APEC Ministers Agree on Digital Trade, AI and Supply Chains in China Talks
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APEC trade ministers have agreed on a range of issues in the eastern Chinese city of Suzhou, including digital trade, AI cooperation, supply-chain resilience and a new services roadmap aimed at reducing barriers to services trade and supporting growth and jobs.
The consensus was reached at the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting, held amid rising trade restrictions and geopolitical tensions weighing on global and regional growth.
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- APEC trade ministers in Suzhou agreed on digital trade, AI cooperation, supply-chain resilience, and a new services roadmap to reduce trade barriers and support growth.
- They supported WTO e-commerce negotiations and implementation of the Investment Facilitation for Development Agreement.
- Pledged to narrow the digital divide by improving infrastructure, skills, and helping small firms use digital platforms and AI technologies.
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