World leaders pledge to redouble pandemic fight at special APEC meeting | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
July 03, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JULY 03, 2025
World leaders pledge to redouble pandemic fight at special APEC meeting

World+Biz

Reuters
17 July, 2021, 03:00 pm
Last modified: 17 July, 2021, 03:10 pm

Related News

  • How a Gen Z gender divide is reshaping democracy
  • APEC adopts joint statement on trade as tariffs overshadow meeting
  • Which political parties have been banned across the world and why
  • Youth beaten to death over theft allegation in Cox’s Bazar: NCP leader among four arrested
  • Rajshahi Swechchhasebak League leader’s hand tendon severed by assailants

World leaders pledge to redouble pandemic fight at special APEC meeting

The APEC leaders met virtually to discuss collective actions to navigate the Covid-19 pandemic and its economic impacts

Reuters
17 July, 2021, 03:00 pm
Last modified: 17 July, 2021, 03:10 pm
Leaders attend the retreat session of the APEC Summit in Port Moresby, Papua New Guinea November 18, 2018. Photo :Reuters
Leaders attend the retreat session of the APEC Summit in Port Moresby, Papua New Guinea November 18, 2018. Photo :Reuters

Leaders of the Asia-Pacific trade group APEC, including US President Joe Biden, Russia's Vladimir Putin, and China's Xi Jinping, pledged on Friday to work to expand sharing and manufacturing of Covid-19 vaccines to fight the global pandemic.

The leaders, struggling to tame outbreaks exacerbated by the Delta variant of coronavirus, said they would encourage the voluntary transfer of vaccine production technologies "on mutually agreed terms" as the region prepared for future health shocks.

"The pandemic continues to have a devastating impact on our region's people and economies," the leaders said in a joint statement issued after a virtual meeting chaired by New Zealand.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"We will only overcome this health emergency by accelerating equitable access to safe, effective, quality-assured, and affordable Covid-19 vaccines," they said.

The APEC leaders met virtually to discuss collective actions to navigate the Covid-19 pandemic and its economic impacts.

New Zealand, the revolving Asia-Pacific Economic Cooperation host, said this week it would chair the extraordinary meeting ahead of a formal gathering in November, the first time such an additional meeting has been held.

"Our discussions moved us beyond vaccine nationalism. Now we are focusing on all aspects of contributing to the global vaccination effort — making vaccines, sharing vaccines and using vaccines," New Zealand Prime Minister Jacinda Ardern said after the meeting. She said the leaders agreed this will not be the world's last pandemic and that preparedness was critical.

The meeting highlights growing concerns around Covid-19, which is raging in the region as countries including Indonesia, Thailand and Australia face new waves of infections.

US-CHINA TENSIONS

The White House said Biden emphasized the importance of multilateral cooperation and his commitment to a free and open Indo-Pacific.

"President Biden also discussed the importance of investing in better global health security and preparedness so that we are ready the next time we face a pandemic," it said in a statement.

Putin told the group that global barriers to vaccine production and deliveries needed to be removed, and Japanese Prime Minister Yoshihide Suga expressed his determination to hold a safe and secure Olympics.

Despite their show of resolve, there are tensions among APEC members, most notably between the West and China - over issues ranging from the origins of the coronavirus to trade, Xinjiang, Hong Kong and the South China Sea.

Just as the meeting concluded, Washington announced sanctions on seven Chinese individuals over Beijing's crackdown on democracy in Hong Kong, its latest effort to hold Beijing accountable for what it calls an erosion of rule of law in the former British colony.

The United States and China have a troubled relationship and they have had little high-level, face-to-face contact under the Biden administration since a March meeting between senior officials in Alaska, where the Chinese side expressed anger at US sanctions announced just ahead of the talks.

White House spokeswoman Jen Psaki said China's Xi delivered pre-recorded video remarks at the meeting and was not in attendance. The Chinese embassy in Washington did not respond to a request for comment.

The APEC grouping includes the world's three largest economies and impoverished nations such as Papua New Guinea, as well as members at vastly different points in the Covid-19 cycle, providing further challenges for building consensus.

That consensus model of APEC has been tested in recent years, with the group unable to agree on a communique at their 2018 meeting in Papua New Guinea, driven by differences between China and the then US president, Donald Trump.

The 2019 APEC meeting in Chile was cancelled due to protests while the one in Malaysia last year was side-tracked as officials hastily organised a virtual meeting as the pandemic locked down the world.

In June, APEC trade ministers agreed to review trade barriers and expedite the cross-border transit of Covid-19 vaccines and related goods, but stopped short of a broad commitment to remove tariffs which New Zealand was pushing for.

There have been over 50 million cases of Covid-19 within APEC's borders, with over 1 million deaths. APEC-wide GDP contracted by 1.9% in 2020.

Top News

APEC / world / leader

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: Collected
    Court orders seizure of S Alam Group’s assets over Tk10,280cr defaulted loan
  • National Consensus Commission holds meeting on 2 July 2025. Photo: PID
    Presidential pardon, judiciary decentralisation, state of emergency top agenda on ninth day of Consensus Commission talks
  • Representational image. Photo: Collected
    3 beaten to death on suspicion of drug dealing in Cumilla

MOST VIEWED

  • Chief adviser’s Special Envoy for International Affairs and Adviser Lutfey Siddiqi
    Fake documents submission behind visa complications for Bangladeshis: Lutfey Siddiqi
  • Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration taken, on 9 December 2022. Photo: Reuters
    Bangladesh clears all dues to Adani Power
  • A file photo of the NBR Bhaban in Agargaon, Dhaka
    NBR officers gripped by fear as govt gets tough  
  • Controversial taxman Matiur’s rulings cost govt Tk1000cr in lost revenue
    Controversial taxman Matiur’s rulings cost govt Tk1000cr in lost revenue
  • History in women's football: Bangladesh qualify for Asian Cup for the first time
    History in women's football: Bangladesh qualify for Asian Cup for the first time
  • NBR Office in Dhaka. File Photo: Collected
    Govt sends 4 senior NBR officials on forced retirement

Related News

  • How a Gen Z gender divide is reshaping democracy
  • APEC adopts joint statement on trade as tariffs overshadow meeting
  • Which political parties have been banned across the world and why
  • Youth beaten to death over theft allegation in Cox’s Bazar: NCP leader among four arrested
  • Rajshahi Swechchhasebak League leader’s hand tendon severed by assailants

Features

Illustration: TBS

The buildup to July Uprising: From a simple anti-quota movement to a wildfire against autocracy

15h | Panorama
Illustration: TBS

Ulan Daspara: Remnants of a fishing village in Dhaka

2d | Panorama
Photo: Collected

Innovative storage accessories you’ll love

3d | Brands
Two competitors in this segment — one a flashy newcomer, the other a hybrid veteran — are going head-to-head: the GAC GS3 Emzoom and the Toyota CH-R. PHOTOS: Nafirul Haq (GAC Emzoom) and Akif Hamid (Toyota CH-R)

GAC Emzoom vs Toyota CH-R: The battle of tech vs trust

3d | Wheels

More Videos from TBS

US signs trade deal with Vietnam

US signs trade deal with Vietnam

1h | TBS World
Will Syria normalise relations with Israel?

Will Syria normalise relations with Israel?

14h | Others
Multinational companies' participation in the Israeli massacre in Gaza

Multinational companies' participation in the Israeli massacre in Gaza

15h | Others
July fighter Fahim doesn't want to be a burden.

July fighter Fahim doesn't want to be a burden.

15h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net