She also shared the outcomes of the Economic Leaders Meeting, particularly the Philippines contributions to the APEC
President Benigno Aquino III will also hold 11 formal bilateral meetings on the sidelines of the APEC
summit, Paynor said.
Rapid economic growth in APEC
has led to an increase in consumption of plastics, with waste flowing into waterways and ultimately into the ocean, said Nick Mallos of Ocean Conservancy.
Topics tackled by Apec
officials include business facilitation, regional economic integration, trade and investment liberalisation, participation of small and medium enterprises in regional and global markers in order to build sustainable and resilient communities in the Asia Pacific region, said Foreign Affairs Spokesman Charles Jose.
Experts say APEC
members are important to the world economy as well as to central Asia.
leaders also issued a separate statement recognizing that the Doha Round trade liberalization talks under the WTO involving over 150 members are "at an impasse," while expressing support for the WTO and the multilateral trading system.
The lowering of tariffs among APEC
economies and globalization of production has increased the importance of strengthening connectivity in the region," he explained.
Hu, in his speech, emphasized China had always placed high importance on the role of APEC
and actively participated in its cooperation in various fields and at different levels.
According to the statement, APEC
2011 will focus on three themes, which are
Although creating an FTAAP has been an aspirational goal for APEC
since 2006, APEC
leaders have agreed that now is the time to translate this into a more concrete vision.
Leaders of the 14 APEC
economies speaking at the event pledged support for free and fair trade, anti-protectionism and continued co-operation among the APEC
Prime Minister John Howard has described the APEC
Summit as successful and said the Summit had been held in a very positive environment.