Ministers to attend APEC meeting in Yokohama

Joint media release:

  • Minister for Trade, The Hon Dr Craig Emerson MP
  • Minister for Foreign Affairs, The Hon Kevin Rudd MP

9 November 2010

Foreign Minister Kevin Rudd and Trade Minister Craig Emerson depart today to join their regional counterparts at the 22nd APEC Ministerial Meeting in Yokohama, Japan.

Trade and Foreign Ministers from the 21 APEC member economies will meet ahead of the 18th APEC Leaders' Summit on the weekend of 13-14 November.

Ministers will discuss the current challenges facing the APEC region and map out a new long-term vision to promote the strategic, trade and economic interests of member economies.

"As the world recovers from the Global Financial Crisis, we need to determine how APEC can best position itself to meet future economic challenges," Mr Rudd said.

A key issue this year will be to assess how far APEC economies have progressed towards the Bogor Goals of free and open trade and investment.

"Australia's progress towards free and open trade and investment is among the strongest of all APEC economies," Dr Emerson said.

Both Ministers welcome APEC's increasing focus on structural reform, which helps drive stronger economic growth in Australia's major international markets and reduces the risk of new financial crises emerging that can damage Australian living standards.

APEC economies account for over half of global economic output, 40 per cent of the world's population and 69 per cent of Australia's trade.

While in Yokohama, Dr Emerson will attend Ministerial meetings to discuss progress on the WTO Doha Round and the Trans-Pacific Partnership Agreement (TPP).

"We need to send a clear message to Leaders at the G20 and APEC summits that Trade Ministers are serious about concluding the Doha Round," he said.

"It is time to move to the end game."

Media enquiries

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