21. Since then, other member economies have also balked at supporting the pact. 22. Tajudin also pointed out that all three parties were from Apec member economies and therefore, there should be co-operation among the parties concerned. 23. The lists had been distributed to APEC member economies, and Japan would welcome a similar list from Australia reflecting the experiences of Australian businesses. 24. The meeting came out with the Bogor Declaration, which said member economies would try their best to establish free trade in the Asia Pacific region. 25. The ministers called for more transparency and disclosure standards within the member economies, as well as private financial institutions and hedge funds. 26. The ministers called for more transparency and disclosure standards within the member economies, as well as private financial institutions and highly leveraged hedge funds. 27. The report by Abac contained suggestions on various ways to cope with the financial instability in member economies, which it hopes will be adopted by the Apec leaders. 28. We welcome the initiatives of member economies and further instruct ministers to undertake concerted efforts towards the implementation of this Action Program. 29. We therefore call for the adoption by member economies of internationally recognized principles for enhancing supervision of banking systems and securities markets. 30. He admitted that there might be some competition emerging among APEC developing member economies for these capital flows. |
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