Kuala Lumpur (VNA) – Malaysia held aceremony in Cyberjaya town on December 4 to launch the Asia-Pacific EconomicCooperation (APEC) 2020, themed “Optimising Human Potential Towards a Future ofShared Prosperity”.
Addressing the event, the country’s PrimeMinister Mahathir Mohamad underlined the importance of APEC to Malaysia, notingthat the region accounts for more than 80 percent of the country’s total tradeand over 70 percent of foreign direct investment in the local manufacturingsector.
He said his country will embrace all challengeswith a vision to ensure APEC 2020 is a success, and it will advance the agendaof trade and investment that is more inclusive and sustainable, resulting ineconomic growth that is in tandem with the well-being of the member economies’people.
The PM also called on the APEC members to beunited and harness their collective strength to overcome issues and challenges,realign their faith and charge forward.
According to Malaysian Minister of InternationalTrade and Industry Darell Leiking, about 120 meetings at all levels will beheld with the participation of some 16,000 delegates from the 21 member APECeconomies. The events will take place in Langkawi, Penang, Kuala Lumpur andPutrajaya cities throughout next year./.