Statement by APEC [Asia-Pacific Economic Cooperation] Leaders: A New Growth Paradigm for a Connected Asia-Pacific in the 21st Century [November 15, 2009]   [open pdf - 39KB]

From the Asia-Pacific Economic Cooperation (APEC) Leaders Statement on November 15, 2009: "We, the Leaders of APEC, gathered in Singapore to chart a new growth paradigm for the Asia-Pacific region that meets the needs of the 21st century global economy. The global economy has begun to recover, with the Asia-Pacific region taking the lead. But we cannot go back to 'growth as usual' or 'trade as usual'. The post-crisis landscape will be different. We need a new growth paradigm. We need a fresh model of economic integration. We will pursue growth which is balanced, inclusive, and sustainable, supported by innovation and a knowledge-based economy, to ensure a durable recovery that will create jobs and benefit our people. We will take a more comprehensive approach to regional economic integration, to meet the needs of our businesses and to keep up with new trends in cross-border trade and investment. We will seek to conclude the Doha Round in 2010 and reject all forms of protectionism."