APEC to compile new vision statement promoting free trade, investment

Ministers from 21 Pacific Rim economies held a teleconference Monday to discuss a new vision statement for the region focusing on free trade and investment, while also taking up measures to facilitate economic recovery following the novel coronavirus pandemic.”Now is the time when Asia-Pacific Economic Cooperation members must work together to face the coronavirus crisis,” Japanese Economy Minister Hiroshi Kajiyama told the APEC meeting of trade and foreign ministers. “Japan will proactively contribute to the development of the Asia-Pacific region for the next 20 years under the new vision.”Th…

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