prime minister thaksin shinawatra，
distinguished colleagues，
it is a great pleasure for me to come to bangkok and join you in this apec meeting.let me begin by expressing my sincere thanks to prime minister thaksin and the government of thailand for the thoughtful arrangements in putting this event together.
the international situation has been undergoing profound changes. peace and development remain the dominant themes of our times and the popular aspirations of people of all lands. but the world we live in is anything but tranquil.uncertainties that impede peace and development still exist. local conflicts continue to pose threats to the security and stability of regions and the world as a whole. non-traditional security concerns such as terrorism and trans-boundary crimes are quite pronounced.over the past year， the global economy has rebounded somewhat. but burdened by cyclical and structural factors， the recovery is rather slow-paced. it is gratifying to know that our asia-pacific region has maintained a sound momentum of economic growth with a positive prospect of further expansion.
apart from reviewing the past， we should， more importantly， look to the future and come up with new ideas and new initiatives for jointly promoting economic development in the asia-pacific and the whole world and for strengthening cooperation among apec members.in this connection， i would like to offer three propositions.
first， we shoul
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