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ABAC asks APEC Leaders to Support G-20 proposals to Face Financial Crisis

The APEC Business Advisory Council (ABAC) asked Thursday for APEC leaders to support proposals included in the G-20 Declaration issued on November 15th in order to implement reforms in the world financial system and, in this way, to overcome the international financial crisis.

"ABAC considers that the strong commitment of the G-20 towards an open global economy is absolutely consistent with the APEC vision and asks its leaders to solve the most important issues of Doha Round negotiations", said ABAC chairman Juan Francisco Raffo.

He pointed out that the Business Advisory Council of the Asia-Pacific region strongly supports the G-20 leaders management for not putting new barriers on investment or goods trade and services, imposing new restrictions on exports.
 
"ABAC asks APEC leaders to maintain the commitment and establish a process to monitor and report this implementation", he noted. 

News source: Andina

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