2009 Asia Pacific Economic Cooperation Apec Meetings And U S Trade Policy In Asia PDF Download

The uncertainty about the future role of APEC in U. S. trade policy comes just a year before the target deadline for the first of APEC's Bogor Goals-open trade and investment among the industrialized APEC members by 2010-and two years before the United States is scheduled to host the association's annual meetings in 2011. [...] In contrast to the 2007 APEC meetings in Sydney, Australia, President Bush attended both days of the Leaders' Meeting.19 Prior to the President's arrival in Lima, the White House held a press briefing on the U. S. priorities for the APEC meetings. [...] Daniel Price, assistant to the President for international economic affairs, stated that the United States had five priorities for the APEC meetings: 1. Advancing the work of the G20 meeting in Washington on the global financial crisis; 2. Deepening regional economic integration; 3. Enhancing competitiveness of the APEC region; 4. Addressing "a range of human security needs;" and 5. Discussing the [...] First, the APEC leaders "are convinced that we can overcome this crisis in a period of 18 months." Second, the crisis "highlights the importance of ongoing financial sector reform in our economies." Third, the APEC leader "welcome" the G20's declaration and they "strongly support" the G20's "action plan." Fourth, they recognized the "critical role" of the International Monetary Fund, the World Ban [...] Sixth, they recommitted to the Bogor Goals as "a key and organizing principle and driving force for APEC." The usual joint statement issued at the completion of the Leaders' Meeting continued the focus on the global financial crisis and echoed the themes raised in the Ministerial joint statement.21 Following an introductory paragraph, the APEC Leaders write, "The current global financial crisis is.