Abac

Hanoi (VNA) – The Asia-Pacific Economic Cooperation (APEC)’s Business Advisory Council (ABAC) has recommended APEC economies to unite and build a revitalised Asia-Pacific economic community. In a statement following a virtual meeting on November 17 ahead of the APEC Economic Leaders Meeting, ABAC said prioritisation of integration and trade friendly policies, innovation and inclusion are included in this year's report to APEC Economic Leaders. These are unprecedented times, demanding bold responses. The world faces the greatest health and economic crisis of a hundred years, said Chair of ABAC Rohana Mahmood. "We want a region that responds collectively to shared challenges. A region that values the connections between us – including free and open trade and investment, and a dynamic digital economy. Neighbors who help each other in times of need, respect each other's differences, and remain committed to greater inclusion and equity," she added. Rohana also said … [Read more...] about APEC economies urged to unite, build revitalised Asia-Pacific community

Attending the meeting were ministers and leaders of the ministries of foreign affairs and economy of 21 APEC member economies, representative of the World Trade Organisation (WTO), and leaders of the APEC Business Advisory Council, Pacific Economic Cooperation Council (PECC), Pacific Islands Forum (PIF) and ASEAN Secretariat. … [Read more...] about APEC members tighten cooperation to lead global economic recovery

Recognising the importance of sustainable management of natural resources and noting the region’s rapid population growth and urbanisation, we welcome APEC’s work to support resource efficiency by exploring ways to safely and innovatively manage waste and note the work on smart and sustainable cities. We are pleased that the Multi-Year Policy Dialogue on Innovative Waste Management has commenced and is expected to continue until 2022. The Dialogue serves as a platform to pursue policy recommendations that enable efficient and sustainable management of resources and waste along the supply chain.  We have reviewed existing priorities and identified future opportunities for enhancing regional food security and safety, as well as reducing food loss and waste, including through public-private partnership. We note the review of the Food Security Roadmap 2020 and the implementation of the Multi-Year Action Plan on Food Security and Climate Change and the Strategic Framework … [Read more...] about APEC Ministers Issue Joint Statement

"We want a region that responds collectively to shared challenges. A region that values the connections between us – including free and open trade and investment, and a dynamic digital economy. Neighbors who help each other in times of need, respect each other's differences, and remain committed to greater inclusion and equity," she added. … [Read more...] about APEC economies urged to unite, build revitalized Asia-Pacific community

He expressed his belief that with a fresh ambitious and well thought-out vision that will be endorsed by APEC leaders over the coming days, APEC will continue to assert its role as a leading economic co-operation mechanism in the region and go on to be an important driving force in building a peaceful, connected, resilient, and creative Asia-Pacific community. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 19