Singapore, 14-15 November 2009

• We, the Leaders of APEC, gathered in Singapore to chart a new growth paradigm for the Asia-Pacific region.
• The global economy has begun to recover, with the Asia-Pacific region taking the lead. But we cannot go back to “growth as usual”.
• We need a new growth strategy – one that meets the needs of the 21st century global economy.
• We will pursue growth which is balanced, inclusive, and sustainable, to ensure a durable recovery that will create jobs and benefit our people.
• We endorse the goals of the G20 Framework for Strong, Sustainable and Balanced Growth.
• To achieve balanced growth, we will implement structural reforms to gradually unwind global imbalances and raise the potential output of our economies.
• To achieve inclusive growth, we will broaden our people’s access to economic opportunities and build their resilience against economic shocks.
• To achieve sustainable growth, we will work towards an ambitious outcome in Copenhagen and ensure that efforts to mitigate climate change are consistent with our international trade obligations.
• We also need an enhanced model for regional economic integration – one that meets the needs of our businesses and keeps up with new trends in cross-border trade and investment.
• We will take a comprehensive approach to economic integration that will combine trade liberalisation “at the border”, improving the business environment “behind the border”, and enhancing supply chain connectivity “across the border”.
• We will seek to conclude the Doha Round in 2010 and reject all forms of protectionism.
• Free trade and open markets are key for the continued prosperity of the Asia-Pacific economies.  APEC remains unwavering in its resolve to achieve the Bogor Goals of free and open trade and investment.