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mahathir -- good sign that he's coming will be hard for him to embarrass Suharto on home
ground
suspicious of APEC -- sees it as problem for his group
thinks move too fast
no competition for GATT because
all Asian economies based on global trading
APEC demonstrates commitment to global trade
will failure of GATT be a problem
we'd like to have yes, but it doesn't harm us
we'll go in with good APEC credentials
value of statement is specific target date and goal to strive for
APEC
Building Blocks:
implement Uruguay round
customs/standard procedures
lower cost of doing business in region
bring China in - expose to market - bring up to high standard of international
commercial conduct
within Asia - not same level of financial discussion - not big players in IMF - no regional
Bentsen chaired 1st APEC finance ministers ever -- called for:
mobilization of capital
meeting of private financiers
BC raise human/worker rights issues?
but take into account entire visit
separate APEC from human rights
There are other forums for democracy issues:
Azian post meeting
Indonesia -- greatest trilateral problems
E. Timor - concerned with troops/status
labor rights - unions/strikes
human rights
Kantor and GSP almost the same as China MFN
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