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"Although, the demand for long-lasting manufactured goods sprang back more than expected in May with an increase in a gauge of planned business spending, this momentum is not likely to be sustained due to a staggering global economy."

Trade Ministers from the APEC member economies issued an actions statement following their meeting in Hanoi.

The Forum's official programme was developed in collaboration with over 500 leading experts from Russia, Europe, the United States, Asia, and Australia - including academic institutions, development organisations, and business community from all over the world.