APEC says states should cut tariffs on medical gear during pandemic – dpa international

Hand sanitiser dispenser inside a café in Kuala Lumpur (Simon Roughneen)

KUALA LUMPUR — The 21 member-states of the Asia Pacific Economic Cooperation body (APEC) should “consider the elimination or reduction” of tariffs on medical equipment needed to fight the new coronavirus pandemic, the group’s Singapore-based secretariat said on Wednesday. Warning of a “severe shortage” of “life-saving products” such as  face masks, hand soap, sanitizers and personal protective equipment (PPE), the secretariat said that its members – including China, Japan and the United States, the world’s three biggest economies – could agree to “an APEC-wide standstill.” According to the World Trade Organization (WTO), the average tariff on “protective supplies used in the fight against Covid-19” is 11.5 per cent.