Tags: LT | APEC Summit

Asia-Pacific Trade Summit Closes amid Anti-trade Climate

Asia-Pacific Trade Summit Closes amid Anti-trade Climate

Sunday, 20 November 2016 05:07 PM EST

LIMA, Peru (AP) — A declaration released at the close of an Asian-Pacific trade summit says leaders of 21 nations will continue working toward a free trade agreement that would include all their countries.

Members of the Asia-Pacific Economic Cooperation forum denounce calls for protectionist policies amid what the declaration describes as a "slow and uneven recovery from the financial crisis of 2008."

Prospects for a sweeping new economic pact are shadowed by the free-trade skepticism of U.S. President-elect Donald Trump and Britain's vote to leave the European Union.

The APEC statement released Sunday in Peru says its members will "resist all forms of protectionism," including by manipulating currencies and exchange rates.

It also says they will adhere to climate change goals established last year in Paris.

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


TheAmericas
A declaration released at the close of an Asian-Pacific trade summit says leaders of 21 nations will continue working toward a free trade agreement that would include all their countries.Members of the Asia-Pacific Economic Cooperation forum denounce calls for protectionist...
LT,APEC Summit
126
2016-07-20
Sunday, 20 November 2016 05:07 PM
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