Apec Meet Important To Australia
By Sonia K in Sydney

Sydney - "This is a very exciting time for Australia to welcome leaders from 21 of the most important economies of the world."

This was said by Australian Minister of Trade Warren Truss at a media opportunity, International Media Centre in Sydney, Australia.

He added that the Asia Pacific Economic Cooperation (Apec) "makes up 50 per cent of the world's trade. But I for Australia, the economies represented at this meeting account for 70 per cent of our trade. So, the gathering and meeting held over the next couple of days are particularly important for a country like Australia".

According to the Australian minister, the first and foremost item on the agenda is the current state of negotiations in relation to the Doha Round.

"Our ambassadors are meeting in Geneva to talk through the way in which we can best progress the issues," Truss said. "I will particularly be interested in the input of trade minister of the Apec region in relation to the Doha Round, looking at what they hope to achieve and what we may be able to contribute towards those discussions."

Over the next few days, the Apec economies will be looking at what they can do to break down the barriers and trade between countries,

One of Apec's great successes has been the reduction of behind-the-border barriers. Truss believes that Apec economies can make further advances, and there will be a positive statement about those issues included in the deliberation at the end of the meeting.  -- Courtesy of Borneo Bulletin

Click Here To Have Your Say On This Story

Brudirect.com News

Brunei's Fastest Growing Website with