Source:
Associated PressNovember 19, 2008]
Bush looking for help on his last APEC summit
(Associated Press WorldStream Via Acquire Media NewsEdge)
WASHINGTON_President George W. Bush does not see his final Asia-Pacific summit this week in South America as a farewell but rather a chance to enlist more nations in the battle against a financial crisis that threatens to pull the world economy into a severe economic recession.
In a pre-trip briefing, Bush administration officials said Wednesday that the president was focused on getting more nations to sign on to a broad action plan adopted in Washington last weekend by the Group of 20 nations. He also will have one-on-one talks with the leaders of Russia, China, South Korea and Japan.
Bush leaves Friday for a three-day trip to Lima, Peru, where he will attend the 21-nation Asia Pacific Economic Cooperation forum, likely his last summit with world leaders.
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The White House officials said there would be a major push in the APEC talks to build momentum for reaching agreement by the end of December on a broad framework for the current round of global trade talks, known as the Doha round. However, analysts believe accomplishing that goal is unlikely given that most nations would prefer to wait to strike any deals with the incoming administration of President-elect Barack Obama.
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