During their summit, the ministers of the Pacific Rim countries approved a series of security measures initiated by the United States and condemned terrorism. The foreign and trade ministers participating in the Asia-Pacific Economic Cooperation summit in Mexico agreed on actions to enhance travel and shipping security. They also identified terrorism as a threat to the economic stability of the Asia-Pacific Economic Cooperation and a threat to the security of the Pacific Rim countries. Member countries of the Asia-Pacific Economic Cooperation have been severely affected by the recent terrorist incident in Moscow and the previous month's terrorist attack in Bali, which resulted in nearly 200 deaths from the explosion. The leaders of the Asia-Pacific Economic Cooperation member countries are set to begin their meeting on Saturday in Cabo San Lucas. President Bush will also arrive on Saturday and hold separate meetings with several world leaders.
Leaders of Asia-Pacific Economic Cooperation Summit - 2002-10-25
The ministers of the Pacific Rim countries at the APEC summit approved U.S.-initiated security measures and condemned terrorism, recognizing it as a threat to economic stability. The meeting follows recent terrorist attacks in Moscow and Bali, which have impacted member countries. The leaders' summit is scheduled to begin in Cabo San Lucas, with President Bush attending.
👥 Key Players
📰 What Happened
The ministers of Pacific Rim countries at the APEC summit approved U.S.-initiated security measures and condemned terrorism, recognizing it as a threat to economic stability. This decision follows recent terrorist attacks that have affected member countries.
- The APEC summit took place in Mexico.
- Recent terrorist incidents in Moscow and Bali prompted discussions on security.
💡 Why It Matters
📚 Background
The APEC forum focuses on promoting free trade and economic cooperation among member countries, and security issues have increasingly become a priority in the wake of global terrorism.
🏷️ Entities Mentioned
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Translation confidence: 85%