Stock Groups

APEC ministers pledge recovery support, seek to curb fishing, farm subsidies -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – A view showing virtual APEC Economic Leaders Meeting2020, Kuala Lumpur Malaysia, November 20, 2020. REUTERS/Lim Huey Teng/File Photo

WASHINGTON (Reuters), – The Pacific Rim foreign and trade ministers on Tuesday agreed to keep economic support measures in place to help recover from the coronavirus pandemic. However, they also vowed that negotiations would be held to reduce subsidies for agriculture and fisheries during a World Trade Organization meeting.

In a communiqué, the ministers of Asia Pacific Economic Cooperation nations stated that there were wide differences in recovery within and across economies. However, they acknowledged that downside risks remain.

Ministers stated that they needed to maintain economic recovery by continuing policy support measures while maintaining financial stability and long term fiscal sustainability.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses as a result.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]