ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
International relations

Ukraine war thwarts last APEC communique before leaders' summit

Some finance ministers draw link between Russia's invasion and inflation

The Ukraine war has overshadowed Thailand's year as host of the APEC meetings. (Photo by Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images)

BANGKOK -- The economic fallout from the war in Ukraine dominated another Asia Pacific Economic Cooperation meeting, as finance ministers gathered to discuss post-pandemic recovery amid record-high inflation in food and energy prices, supply constraints and tightening financial conditions.

Thai Finance Minister Arkhom Termpittayapaisith issued a chair's statement, as the 21 members were unable to agree on a joint communique. The consensus-based group has not issued such a message since this year's ministerial meetings began in May.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more