MNI BRIEF: China Calls On APEC To Support WTO Reforms

China has called on APEC members to promote World Trade Organisation reform, including the early inclusion of the Investment Facilitation Agreement and the E-Commerce Agreement into the organisation's legal framework, the Ministry of Commerce said on Friday, citing comments made by Li Chenggang, international trade negotiator and vice minister at the 31st APEC Trade Ministers Meeting in South Korea.

Li discussed China’s application to join the Digital Economy Partnership Agreement (DEPA) with current members, highlighting China's determination, ability and actions to meet the high standards of the agreement.

Any re-start to a shelved trade agreement between the EU and China would require significant updates to reflect the current geo-political, regulatory and economic environment, a top European business leader in Beijing told MNI. (See MNI INTERVIEW:China Agreement Would Need Overhaul)