Right time for India to join APEC, say Australia's ex-PM Rudd and Mastercard's Banga
Source: PTI It is the "right time" for India to join the Asia-Pacific Economic Cooperation (APEC) bloc and become fully integrated into the global economy, a former Australian Prime Minister and a top US corporate leader have said, noting that India's growth potential is simply too important to ignore. "India is a rising power, eager for a greater role in Asian and global affairs," Kevin Rudd, former Australian Prime Minister who is the current president of the Asia Society Institute and MasterCard President and CEO Ajay Banga wrote in an op-ed published in The Wall Street Journal Asia, as they made a strong case for India's membership in APEC. "Indian membership in APEC has been in the very slow lane for ...
World Trade Organisation chief welcomes strong APEC support for Doha Round
The Dollar Business Bureau Continued backing from APEC (Asia-Pacific Economic Cooperation) and all other World Trade Organisation (WTO) ministers will be “critical” to reaching agreement on a work programme for concluding the Doha Round, said WTO Director-General (DG) Roberto Azevêdo. The Doha Round is the latest round of trade negotiations among the WTO membership. Its aim is to achieve major reform of the international trading system through the introduction of lower trade barriers and revised trade rules. The DG also welcomed the strong statement of support issued by APEC (Asia-Pacific Economic Cooperation) trade ministers at their meeting in Boracay, the Philippines, on May 23-24, 2015 for other WTO initiatives. The meeting of APEC Ministers Responsible for Trade (MRT) included ...
