{
    "success": true,
    "data": {
        "id": 1184570,
        "msgid": "consensus-reached-at-apec-1447893297",
        "date": "1995-11-17 00:00:00",
        "title": "Consensus reached at APEC",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Consensus reached at APEC By Endy M. Bayuni OSAKA, Japan (JP): APEC ministers reached a consensus yesterday on how the 18 member-countries should phase out all trade barriers in the region, overcoming a number of contentious points that had been the subject of heated controversy.",
        "content": "<p>Consensus reached at APEC<\/p>\n<p>By Endy M. Bayuni<\/p>\n<p>OSAKA, Japan (JP): APEC ministers reached a consensus<br>\nyesterday on how the 18 member-countries should phase out all<br>\ntrade barriers in the region, overcoming a number of contentious<br>\npoints that had been the subject of heated controversy.<\/p>\n<p>\"We have reached a consensus,\" Coordinating Minister for<br>\nIndustry and Trade Hartarto, Indonesia's chief delegate to the<br>\nministerial conference of the Asia Pacific Economic Cooperation<br>\n(APEC) forum, told Indonesian journalists.<\/p>\n<p>Hartarto declined to go into the details of APEC's Action<br>\nAgenda, but said the two free trade deadlines, 2010 for developed<br>\nmember-economies and 2020 for developing economies, remain<br>\nunchanged. \"That's the most important thing,\" he added.<\/p>\n<p>\"Now the (APEC) ministers finally can present a clean action<br>\nagenda to the leaders,\" Indonesian Minister of Foreign Affairs<br>\nAli Alatas said, referring to this Sunday's informal meeting of<br>\nAPEC leaders here.<\/p>\n<p>Hartarto, who has been hopeful of an agreement all along,<br>\nattributed the result to the positive attitude of the ministers.<br>\n\"Everyone wanted this conference to succeed,\" he said.<\/p>\n<p>Four principles in the Action Agenda -- comprehensiveness,<br>\ncomparability, flexibility and non-discrimination -- were agreed<br>\nwithin a matter of hours of deliberations by the ministers<br>\nyesterday, the first day of their two-day conference.<\/p>\n<p>Japan, South Korea, Taiwan and China had earlier objected to<br>\n\"comprehensiveness\", seeking special treatment for sensitive<br>\nsectors, particularly agriculture, under trade liberalization<br>\nmeasures.<\/p>\n<p>As a compromise, flexibility was agreed on, but without<br>\naltering the deadlines.<\/p>\n<p>Some countries had opposed the inclusion of the principle of<br>\ncomparability in the way each individual member dismantles its<br>\ntrade barriers, pointing out that APEC's decisions are not<br>\nbinding.<\/p>\n<p>The United States had objected to the principle of non-<br>\ndiscrimination because it would mean having to automatically<br>\ngrant trade privileges to China, even though the latter is not a<br>\nmember of the World Trade Organization.<\/p>\n<p>U.S. Trade Representative Mickey Kantor hailed the agreement<br>\nreached by the ministers.<\/p>\n<p>\"We have one. It's a good one. It's been unanimously adopted<br>\nand we will recommend it to the leaders,\" Kantor was quoted by<br>\nReuters as saying after the conference.<\/p>\n<p>\"We have really taken another giant step forward in APEC,\" he<br>\nsaid. He added: \"We're moving forward in the fastest growing<br>\nregion of the world.\"<\/p>\n<p>Reservations<\/p>\n<p>There may be some reservations, however, as indicated by China<br>\nto the press.<\/p>\n<p>Chinese officials said the wording of the non-discrimination<br>\nprinciple was too vague to resolve the U.S.-China wrangle over<br>\nthe preferential trading terms which Washington grants to<br>\nBeijing.<\/p>\n<p>\"We are pleased that some consensus, some agreements against<br>\ndiscriminatory trade, have been made. However, we think that the<br>\nversion of the non-discrimination text has not fully reflected<br>\nthe Chinese position,\" a Chinese official said.<\/p>\n<p>Senior Chinese trade official Long Youngtu was quoted by<br>\nReuters as saying that APEC ministers had agreed to \"endeavor\" to<br>\nabide by principles of non-discrimination in all trade matters.<\/p>\n<p>The wording, he said, was too vague to be binding.<\/p>\n<p>The Action Agenda is the blueprint for the implementation of<br>\nthe free trade pledge made by APEC's leaders in their last<br>\nmeeting in Bogor, Indonesia, last year.<\/p>\n<p>Alatas said that the wording of the document could still be<br>\nchanged by the leaders during their one-day retreat on Sunday.<\/p>\n<p>Yesterday's conference was overshadowed by news from<br>\nWashington that U.S. President Bill Clinton will not be present<br>\nat the leadership meeting because of the federal budget<br>\nconfrontation he faces with Congress. Vice President Al Gore is<br>\nto take Clinton's place.<\/p>\n<p>Canadian Premier Jean Chretien and Australian Prime Minister<br>\nPaul Keating were the first two leaders to arrive for Sunday's<br>\ninformal meeting.<\/p>\n<p>Indonesian President Soeharto is scheduled to arrive later<br>\ntoday, as are most of the other leaders.<\/p>\n<p>The ministers will continue with their deliberations today,<br>\nfocusing more on organizational, administrative and budgetary<br>\nmatters, Alatas said.<\/p>\n<p>The ministers are scheduled to wind up their conference with a<br>\ncommunique and a joint press conference.<\/p>\n<p>Environment -- Page 5<\/p>\n<p>Hartarto -- Page 8<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/consensus-reached-at-apec-1447893297",
        "image": ""
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    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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