[asia-apec 492] Re: WTO: Malaysia Stresses Voluntarism

[Gatt Watchdog]

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From: "Mark Ritchie" <mritchie at iatp.org>
Subject: WTO: Malaysia Stresses Voluntarism
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>Date: Fri, 26 Jun 1998 00:19:20 -0700
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>Subject: WTO: Malaysia Stresses Voluntarism
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>                         Malaysia Stresses Voluntarism
     
>                      (Xinhua English Newswire; 06/22/98)
    
>
>   Malaysia Monday said the principles of voluntarism and flexibility
should be 
> maintained in implementing trade liberalization among Asia-Pacific
Economic  
>Cooperation (APEC) members.
>
>   The liberalization should be based on the capacity of different members,  
>especially related to the nine fast-track sectors chemicals, environmental  
>goods and services, energy, fish and fish products, forest products, gems
and  
>jewelry, medical equipment and instruments, toys and telecommunications
mutual  
>recognition arrangement, Malaysian International Trade and Industry
Minister  
>Rafidah Aziz told a news conference here Monday before the opening of the
APEC  
>Trade Ministers meeting.
>
>   She said Malaysia, the host of the forthcoming annual Informal meeting
of  
>APEC Leadership in November this year, subscribed to "progressive  
>liberalization." "We should not be too ambitious," she stressed.
>
>   The nine sectors were identified under the Early Voluntary Sectoral  
>Liberalization (EVSL) initiative.
>
>   She said the two-day trade ministers meeting which opens later Monday
will  
>take stock of the progress of work including on EVSL, Individual/Collective  
>Action Plans, Electronic Commerce and impact of trade liberalization as
well as 
> provide directions for future work on the issues.
>
>   Besides the nine sectors which were set on fast-track, she said the  
>ministers will also examine progress in the other six sectors automobiles,  
>civil aircraft, food, natural and synthetic rubber, fertilizers and
oilseeds  
>for liberalization.
>
>   The ministers will also have a dialogue with APEC Business Advisory
Council  
>(ABAC) on the collective response of APEC to ABAC recommendations which
contain 
> requests for measures to further liberalize and facilitate trade and  
>investment, Rafidah said.
>
>   She said the ministers will consider also how APEC could make further  
>contribution to the World Trade Organization (**WTO**) in light of the
outcome 
>of  the Second **WTO** ministerial conference.
>
>   The APEC's Membership includes Australia, Brunei, Canada, China, Chinese  
>Taibei, Chile, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico,
New  
>Zealand, Papua New Guinea, the Philippines, Singapore, Thailand and the
United  
>States.
>
>(Copyright 1998)
>
>                    _____via IntellX_____
>
>{A4:XinhuaEnglishNewswire-0622.02658}   06/22/98
>
>
>
>
>______________________________________________________________________
>
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Mark Ritchie, President
Institute for Agriculture and Trade Policy
2105 1st Ave. South,   Mpls, MN 55404 USA
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