Asia-Pacific leaders committed to lowering trade barriers and reducing tariffs on environmental goods to five percent as the regional APEC summit closed on Sunday. APEC economies account for 60 percent of trade in environmental goods and services.
US President Barack Obama and his Chinese counterpart Hu Jintao presented competing trade agendas at the APEC summit Saturday, with Obama privately taking China to task for what he said Americans saw as "unfair" trade and currency practices.
Japan’s Prime Minister Yoshihiko Noda arrived in Hawaii late Friday for the annual Asia-Pacific Economic Cooperation summit after announcing that his country would join key negotiations aimed at knocking down trans-Pacific trade barriers.
Amid tensions over trade, Tibet and climate change, US President Barack Obama insisted the US was not trying to contain China's economic rise while addressing students at a town-hall style meeting in Shanghai.
World leaders supported delaying a legally binding climate pact until 2010 or even later Sunday. France’s negotiator at the talks laid the blame for the delay squarely at the door of the United States.
Asia-Pacific leaders including US President Barack Obama and Chinese President Hu Jintao vowed on Sunday to reject trade protectionism and to pursue a new model for economic growth after the world's most severe economic crisis in decades.
Wrapping up his Japan visit, US President Barack Obama pledged greater cooperation with Asia as the self-proclaimed "first Pacific President" of the USA headed for the weekend’s annual Asia-Pacific summit in Singapore.
US President Barack Obama has come under fire from Asia-Pacific leaders for backsliding on free trade as a two-day Asia-Pacific Economic Cooperation (APEC) summit devoted to driving the world economy out of crisis opened in Singapore.
In Tokyo on his first trip to Asia as US president, Barack Obama pledged to pursue cooperation with China, engage more deeply in Asia, and push for stronger trade ties with the region. He will also visit Singapore, China, and South Korea.
US President Barack Obama's whirlwind tour of Asia is aimed at signalling a new era of US engagement in a region that could offer vital support on security issues and which accounts for more than half of the world's economy.
