Trade Ministers to seek success of trade negotiations of Doha Round
01 Jun '06
3 min read
APEC Ministers Responsible for Trade will continue to build momentum for a successful conclusion to the current round of World Trade Organization (WTO) negotiations when they meet in Viet Nam today and tomorrow.
In the meeting that will also be attended by the Director General of the WTO, Pascal Lamy, ministers will consider the text of a ministerial statement containing a series of specific proposals for consideration by WTO Members.
The two day ministerial meeting begins with one day of informal meetings that will be followed by the formal plenary session and the release of the ministerial statement on June 2.
Other issues on the agenda include plans for the implementation of the Busan Roadmap to achieve APEC's free trade and investment goals and plans for a significant reduction in the transaction costs related to conducting business in the APEC Region.
Ministers will also continue with work on the development of high quality regional trade arrangements and free trade agreements and review latest developments in the APEC Anti-Counterfeiting and Piracy Initiative.
Chair of the Ministerial Meeting, Trade Minister Truong Dinh Tuyen, said the work of APEC Member Economy representatives based in Geneva will be taken into consideration for a statement that should be specific in its recommendations to progress WTO negotiations.
"APEC Trade Ministers will deliver a strong and credible message to advance WTO negotiations that goes beyond a political statement and includes specific proposals," Minister Truong said.
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