Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

APEC Reinvigorated At Trade Ministers Meeting

MEDIA STATEMENT

30 June 1999

FOR IMMEDIATE RELEASE

APEC Reinvigorated At Trade Ministers Meeting


“APEC Trade Ministers have agreed on a set of practical initiatives that collectively reinvigorate the APEC process,” New Zealand Trade Minister Lockwood Smith said today.

Dr Smith was speaking today at the conclusion of the two-day meeting of APEC Ministers Responsible For Trade in Auckland, New Zealand.

He said the unanimous feedback from his Ministerial colleagues was that the meeting had been a success, and had delivered everything that leaders had requested, and more.

“APEC Trade Ministers have delivered on their obligation to move the forum closer towards the Leaders’ goals outlined in Declarations from the Seattle, Bogor, Osaka and Manila meetings,” Dr Smith said.

“In fact, fourteen of the 21 APEC economies have announced further tariff cuts which will accelerate their progress toward free and open trade and investment ahead of the Bogor goals of 2010 for developed economies and 2020 for developing economies.

“We have reaffirmed APEC’s credibility and relevance as we recover from the financial crisis and prepare for the APEC Leader’s Meeting in September and the World Trade Organisation Ministerial Meeting in November.

“The meeting has produced a list of significant initiatives in an atmosphere as friendly and constructive as any I have seen at an APEC meeting.”

Dr Smith said it was significant that APEC had continued to move towards its ambitious goals although the region was still recovering from the financial crisis.

“Every APEC member agrees that the best way to repair the damage of the crisis and to insure against any future crisis is to make solid progress towards APEC’s trade liberalisation and trade facilitation goals, and actively promote the development of robust, transparent markets.”

“Perhaps the most important outcome was the agreement to push for inclusion of industrial products in the WTO negotiations to be launched in Seattle this year, in addition to trade in agriculture and services, and that these negotiations be concluded within three years,” Dr Smith said.

“The initiatives confirmed by Ministers may not be as dramatic as APEC’s major goal-setting announcements of the mid-1990s, but each one is an important building block towards achieving those ambitious goals."

Dr Smith said he was also pleased that it had been possible to make progress on the APEC Food System proposal launched last year by the APEC Business Advisory Council (ABAC), and looked forward to working with Ministers to develop recommendations for leaders in September.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Pike River: Mine Drift Re-Entry Plan To Proceed

The Pike River Mine Drift will be re-entered, Minister Responsible for Pike River Re-entry Andrew Little announced today.

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little...

“The advice I have received indicates that it is likely to be around February before the re-entry proper gets underway, by breaching the 30m seal.” More>>

 

Rebuilding: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

Govt Loses In Supreme Court: Call For Debate On Prisoners' Right To Vote

The court earlier this week upheld a High Court decision which found that a law restricting a prisoner's right to vote was inconsistent with the Bill of Rights. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels