Spur Green Growth with Lower Trade Barriers in Asia Pacific

The United States, taking the helm of the APEC forum, hopes to spur green growth in the Asia-Pacific region by knocking down trade barriers on environmental goods. Senior officials from the 21-member Asia Pacific Economic Cooperation forum meet in Washington to kick off a year that will culminate in a November summit in Hawaii and Secretary of State Hillary Clinton will address the forum on Wednesday to outline the US strategy. Muhamad Noor, executive director of APEC, said that the United States wanted to produce “deliverables.”
AFP March 9, 2011, 8:00 am

WASHINGTON (AFP) – The United States, taking the helm of the APEC forum, hopes to spur green growth in the Asia-Pacific region by knocking down trade barriers on environmental goods, a senior official said Tuesday.

Senior officials from the 21-member Asia Pacific Economic Cooperation forum are meeting this week in Washington to kick off a year that will culminate in a November summit in Hawaii. Secretary of State Hillary Clinton will address the forum on Wednesday to outline the US strategy.

Muhamad Noor, executive director of APEC, said that the United States wanted to produce “deliverables.” Last year’s summit in Yokohama, Japan, called for progress on a long-mooted idea of a trans-Pacific free trade zone.

Noor, a veteran Malaysian trade negotiator, said that President Barack Obama’s administration was putting a priority on green growth and on helping both sides of the Pacific to “transition to a clean energy future.”

“APEC will accelerate efforts to address barriers to trade in environmental goods and services,” Noor told reporters.

“It will also seek to remove barriers related to the importation of advanced technology demonstration products such as vehicles and remanufactured and recycled goods,” he said.

APEC includes China and the United States, which are by far the world’s two biggest emitters of carbon blamed for the planet’s steadily rising temperatures.

Noor said that APEC, sometimes criticized as a talking shop, did not intend to supplant the United Nations Framework Convention on Climate Change which is leading talks on an elusive successor to the Kyoto Protocol, but would seek to boost trade.

“If you are able to make this technology available to the developing nations, I think it will be a major contribution to the environment,” Noor said.

“APEC will continue to work in our traditional way, building consensus on this,” he said.

Most nations agree on the need for technology transfer, but the details have been controversial during climate negotiations.

Wealthy nations want assurances that developing economies will respect intellectual property rights. Many developing states, meanwhile, say climate assistance should not be a substitute for wealthy states curbing carbon emissions.

UN-led talks in December in Cancun, Mexico, made headway, with nations agreeing to set up a new fund under the World Bank to administer billions of dollars in climate assistance.

Source: www.au.news.yahoo.com