APEC leaders agree to address 'unfair trade practices'

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Asia-Pacific leaders have agreed to address "unfair trade practices" and "market distorting subsidies," according to a joint statement issued by 21 economies of the Asia-Pacific Economic Cooperation (APEC) after their meeting in Vietnam.

"We will work together to make trade more inclusive, support improved market access opportunities, and address unfair trade practices," the statement read.

"We urgently call for the removal of market-distorting subsidies and other types of support by governments and related entities."