President Clinton Arrives in New Zealand for Asia-Pacific Economic Conference

President Clinton's visit to New Zealand is set to address tense discussions about Chinese trade, the Russian money laundering scandal, and violence in East Timor. "The will of the people of East Timor must not be thwarted," Mr. Clinton stated, following his decision to suspend military contacts between Indonesia and the United States. The conference will bring together leaders of 21 nations, accounting for 45 percent of the world's trade, to discuss key economic issues.

Key Takeaways:

  • The Asia-Pacific economic conference in New Zealand will focus on tense discussions about Chinese trade, the Russian money laundering scandal, and violence in East Timor.
  • President Clinton has suspended military contacts between Indonesia and the United States in support of the people of East Timor.
  • The conference will bring together leaders of 21 nations, accounting for 45 percent of the world's trade.
  • The trip's key talks may occur this weekend, before Monday's one-day conference.
  • President Clinton will meet with Chinese President Jiang Zemin to discuss China joining the World Trade Organization.
  • The relationship between the United States and China has become more tense in recent months, particularly due to the NATO jets' mistaken strike on the Chinese Embassy.
  • President Clinton will meet with Russian Prime Minister Vladimir Putin to discuss arms control and combating crime and corruption.
  • The United States will seek further trade talks to expand market access and trade in agriculture, services, and high-technology sectors, and a reduction of industrial tariffs.

Statistics:

  • 21 nations will attend the conference, accounting for 45 percent of the world's trade.
  • The conference will be attended by leaders from nations accounting for 45% of global trade.
  • 3 people were killed in the NATO jets' mistaken strike on the Chinese Embassy.
  • 1 of the key talks will focus on the accession of China to the WTO.
  • 45 percent of the world's trade will be represented by the 21 nations attending the conference.

Sources:

  • The New York Times, exact date not specified
  • The New York Times, exact date not specified
  • The Washington Post, exact date not specified