IV. OTHER MATTERS

Preparation for the Eighth Ministerial Meeting

51. Ministers thanked the Republic of the Philippines for the valuable briefing on the preparations for the Eighth APEC Ministerial Meeting to be held in Manila in 1996.

Venues for future APEC Meetings

52. The Ninth and Tenth Ministerial Meetings will be held respectively in Canada in 1997 and in Malaysia in 1998. Ministers welcomed the offer of New Zealand to host the Eleventh Ministerial Meeting in 1999.

53. Mr. Kono, in his closing statement, observed that APEC was now advancing on to a new stage where the Bogor objectives will be translated, step by step, into reality through the implementation of the Action Agenda. He noted that APEC will accordingly evolve further as an organization, with the active engagement of the business/private sector. He called upon the Ministers to continue to provide political guidance to the APEC process, and to stay in close contact to that end.

54. Ministers and their delegations expressed their heartfelt appreciation to Japan for the warm and generous hospitality extended to them and the excellent facilities and arrangements made available for the Meeting.

|I. THE ACTION AGENDA |
| II. DEVELOPMENT OF APEC ACTIVITIES | III. ORGANIZATIONAL ISSUES |

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