Businesses urged to tackle crisis

LIMA: The 2008 CEO Summit of the Asia-Pacific Economic Cooperation (APEC) forum closed on Saturday with an appeal for joint action to tackle the global financial crisis and facilitate trade liberalization.

During the two-day meeting, leaders and business dignitaries from the 21 APEC member economies conducted comprehensive dialogue under the theme of "Growth, Equity and Sustainable Development: Challenge for APEC."

President Hu Jintao on Friday urged the APEC business community to play "an important role" in coping with the ongoing financial crisis.