Superpower rivalry blows the APEC summit to smithereens
NO ONE HASever before accused APEC of holding a drama-filled summit. An Australian foreign minister once described the body’s full name, Asia-Pacific Economic Co-operation, as “four adjectives in search of a noun”; others have called it “A Perfect Excuse to Chat”. The final communiqué put out by the 21 member economies is intended as a pistil of platitudes. So the failure to agree on a statement this year, in Port Moresby, Papua New Guinea, was significant.
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