Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Oxfam warning

Oxfam warning

Leaders from Asia-Pacific Economic Cooperation (APEC) countries should take the opportunity

to push forward a development agenda at their meetings this week in Hanoi, said international

agency Oxfam on November 15. They should avoid signing free trade deals with the

US or among their members that do not take into account the development needs of

poorer countries.

"APEC should think carefully about creating a regional free trade zone,"

warned Matthew Coghlan, Regional Trade Policy Officer for Oxfam.

"APEC is made up of both developed and developing countries. A free trade agreement

based on the US model, with deep and rapid liberalization, and WTO-plus provisions

and commitments, will pose problems for the latter as they seek to develop."

Free trade deals with WTO-plus conditions can block access to affordable medicines

by including stringent intellectual-property rules and also tend to favour foreign

investors over the environment and the public interest, he said.

0

Comments

Please, login or register to post a comment

Latest Video

Bodies of Cambodian peacekeepers returned to Kingdom

The bodies of four Cambodian peacekeepers killed by a Christian militia in Central African Republic were repatriated to the Kingdom and honoured in an airport ceremony on May 21.

Phnom Penh eats: Ptas Nak Battambang

As the name suggests, Ptsa Nak Battambang – which in English means Battambang's house – is the right place for those who want to try some of the province's typical dishes in Phnom Penh.

Opposition leader Kem Sokha speaks at a rally yesterday in Kampong Chhnang provinc

Opposition leader Kem Sokha said in an interview yesterday that his party is aiming to win more than 60 percent of the votes cast at the June 4 com