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Country leaders pose during the family photo session at the APEC Summit in Danang, Vietnam on Nov. 11.   © Reuters
Economy

APEC statement addresses Trump criticism of 'unfair trade'

Leaders call for removal of 'market distorting subsidies'

ERWIDA MAULIA, Nikkei staff writer | China

DANANG, Vietnam -- Leaders of the Asia-Pacific Economic Cooperation (APEC) member states called for reciprocal trade and a fight against "all unfair trade practices" on Nov. 11, a move heavily influenced by complaints from U.S. President Donald Trump. 

Concluding their two-day meeting the 21 country heads said in a joint statement that they remain committed to "free and open" trade and investment in Asia-Pacific, and to making trade "more inclusive". But at the same time they also pledged to fight against unfair practices.

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