Resolution submitted by the delegations of the People's Republic of China and Perú
The Fifth Annual Meeting of the Asia Pacific Parliamentary Forum, held in the City of Vancouver, Canada;
Welcoming the positive results achieved in the Fourth APEC Informal Leadership Meeting and the Eighth APEC Ministerial Meeting held in the Republic of the Philippines.
Recognising further the importance of strengthening economic and technical cooperation while emphasizing trade and investment liberalization in the Asia Pacific region.
Conscious of the need to promote the integration of the member countries of the APPF into other mechanisms of cooperation related to the Asia Pacific region.
Taking into consideration the results of the Eighth Meeting of Ministers and the Fourth Informal Meeting of APECīs Leaders, held in Manila, the Philippines, on 22-25 November 1996; and in accordance with the deliberations and agreements established during the Third Meeting of the Asia-Pacific Parliamentary Forum, held in Acapulco, Mexico on 12-14 of January 1995,
- Express their satisfaction for the important progress achieved in the Eighth Meeting of Ministers and the Fourth Informal Meeting of APECīs Leaders, held in the Philippines, on 22-25 November 1996 among which should be highlighted the removal of the moratorium imposed during the Seattle Summit, which will permit the admission of new members to APEC on the basis of adopted criteria, including Peru and Vietnam.
- Call for reinforcing economic and technical cooperation in the Asia Pacific region on the basis of equality, mutual benefit and complementary, so as to achieve common prosperity for all countries and regions, especially to enhance the economic capabilities of the developing countries and regions in order to narrow the gap with the developed countries.
- Emphasize that the economic and technical cooperation in the Asia Pacific region should be done with the APEC approach, especially should recognize the diversity; emphasize flexibility, gradual progress and openness; adhere to mutual respect, equality, mutual benefit, consensus and voluntarity.
Adopted unanimously on January 9, 1997, Vancouver.