Word: summiteer
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Dates: during 2000-2009
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...list. And the U.S.'s ability to push back may be limited. Much of the fuel and food aid Pyongyang is now getting comes from South Korea and China. South Korean President Roh Moo Hyun has no incentive to anger Kim now that the two have agreed to a summit in Pyongyang in October. And the Chinese, in this their glorious Olympic year, have already pocketed the idea that the North Korea issue is settled and done with. The last thing Beijing wants is a ruckus over who agreed to what and when...
...Bush had a long-planned trip to the Asia Pacific Economic Cooperation summit in Sydney, and moved his departure up a day to make the Iraq stop. Journalists expecting to travel on Air Force One to Sydney were contacted in secret Saturday afternoon, told that a trip to Iraq was to take place the next day and were asked to tell no one except a single editor and their spouse. Bush left the White House by car (rather than helicopter) Sunday after 7 p.m. without a motorcade. At Andrews Air Force Base he boarded Air Force One in its hangar...
...summit's most practical results are likely to come in the area of structural reform, which even Colin Heseltine, director of the APEC Secretariat in Singapore, describes as "rather dry." So far the organization has focused on reducing red tape, tariffs and other barriers between borders. It now wants to move behind borders, helping members harmonize their approach to business competition and regulation, product standards and corporate governance. A recent study at the Australian National University's College of Asia and the Pacific estimated that fully implementing such reforms would add over $100 billion a year to APEC's collective...
...Making climate change a priority at the leaders' summit was "a mistake," says John Edwards, chief economist in Australia for the HSBC financial group. Since the U.N. already has a framework for addressing the issue, he argues, APEC's impact will be negligible. Meanwhile, "they have missed the opportunity to do something serious on the issue of trade, by advancing the concept of an overarching free-trade agreement for the region...
...Critics say APEC's successes are vague and its influence fading. Former Australian P.M. Paul Keating, who helped convene the first leaders' summit in 1993, has slammed APEC as "a talk shop of debatable output." The region has other forums, notably the 16-member East Asian Summit. But, says HSBC's Edwards, only APEC "includes both China and the U.S. and all the economies that have most to lose if their relationship broke down. There are all sorts of points of tension between the two that can be modulated by the diplomacy of the others." With many members allied with...