APEC members should stabilize regional trade, investment against pandemic impact: Chinese minister

added 26.07.2020 14:53

Economies participating in the Asia-Pacific Economic Cooperation (APEC) reaffirmed the prioritization of economic recovery from the COVID-19 outbreak following a virtual meeting chaired by Malaysia on Saturday.

(Malaysia's International Trade and Industry Ministry/Handout via Xinhua) BEIJING, July 25 (Xinhua) -- Member economies of the Asia-Pacific Economic Cooperation (APEC) should work together to minimize the impact of the COVID-19 pandemic and stabilize trade and investment in the region, Chinese Commerce Minister Zhong Shan said Saturday.

China has taken concrete measures to support APEC economies in the fight against the pandemic, and will remain committed to the cause, Zhong said during the 2020 APEC Virtual Trade Ministers' Meeting on COVID-19.

Zhong also called on member economies to advance economic and trade agenda of the APEC under plans for integrated economic development of the Asia-Pacific region after the pandemic.

APEC members acknowledged in a statement after the meeting the importance of a free, open, fair, non-discriminatory, transparent and predictable trade and investment environment to driving economic recovery at the challenging time.

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