DETROIT : U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC) trade ministers to 'think creatively' for solutions to overcome a host of challenges from fragile supply chains, a worsening climate crisis and growing inequality.Launching a two-day meeting of
DETROIT : U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation trade ministers to"think creatively" for solutions to overcome a host of challenges from fragile supply chains, a worsening climate crisis and growing inequality.
As they started, the APEC meetings were already overshadowed by the first meeting between high ranking Washington and Beijing officials for the first time in months in a bid to overcome a cascade of irritants. She asked them to build on multilateral momentum seen in last year's WTO ministerial meeting that produced the body's first new agreements in years, including curbs on fishery subsidies and a partial intellectual property waiver on COVID-19 vaccines."We have an opportunity in APEC to forge a new path for our people and for our planet and to build our economies from the bottom up and the middle out, to deliver tangible results for our people," Tai said.U.S.
"It's significant that China seems now willing to engage at cabinet level," said Matthew Goodman, senior vice president of economics at the Center for Strategic and International Studies and a former White House official who planned APEC, G20 and other global meetings.INDO-PACIFIC TALKS
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