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Gist of statement by APEC finance ministers+
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SINGAPORE, Nov. 12 (AP) - (Kyodo)—The following is the gist of the joint statement issued by the finance ministers of the Asia-Pacific Economic Cooperation forum on Thursday after their meeting in Singapore.

The APEC finance ministers:

-- resolve to remain vigilant until the economic recovery gains traction.

-- agree that the pace of implementing exit strategies should take into account different stages in the economic recovery of member economies.

-- will undertake monetary policies consistent with price stability in the context of market-oriented exchange rates that reflect underlying economic fundamentals.

-- will actively resist protectionist measures.

-- say APEC members with large external deficits pledge to undertake policies to support private savings and undertake fiscal consolidation.

-- say APEC members with significant external surpluses pledge to strengthen domestic sources of growth.