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Xi defends globalisation against Trump’s bilateral stance at APEC
Da Nang (Vietnam), Nov 10 (IANS) Chinese President Xi Jinping on Friday championed the “cause of globalisation” at the Asia-Pacific Economic Cooperation (APEC) forum in contrast to US President Donald Trump who advocated for “bilateral policies”.
“Over the last few decades, economic globalisation has contributed significantly to global growth. Indeed, it has become an irreversible historical trend,” Xi said during the APEC summit meeting in Vietnam.
He called for economic globalisation that is more “open, inclusive, balanced, fair and beneficial” for all, Efe news reported.
Xi called for greater trade integration in the Asia and Pacific region and for global trade based on multilateralism.
He further stressed the need for a vision of multilateral trade that allowed developing members greater benefits from trade and investment.
While speaking at the meeting, the US President criticised multilateral agreements such as the Trans-Pacific Partnership, from which he pulled out in January, and advocated for “bilateral trade agreements” based on fairness and reciprocity.
Trump further spoke against large scale agreements which “tied our hands and surrendered our sovereignty”.
“Many opportunities for mutually beneficial investments were lost because people could not trust the system. We can no longer tolerate these chronic trade abuses, and we will not tolerate them,” Trump said.
He claimed that in the past his country opened its economy without imposing any conditions but this attitude was not reciprocated and denounced that the World Trade Organisation had admitted members who did not follow the rules of the institution.
The APEC, founded in 1989, has agreed to establish a free trade network between its 21 member economies by 2020.
The APEC is made up of Australia, Brunei, Canada, Chile, China, South Korea, the US, the Philippines, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Russia, Singapore, Taipei, Thailand and Vietnam.
The bloc accounts for 59 per cent of global GDP, 49 per cent of global trade and constitutes a market of around 2.85 billion consumers.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.