and financial crises.　　Of the 18 economies surveyed, 17 said they already had plans to support trade and financial development. In response to the crisis, 15 of the 18 economies said they had implemented new plans or strengthened existing plans to support development in the trade and finance sectors.　　Half of the 18 economies surveyed said they had implemented new or strengthened export credit insurance schemes. The 17th APEC leaders ' informal meeting will be held in Singapore from November 14 to 15th this year, with the theme "sustained growth, regional union". Before that, APEC members ' economic ministers will hold a meeting of senior officials in Singapore this month 21st 22nd.