(Detroit Road Power Power) The Minister of Trade, the Asia -Pacific Economic Cooperation Organization, agreed to promote more tolerant and sustainable trade after the US meeting, but eventually failed to issue a joint statement because Russia and China opposed the draft of Ukraine on the draft of Ukraine.

The Asia -Pacific Economic Organization (APEC) Minister of Trade on Friday (May 26) ended in Detroit, USA. Due to a joint statement, the host US Trade Representative Dai Qi issued a statement of the chairman to summarize the two -day discussion.

Dai Qi emphasized in the chairman's statement that the focus of the meeting was tolerance, climate change and sustainability."We reiterate that we are determined to provide a freedom, openness, fairness, non -discrimination, transparency, tolerance and predictable trade and investment environment."

APEC also reiterates that it will continue to support the rule -based, and the multilateral trading system with the World Trade Organization (WTO) as its core."We will continue to work hard to ensure that competition is fair to create an environment that is conducive to trade and investment, and once again promise to keep the market open and solve the problem of supply chain interruption."

The leader of the APEC economy issued a statement at the Bangkok Summit last November, saying that most members "strongly condemned the Ukrainian war and human suffering and economic impact", but at the Detroit conference, China and Russia opposed joining the above.The wording, therefore failed to issue a joint statement.

Daiqi's statement pointed out that the participants in Russia and Ukraine had different views, but "APEC is not a forum to solve security issues."She later said at a press conference that she hoped that the APEC Summit held in San Francisco in November this year will eventually issue a joint statement.

Daiqi used this Detroit meeting to promote the "workers -centered" trade policy advocated by the Bayeng government to the international community.She pointed out that Detroit chose Detroit to show the city's development process.It was originally seriously impacted by trade liberalization and is now reborn and transformed into new green transportation technology."APEC is known as the idea incubator and a cooperative catalyst. I have confidence that it helps us to promote the workers in the region to strive for upstream."

Yan Jinyongti 3 suggestions to ensure that the WTO can cope with challenges

The Singapore Ministry of Trade and Industry issued a statement on Saturday (27th) that the Minister of Trade and Industry Yan Jinyong made three suggestions at the APEC Trade Minister's Meeting to ensure that the WTO can respond to the current challenges more effectively:

First, the World Trade must restore a comprehensive operation and effective dispute resolution mechanism;

Second, update the rules of the WTO, in response to new problems related to digital trade and environmental sustainable;

Third, the decision -making process of improving the WTO.

Yan Jinyong pointed out that Singapore is going to the green economy, resolutely find more environmentally friendly energy, invest in new technologies, and strengthen business capabilities and improve the skills of labor teams.Singapore will continue to pay attention to the new trade structure, such as the green economic agreement to seize the opportunity of green development.