US President George W. Bush and other Asia-Pacific leaders meet in Chile this week to grease rusty world trade talks, suppress terror and prod North Korea to abandon a nuclear weapons program.
Top guests at the heavily secured Nov. 20-21 summit of the Asia-Pacific Economic Cooperation (APEC) forum are Bush, on his first foreign trip since re-election, Russian President Vladimir Putin, Chinese President Hu Jintao and Japanese Prime Minister Junichiro Koizumi.
PHOTO: CHU PEI-HSIUNG, TAIPEI TIMES
Chile is deploying 3,500 police and monitoring national airspace for the meeting, say officials in Santiago. Special immigration checks are being implemented. Hotel guest lists will be scrutinized.
In the run-up to the summit, senior officials were holding a meeting yesterday and today. Trade and foreign ministers -- including US Secretary of State Colin Powell -- gather Nov. 17-18.
APEC organizers say the big issues are: how to deal with a growing web of one-on-one and regional free-trade deals; how to secure people against terrorism and diseases such as SARS; anti-corruption measures; and enhancing financial markets.
When the leaders gather, they usually set their own agenda, analysts said.
Among the major issues to be discussed are:
TRADE
Business executives have asked APEC leaders to consider setting up a Free Trade Area of the Asia Pacific.
"I think that is going to be the big issue," said Fred Bergsten, director of the Institute for International Economics.
"I think it is a very good idea. I think the US government should push it. I think there is a good chance that it will be accepted next week and that new initiative will get rolling."
A regional free trade area would get APEC's laggardly trade liberalization schedule back on track, he said.
It also would be "the best possible shot in the arm for a successful WTO negotiation because it would alert the Europeans and others to the risk that the APEC countries, like 10 years ago, were getting serious about their own liberalization, and the rest of the world would therefore have a huge incentive to do it multilaterally to avoid new discrimination."
NORTH KOREA
It may come up with APEC or in one-on-one talks on the sidelines, but analysts said "axis of evil" member North Korea's nuclear weapons program will likely be on Bush's agenda.
Five members of the six-party talks on North Korea's program -- with the exception of North Korea itself -- will be at the summit.
Bush plans to discuss the issue in a meeting with South Korean President Roh Moo-Hyun, said Jane Skanderup, analyst at the Honolulu, Hawaii-based Pacific Forum Center for Strategic and International Studies.
"Many people are hoping that there will be a very strong statement from South Korea and the US urging North Korea back to the talks. And even better if China and Japan and Russia, [who] will all be present at APEC -- they are the other members of the six party talks -- would also sign on to that," she said.
ANTI-TERRORISM EFFORTS
APEC talks will likely focus on terrorism's impact on the economy, analysts said.
The US may also push for an anti-corruption agreement to clean up murky financing, they said.
US officials appeared satisfied with a program in which their customs officials were pre-inspecting US-bound exports from Asian shipping ports, according to Edward Lincoln, senior fellow at the Washington-based Council on Foreign Relations.
On the sidelines, Lincoln also expected Bush to discuss identified terrorism hotspots, particularly in Indonesia and the Philippines.
Fifteen years after its inception, analysts generally believed APEC had been useful, but not very much.
"Its achievements have been decidedly modest. That said, I think we are better off with it than without it," Lincoln said.
APEC groups together Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the US and Vietnam.
Rainfall is expected to become more widespread and persistent across central and southern Taiwan over the next few days, with the effects of the weather patterns becoming most prominent between last night and tomorrow, the Central Weather Administration (CWA) said yesterday. Independent meteorologist Daniel Wu (吳德榮) said that based on the latest forecast models of the combination of a low-pressure system and southwesterly winds, rainfall and flooding are expected to continue in central and southern Taiwan from today to Sunday. The CWA also warned of flash floods, thunder and lightning, and strong gusts in these areas, as well as landslides and fallen
WAITING GAME: The US has so far only offered a ‘best rate tariff,’ which officials assume is about 15 percent, the same as Japan, a person familiar with the matter said Taiwan and the US have completed “technical consultations” regarding tariffs and a finalized rate is expected to be released soon, Executive Yuan spokeswoman Michelle Lee (李慧芝) told a news conference yesterday, as a 90-day pause on US President Donald Trump’s “reciprocal” tariffs is set to expire today. The two countries have reached a “certain degree of consensus” on issues such as tariffs, nontariff trade barriers, trade facilitation, supply chain resilience and economic security, Lee said. They also discussed opportunities for cooperation, investment and procurement, she said. A joint statement is still being negotiated and would be released once the US government has made
SOUTH CHINA SEA? The Philippine president spoke of adding more classrooms and power plants, while skipping tensions with China over disputed areas Philippine President Ferdinand Marcos Jr yesterday blasted “useless and crumbling” flood control projects in a state of the nation address that focused on domestic issues after a months-long feud with his vice president. Addressing a joint session of congress after days of rain that left at least 31 dead, Marcos repeated his recent warning that the nation faced a climate change-driven “new normal,” while pledging to investigate publicly funded projects that had failed. “Let’s not pretend, the people know that these projects can breed corruption. Kickbacks ... for the boys,” he said, citing houses that were “swept away” by the floods. “Someone has
‘CRUDE’: The potential countermeasure is in response to South Africa renaming Taiwan’s representative offices and the insistence that it move out of Pretoria Taiwan is considering banning exports of semiconductors to South Africa after the latter unilaterally downgraded and changed the names of Taiwan’s two representative offices, the Ministry of Foreign Affairs (MOFA) said yesterday. On Monday last week, the South African Department of International Relations and Cooperation unilaterally released a statement saying that, as of April 1, the Taipei Liaison Offices in Pretoria and Cape Town had been renamed the “Taipei Commercial Office in Johannesburg” and the “Taipei Commercial Office in Cape Town.” Citing UN General Assembly Resolution 2758, it said that South Africa “recognizes the People’s Republic of China (PRC) as the sole
RSS