- The Lobby
- Extra Times
No negotiations on APEC membership
Even though the Asia-Pacific Economic Cooperation (APEC) moratorium on new membership expired at the end of last year, there are no ongoing negotiations on Macau’s application.
“There are no current negotiations with Macau or the other 10 applicants. This issue is a matter for APEC leaders themselves,” an APEC spokesperson told Macau Daily Times.
Macau submitted its application for APEC membership before the 1999 handover, still during the Portuguese administration, the office of secretary for Economy and Finance, Francis Tam Pak Yuen, confirmed to MDTimes.
However, when asked if the MSAR was still interested in joining APEC and if the local authorities had discussed this possibility with the Central Government, Tam’s office twice declined to reply.
In 1997 APEC leaders decided to freeze the admission of new members in order to “lay firm foundations for the future given the considerable number of members,” 21.
Macau is one of 11 economies to have officially applied for membership, along with India, Bangladesh, Pakistan, Macau, Mongolia, Laos, Panama, Colombia, Costa Rica, Sri Lanka and Ecuador.
Hong Kong and mainland China have been members of APEC since 1991.
The territory has been an official guest participant of the APEC working groups since 2001, Tam’s office stressed the MSAR is currently taking part in four groups: small and medium enterprises; industrial science and technology; tourism; and transportation.
Last November the APEC leaders decided in a meeting in Yokohama, Japan, not to extend the moratorium, which expired at end of 2010.
In their declaration, they stated: “Keeping in mind the benefits of APEC membership as well as the need for efficiency to achieve results, we will continue to review the question of APEC new membership going forward.”
Responsible Right of Expression — In the interest of freedom of expression, coupled with a true sense of responsibility to encourage community dialogue, the Macau Daily Times offers its readers the opportunity to express their opinions on new-related matters through this website. All opinions are welcome. However, we reserve the right to remove comments that are deemed to be obscene, or are merely insults written under the cloak of anonymity. MDT
- China Music Awards: Cotai Arena stage packed with Chinese and international stars
- AL Plenary Lawmakers grill Florinda Chan over public servant contract bill
- Int’l market expansion group sees opportunity in town
- Luk Fook same-store sales in Macau and HK drop 12 pct
- RED STUDIO: Giving busy Macau a taste of performing and creative arts
- Survey finds majority of students lack reading habits
- MCTV entitled to compensation if concession not renewed
- AL vows for differentiated pensions for ex-top officials
- BRIEFS: 13th Plan to have chapter dedicated to SARs
- ATM network temporary shutdown affects locals both here and abroad
- Residents less than satisfied with environment
- Boxing ‘Featherweight Fury’ hits Macau with three world title fights
- MSAR asks Beijing for territorial waters and land from Hengqin
- AS REPORTED BY MDT: Neptune owner’s wife detained following tightened grip on junkets
- IFT and Dusit Thani College partner to organize exchange program