Pacific Rim Leaders Note Lagging Trade, Support WTO Talks

Law360, New York (October 8, 2013, 2:49 PM EDT) -- The U.S. and a number of other Pacific Rim leaders said Tuesday that in light of weakening global trade, they would continue to work toward reducing barriers, and vowed support for multilateral negotiations through the World Trade Organization.

In a joint statement following meetings in Bali, Indonesia, leaders of the 21 economies in the Asia Pacific Economic Cooperation said that despite policy actions they have taken to help improve the global economy, worldwide economic growth has remained “too weak.” Pointing to those concerns, the APEC members...
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