Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc (R) and Papua New Guinea’s Minister in charge of APEC Justin Tkatchenko (Source: VNA) 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, Chairmanof the APEC CEO Summit 2017, said the summit was a success with a wide range ofinspiring dialogues on the future of APEC.
“We all agree that globalisation, integration and free trade are the most importantmeans 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 carefullyto help APEC economies attain economic inclusion, with the most important beingthe development of micro-, small- and medium-sized enterprises and high-qualityhuman resources.
After the closing ceremony, Loc officially transferred the Chairmanship ofAPEC CEO Summit to Papua New Guinea, host of APEC 2018.
On the occasion, Papua New Guinea’s Minister in charge of APEC JustinTkatchenko invited CEOs to the Summit 2018 in his economy.
TheAPEC Economic Leaders’ Week from November 6-11 is drawing around 10,000delegates 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.
Itrepresents 39 percent of the world population, 57 percent of the world GDP and47 percent of the total trade.-VNA
