APEC Year 2017's priorities will focus on such issues as promoting sustainable, innovative and inclusive growth, Deputy Finance Minister tells meeting
As part of the first APEC Senior Officials’ Meeting (SOM-1), the meeting drew 150 delegates from the 21 APEC member economies and international organizations, including the International Monetary Fund (IMF), the World Bank (WB), the Asian Development Bank (ADB), the Organization for Economic Cooperation and Development (OECD), and APEC Business Advisory Council (ABAC).
In his opening remarks as representative of the host country, Deputy
Minister of Finance Tran Xuan Ha said that, under the theme “Creating
New Dynamism, Fostering a Shared Future”, APEC Year 2017’s priorities
will focus on such issues as promoting sustainable, innovative and
inclusive growth, boosting regional economic connectivity, enhancing
competitiveness and innovation among micro-, small- and medium-sized
enterprises, and increasing food security and sustainable agriculture in
response to climate change.
He added that the meeting will discuss regional and global economic
prospects and identify common opportunities and challenges to seek
practical and effective measures to mitigate risks and pursue
sustainable development.
Following consultations, Mr. Ha said, APEC member economies have
suggested deliberating long-term investment in infrastructure, finance
and natural disaster risk insurance, base erosion and profit shifting,
and financial inclusion, and will report to the Finance Ministers’
Meeting in October this year.
The FCBDM is scheduled to last until February 24.
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