APEC Finance Ministers Agree to Strengthen Economic Coordination Amid Global Risks
Apec finance ministers meeting in Hong Kong agreed to strengthen communication and cooperation amid persistent global imbalances and economic risks.
Apec meeting highlights Hong Kong’s ‘Going Global’ pathway
Asia-Pacific Economic Cooperation (Apec) nations agreed to strengthen economic coordination after finance ministers met in Hong Kong amid mounting challenges.
The finance ministers said in a joint statement that “global imbalances have persisted, creating risks to growth and stability”.
The statement was issued after two days of talks.
The ministers also said, “We recognise that global rebalancing is in our common interest and agree to strengthen communication and cooperation in this regard.”
The remarks place communication and cooperation at the centre of the group’s response to continuing economic risks.
The group also released a policy...
Source: South China Morning Post
Frequently asked questions
What did APEC finance ministers agree to do?
They agreed to strengthen economic coordination, communication and cooperation.
Where did the APEC finance ministers meet?
They met in Hong Kong.
What risks did the ministers identify?
They said persistent global imbalances were creating risks to growth and stability.
How long did the talks last?
The talks lasted two days.
You may also like
Technology
Hong Kong plans pandas, Peak vistas and tech tours for Apec delegates
National
Hong Kong Hosts First APEC Finance Ministers’ Meeting
Politics
China Finance Minister Lan Foan to Deliver Keynote at APEC Meeting
International
Bessent May Skip APEC Finance Meet To Focus On Trump’s Shenzhen Visit
Most read
- 1
Air China Adds Extra Flight for Passengers Stranded in Fuel-Starved Cuba
- 2
Western disturbance to bring rain, hail and strong winds across north India
- 3
Yogi Adityanath Directs No Occupied Houses Be Demolished for Achhalda Bridge
- 4
Gwalior Temple Truck Crash Kills 12, Injures 28-29 Devotees During Navratri
- 5
Heavy Rain Waterlogs Bengaluru, Snarls Traffic; Ride-Hailing Fares Surge
Comments
No comments yet. Be the first to comment.