APEC 2017 CEO Summit wraps up
Da Nang (VNA) – The APEC CEO Summit 2017 concluded in the central city of Da Nang on November 10 after three days of working.
As most important event for the Asia-Pacific business community held annually during the APEC Economic Leaders’ Week, the summit attracted many leaders of APEC economies as well as more than 2,000 leading businesses in the region and Vietnam.
It also saw the presence of leaders from the World Bank (WB), the Asian Development Bank (ADB), the World Economic Forum (WEF), the Organisation for Economic Cooperation and Development (OECD) and the Asian Investment Bank (AIIB). In his closing remarks,
President of the Vietnam Chamber of Commerce and Industry Vu Tien Loc, Chairman
of the APEC CEO Summit 2017, said the summit was a success with a wide range of
inspiring dialogues on the future of APEC.
“We all agree that globalisation, integration and free trade are the most important
means for sustainable and inclusive economic development and poverty reduction.
We have to do our best to achieve these goals,” he said.
According to him, globalisation and free trade should be considered carefully
to help APEC economies attain economic inclusion, with the most important being
the development of micro-, small- and medium-sized enterprises and high-quality
human resources.
After the closing ceremony, Loc officially transferred the Chairmanship of
APEC CEO Summit to Papua New Guinea, host of APEC 2018.
On the occasion, Papua New Guinea’s Minister in charge of APEC Justin
Tkatchenko invited CEOs to the Summit 2018 in his economy.
The
APEC Economic Leaders’ Week from November 6-11 is drawing around 10,000
delegates from the 21 APEC member economies.
Established in 1989, APEC comprises Australia, Brunei, Canada, Chile, China,
Hong Kong (China), Indonesia, Japan, the Republic of Korea, Malaysia, Mexico,
New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore,
Chinese Taipei, Thailand, the US, and Vietnam.
It
represents 39 percent of the world population, 57 percent of the world GDP and
47 percent of the total trade.-VNA