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US:Obama leaves for Asia Pacific Economic Cooperation forum

Saturday, November 12, 2011

Laaska News  Nov. 12,2011
APEC ministerial meeting begins


US President Barack Obama left Washington on Friday for Hawaii, where he will host the Asia Pacific Economic Cooperation forum.

The Obama administration now views Asia and the Pacific as becoming the world’s political and economic engine. Its diplomatic strategy is to assert a more active US role in the region.

In Honolulu, Obama is hoping to garner support from APEC members for a free trade agreement, which is seen as a vehicle for achieving economic integration in the region. He will also meet leaders of Trans Pacific Partnership countries.

The United States welcomed the announcement by Japan’s Prime Minister Yoshihiko Noda that Japan will begin consultations with member countries on possibly taking part in TPP talks.
During a meeting with Noda on Saturday, Obama is expected to ask him to provide details on Japan’s commitment to TPP.

After the APEC forum, Obama will visit Australia and Indonesia. In Bali, he will attend the East Asia Summit for the first time as a US president.

APEC ministerial meeting begins

Economic ministers from 21 Pacific Rim countries are meeting in Hawaii on Friday for the Asia Pacific Economic Cooperation forum.

This year, the forum’s main issue is to discuss concrete measures toward regional economic integration. The measures will include rules against exclusion of foreign firms from contracts for government procurement and strengthened protection of intellectual property to encourage firms to further engage in international business.

From Japan, Foreign Minister Koichiro Gemba and Economic, Trade and Industry Minister Yukio Edano are attending the meeting.

Japan is expected to express its commitment to begin discussions with other countries in preparation for its participation in TPP free trade talks.

It is also expected to state its readiness to contribute to the APEC region’s economic integration by speeding up the building of a free trade area with China, South Korea, and the Association of Southeast Asian Nations, ASEAN.

Ministers of APEC members will issue a joint statement at the end of the meeting.


Laaska News.