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The Financial Express

World leaders pledge to redouble pandemic fight at special APEC meeting

| Updated: July 17, 2021 08:57:12


Australian Prime Minister Scott Morrison, Canada's Prime Minister Justin Trudeau, Chile's President Sebastian Pinera, Chinese President Xi Jinping, Russia's Prime Minister Dmitry Medvedev, Papua New Guinea's Prime Minister Peter O'Neill, Singaporean Prime Minister Lee Hsien Loong, Hong Kong Chief Executive Carrie Lam, Indonesian President Joko Widodo, Japan's Prime Minister Shinzo Abe Vietnam’s Prime Minister Nguyen Xuan Phuc and Malaysia Prime Minister Mahathir Mohamad pose for a family picture at the APEC Summit in Port Moresby, Papua New Guinea November 17, 2018. REUTERS Australian Prime Minister Scott Morrison, Canada's Prime Minister Justin Trudeau, Chile's President Sebastian Pinera, Chinese President Xi Jinping, Russia's Prime Minister Dmitry Medvedev, Papua New Guinea's Prime Minister Peter O'Neill, Singaporean Prime Minister Lee Hsien Loong, Hong Kong Chief Executive Carrie Lam, Indonesian President Joko Widodo, Japan's Prime Minister Shinzo Abe Vietnam’s Prime Minister Nguyen Xuan Phuc and Malaysia Prime Minister Mahathir Mohamad pose for a family picture at the APEC Summit in Port Moresby, Papua New Guinea November 17, 2018. REUTERS

Leaders of the Asia-Pacific trade group APEC, including US President Joe Biden, Russia's Vladimir Putin, and China's Xi Jinping, pledged on Friday to work to expand sharing and manufacturing of COVID-19 vaccines to fight the global pandemic.

The leaders, struggling to tame outbreaks exacerbated by the Delta variant, said they would encourage the voluntary transfer of vaccine production technologies "on mutually agreed terms" as the region prepared for future health shocks.

"The pandemic continues to have a devastating impact on our region’s people and economies," the leaders said in a joint statement issued after a virtual meeting chaired by New Zealand.

"We will only overcome this health emergency by accelerating equitable access to safe, effective, quality-assured, and affordable COVID-19 vaccines," they added.

The APEC leaders met virtually to discuss collective actions to navigate the COVID-19 pandemic and its economic impacts.

New Zealand, the revolving Asia-Pacific Economic Cooperation host, said this week it would chair the extraordinary meeting ahead of a formal gathering in November, the first time such an additional meeting has been held.

"Our discussions moved us beyond vaccine nationalism. Now we are focusing on all aspects of contributing to the global vaccination effort — making vaccines, sharing vaccines and using vaccines," New Zealand Prime Minister Jacinda Ardern said after the meeting. She said the leaders agreed this will not be the world's last pandemic and that preparedness was critical.

The meeting highlights growing concerns around COVID-19, which is raging in the region as countries including Indonesia, Thailand and Australia face new waves of infections.

US-CHINA TENSIONS

Putin told the group that global barriers to vaccine production and deliveries needed to be removed, and Japanese Prime Minister Yoshihide Suga expressed his determination to fellow leaders to hold a safe and secure Olympics.

Despite their show of resolve, there are tensions among APEC members, most notably between the West and China - over issues ranging from the origins of the coronavirus to trade, Xinjiang, Hong Kong and the South China Sea.

Just as the meeting concluded, Washington announced sanctions on seven Chinese individuals over Beijing's crackdown on democracy in Hong Kong, its latest effort to hold Beijing accountable for what it calls an erosion of rule of law in the former British colony.

The United States and China have a troubled relationship and they have had little high-level, face-to-face contact under the Biden administration since a March meeting between senior officials in Alaska, where the Chinese side expressed anger at US sanctions announced just ahead of the talks.

A senior Biden administration official said the president planned to use the forum to demonstrate his commitment to a free and open Indo-Pacific.

The grouping includes the world's three largest economies and impoverished nations such as Papua New Guinea, as well as members at vastly different points in the COVID-19 cycle, providing further challenges for building consensus.

That consensus model of APEC has been tested in recent years, with the group unable to agree on a communique at their 2018 meeting in Papua New Guinea, driven by differences between China and the then US president, Donald Trump.

The 2019 APEC meeting in Chile was cancelled due to protests while the one in Malaysia last year was side-tracked as officials hastily organised a virtual meeting as the pandemic locked down the world.

In June, APEC trade ministers agreed to review trade barriers and expedite the cross-border transit of COVID-19 vaccines and related goods, but stopped short of a broad commitment to remove tariffs which New Zealand was pushing for.

There have been over 50 million cases of COVID-19 within APEC's borders, with over 1.0 million deaths. APEC-wide GDP contracted by 1.9 per cent in 2020.

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