14 Nov '11, 6am
APEC Summit Outcomes: TPP outline, green measures, US-China yuan discussions
The Asia-Pacific Economic Cooperation (APEC) leaders' summit has concluded in Honolulu. Leaders from nine economies, including the United States and Singapore, agreed on the broad terms to create an expanded Trans-Pacific Partnership (TPP) trade pact. Japan, Canada and Mexico meanwhile expressed interest in joining the TPP. Separately, all 21 APEC countries committed to a package of measures to promote green trade and sustainability. Finally, the US and China also discussed the value of the yuan in a bilateral meeting. Trans-Pacific Partnership Singapore Prime Minister Lee Hsien Loong has described the expanded TPP as a "safety raft" for the Asia-Pacific amid choppy economic waters.