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APEC countries have extended an agreement on the rejection of protectionist measures in respect of trade until the end of 2018
The leaders of the states of the Asia-Pacific Economic Cooperation confirmed the desire to renounce any form of protectionism.
“We are extending our respective commitment until the end of 2018 and reaffirming our readiness to roll back protectionist and other restrictive measures on trade,” reads the declaration adopted at the end of the APEC summit in Beijing.
"We remain committed to maximum restraint in the implementation of measures that are consistent with the provisions of the WTO, but have a significant protectionist effect, as well as their early cancellation where they have already been applied," the document emphasizes.