APEC trade chiefs agree on more inclusive trade, but no joint statement

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APEC trade chiefs agree on more inclusive trade, but no joint statement
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DETROIT : Trade ministers from the Asia Pacific Economic Cooperation (APEC) countries agreed on Friday to promote more inclusive and sustainable trade, but failed to produce a joint statement due to Russia and China's objections to language on Ukraine.Closing out two days of talks in Detroit, the APEC hos

DETROIT : Trade ministers from the Asia Pacific Economic Cooperation countries agreed on Friday to promote more inclusive and sustainable trade, but failed to produce a joint statement due to Russia and China's objections to language on Ukraine.

"We reaffirm our determination to deliver a free, open, fair, non-discriminatory, transparent, inclusive and predictable trade and investment environment," the statement read. APEC leaders last November in Bangkok approved language stating that"most members" strongly condemned the war in Ukraine and the resulting human suffering and economic impact.

Tai told a news conference that she hoped APEC leaders at a November summit in San Francisco would be able to produce a joint statement.

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