APEC 2005 wraps up

Sunday, November 20, 2005

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Asia-Pacific Economic Cooperation 2005

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Background

The Asia-Pacific Economic Cooperation, APEC 2005 wrapped up this weekend with trade impasse unresolved. Member countries fell short of blaming EU for causing the impasse. The EU has been largely criticized for not opening up its own agriculture market. South Korean Foreign Minister Ban Ki-moon said "The leaders here ... are basically saying that now the ball is in Europe's court".

Member countries talked of high oil prices hurting their economies and agreed on energy efficiency, conservation and diversification. Supply and demand issues were not clarified.

Sources

Lee Suwan and Sonya Hepinstall. "WRAPUP 1-APEC takes aim at bird flu, trade talks impasse" — Alternet, November 19, 2005
Lee Suwan and John Chalmers. "APEC leaders wrap up summit" — Reuters, November 19, 2005

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This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.