Asia-Pacific leaders fail to reach consensus on APEC communique

PORT MORESBY (Reuters) – A Chinese official said on Sunday that Asia-Pacific leaders could not issue the traditional communique at the end of the regional APEC forum, held in Papua New Guinea (PNG).

PNG will instead issue a “chairman’s statement”, said Zhang Shaogang, director-general of China’s international department at the Ministry of Commerce.

Conflicting visions for the region had made it difficult to draft a summit communique, PNG Foreign Minister Rimbink Pato told Reuters earlier on Sunday, as the United States and China revealed competing ambitions for the region.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.