Wednesday, September 3, 2014

APEC Leaders Adopt Growth Strategy, To Work Toward Free Trade Regionwide

YOKOHAMA, Japan—Saying that the “growth as usual” approach has become outmoded in the information and communications technology era, the leaders of the Asia-Pacific Economic Cooperation (APEC) forum countries Nov. 14 adopted a growth strategy, the first such policy since APEC’s inception in 1989.

APEC’s policy is to achieve balanced, inclusive, sustainable, innovative, and secure growth, the leaders’ communiqué said. “This is essential even as we pursue APEC’s core objective of a vigorous…