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

May 27, 2023
Source: reuters.com reuters.com
News Snapshot:
DETROIT, May 26 (Reuters) - 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 host, U.S. Trade Representative Katherine Tai, instead issued a chair's statement summarizing the discussions, with an emphasis on inclusiveness, fighting climate change and sustainability. "We reaffirm our determination to deliver a free, open, fair, non-discriminatory, transparent, inclusive and predictable trade and investment environment," the statement read. The group...
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