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

Setting up a drone for flight. Photo supplied

How Cambodia's first drone company is helping farmers

SM Waypoint claims its unmanned aerial vehicles can help local farm and plantation owners increase their yields. Established in September 2015, SM Waypoint now has seven drone pilots, two sales staff and two accountants. Though the company focuses mainly on agricultural projects, the potential uses of the drones are extremely varied, going from measuring exact land height for building drainage systems to finding the most suitable location for special economic zones (SEZs) or factories.

New street food dish shakes things up at Russian Market

Though the bustling food stalls that emerge after dark next to Phnom Penh's Russian Market can seem intimidating to tourists at first glance, there are street food treats to be enjoyed by all, from Kep crab to a new shrimp dish created by the market's owners.

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern