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At the
Retreat Session, His Majesty and
other APEC leaders discussed ways to
advance free trade and investment
liberalization and facilitation, and
in particular the Leaders emphasized
the importance for achieving a
successful conclusion of the Doha
Development Agenda by the end of
2006. The Leaders also agreed to
release a Joint Statement on the
Doha Development Agenda.
His Majesty extended appreciation to
President Roh Moo-hyun for the
excellent arrangements made for the
APEC Economic Leaders’ Meeting. His
Majesty said that APEC 2005
represented a test for APEC
economics to continue to make
progress in free trade in view of
the global challenges the world was
facing such as natural disasters and
Avian Influenza which had an impact
on the people’s economic livelihood.
His Majesty stressed Brunei
Darussalam’s support of the
Multilateral Trading System
particularly the Doha Development
Agenda as it offered benefits for
developing countries, and therefore
supported the Statement on the Doha
Development Agenda.
His Majesty also expressed support
for initiatives undertaken by a
number of economies to further
accelerate the free flow of trade
such as the P4 that included Chile,
New Zealand, Singapore and Brunei
Darussalam.
His Majesty also conveyed strong
support for APEC’s long-standing
call for emphasis to be placed on
capacity building throughout its
work programmes especially in the
area of Economic and Technical
Cooperation. In this regard, His
Majesty welcomed the Busan Roadmap
to Bogor Goals and thanked the
Republic of Korea for its leadership
in developing the Roadmap. |