Duterte to meet Trump at APEC - DFA

Duterte to meet Trump at APEC - DFA

Duterte to meet Trump at APEC - DFA

Worldwide leaders and trade partners attending the November 6-11 summit in the central coastal city of Da Nang "should call on Vietnamese authorities to end the government's systematic persecution of peaceful critics", said Human Rights Watch (HRW).

As the Russian Foreign Ministry stated, "primary attention is paid to the issues of further liberalizing trade and investment, first of all, as applicable to the sphere of services, and economic integration in the Asia-Pacific Region with the focus on approving the concept of the pan-regional Free Trade Area of the Asia-Pacific (FTAAP), the idea of moving towards which is meant to replace after 2020 the forum's Bogor Goals that do not have clear criteria".

He said in Da Nang, leaders and other participants would have a chance to take important steps in areas such as digital trade and the development of e-commerce.

A stable and prosperous China is precondition of progress and prosperity for the Asia-Pacific, said Oh, adding that the Belt and Road Initiative is already rapidly linking China with regional neighbors not only in terms of trade and infrastructure, but also increasing people-to-people bonds.

Two, promote trade and investment liberalization and strengthen regional connectivity.

"These priorities aren't exactly new, and they are similar to those of the previous Apec chairs, including Peru a year ago", explained Dr. Alan Bollard, a former governor of New Zealand's Reserve Bank.

"Entering the phase of comprehensive reforms, Vietnam wishes, through the hosting of the APEC Year 2017, to reaffirm its foreign policy of diversiíĩcation, multi-lateralization of worldwide relations and intensive global integration; being a reliable ữiend and partner of the global community".

Tran will host a lunch on Saturday to discuss ways to boost innovative growth, drive regional trade and investment as well as other issues.

Chinese President Xi Jinping and Russian President Vladimir Putin, who will not be attending the Asean Summit in Manila is on top of Duterte's consideration in holding bilateral talks, Lim said.

With APEC members making up a significant portion of the world's GDP and global trade, better economic growth prospects in APEC, supported by continued expansion of manufacturing, exports and investment, boded well for the global economy, said Lee Heng Guie of Malaysia's Social Economic Research Center (SERC).

APEC now has 21 members, namely, Australia, Brunei, Canada, Chile, China, China's Hong Kong, China's Taiwan, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, South Korea, Thailand, the United States and Vietnam. Even without the world's largest economy, Singapore and the other nations want to seal a deal aiming to eliminate tariffs on industrial and farm products. The 11 countries have a combined GDP of US$12.4 trillion (S$16.9 trillion), with total trade reaching US$356.3 billion previous year.

It remains unclear whether the disputed South China Sea region will be the discussions. The 2019 and 2020 hosts are Chile and Malaysia respectively.

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