Our country has been a member of the Organization for Economic Cooperation and Development for almost 30 years. Global economic issues are among the core elements of post- Cold War international relations and like other countries, we give priority attention to these issues. Our increasing dependence on international trade and the effects of world economic conditions on our domestic economy have led to a sharpened focus on international trade issues in the pursuit of our foreign policy.

Our economic and political future is linked closely with those of its Asian and other Pacific neighbors. Our trade, investment and technology transfer, in the form of joint ventures with such countries, continue to grow. Through regular, reciprocal, high-level exchanges of visits, our close contact with their governments continues, particularly with the government of the People's Republic of China. We take the view that peace and prosperity in the Asia-Pacific region depend on the ability of the region's countries to cooperate to maintain economic growth and political stability. We are keen to ensure the stability and security of this region and to develop mutually profitable trade, investment, technological exchanges and cooperation.




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