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Economic crisis in Singapore to be discussed by APEC trade ministers
Economic crisis in Singapore to be discussed by APEC trade ministers

A meeting in Singapore next week would see the participation of the Asia-Pacific Economic Cooperation's (APEC) 21 member economies - including Thailand - which will mainly concentrate on the ongoing economic crisis and preparations for economic recovery, as well as multilateral trading system supports in regard to particular trade hurdles.

On Monday, Thailand's Department of Trade Negotiations director-general Nuntawan Sakuntanaga revealed that on July 21-22 Commerce Minister Pornthiva Nakasai will hold meeting with APEC trade ministers in Singapore, with the aim of discussing the ways to enhance the regional economy.

Mrs. Nuntawan further added that regional economic integration would also be kept under consideration at the 2009 meeting of APEC Ministers Responsible for Trade
(MRT), apart from strengthening comprehensive and cooperative work for the organization.

Furthermore, the need of bringing the Doha Round talks, which collapsed in 2006, to a prompt and successful conclusion, would also be emphasized at the meeting.

The meeting will help promote trade and investment liberalization in the region, apart from helping the logistics system.