INCHEON, REPUBLIC OF KOREA (2 May 2023) — PBEC’s longest strategic partner, The Asian Development Bank (ADB) today announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region in the battle against climate change. The announcement was made by ADB President Masatsugu Asakawa on the opening day of ADB’s 56th Annual Meeting in Incheon. “Climate change is the critical issue of our lifetime and here…
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Brunei, Bandar Seri Begawan, 30 April 2023 – APEC Business Advisory Council (ABAC) members this week urged APEC Trade Ministers to leverage the challenges facing the region, including environmental risks, financial stress and the cost-of-living crisis, as opportunities to firmly place the region on a new path of economic inclusion, resilience, and sustainability. Separate letters to APEC trade ministers and transportation ministers and statements on the WTO and the Free Trade Area of the Asia-Pacific capture ABAC’s views. 2023 ABAC…
APEC NEWS RELEASE Issued by The APEC Business Advisory Council (ABAC) Auckland, 14 February 2023 – Members of the APEC Business Advisory Council (ABAC) met in Auckland, New Zealand this week to develop a work plan that calls on policymakers to leverage trade and economic policies to address the region’s sustainability and economic inclusion challenges. 2023 ABAC Chair Dominic Ng noted, “APEC members need to undertake massive decarbonization of their economies while ensuring that disadvantaged parts of our communities are not…
PBEC was delighted to have achieved a coup at its recent Annual Dialogues Summit 2022 in hosting the outgoing APEC Thailand 2022 Chair representatives and the incumbent APEC USA Chair for 2023 together only 24 hours after APEC 2022 had concluded. A big thank you to the following speakers who were able to attend our PBEC Summit and share their first-hand views and observations as well as glimpse into the year ahead, having just gotten back from attended either the…
The Pacific basin Economic Council (PBEC) is celebrating its 55th anniversary this year since its establishment, in lieu of which we just concluded our Annual Dialogues Summit today which was held over 2.5 days from the 22-24 November 2022, virtually over zoom events. We wish to express a special thanks to our Platinum Sponsors KPMG, OUE and BitMEX. PBEC assembled 75 business, Government, Non-Government and academic leaders from across the globe, but in particular from the 21 Member States of…
Recalling the Putrajaya Vision 2040, APEC reiterates our commitment to pursuing strong, balanced, secure, sustainable and inclusive growth in the Asia-Pacific region. APEC is determined to continue advancing its sustainability objectives in a bold, responsive, and comprehensive manner to address the heightened economic and environmental challenges and disruptions facing the region, building on our commitments in the Putrajaya Vision 2040 and the actions set out in the Aotearoa Plan of Action (APA), for the prosperity of all our people and…
We, the Economic Leaders of APEC, met in-person for the first time in four years in Bangkok on 18-19 November 2022. We continue the implementation of the APEC Putrajaya Vision 2040, including through the Aotearoa Plan of Action. This year, under the APEC theme “Open. Connect. Balance.”, we advance work through three priorities: to be open to all opportunities, connected in all dimensions, and balanced in all aspects, to advance long-term robust, innovative and inclusive economic growth as well…
USA Vice President Kamala Harris announces San Francisco as the host city of APEC Leaders Meeting & CEO Summit in the week commencing 12th November as the new Chair of APEC 2023. It is my pleasure to announce that, as part of the United States’ 2023 Asia-Pacific Economic Cooperation (APEC) Host Year, we will convene the APEC Leaders Meeting in San Francisco, California, the week of November 12. President Biden and I look forward to welcoming APEC Leaders to San Francisco next year…
Speech: Kathi Vidal, Under Secretary of Commerce for Intellectual Property and Director of the USPTO Source: United Stated Patent and Trademark Office – inclusive innovation. Abstract The Indo-Pacific is home to more than half of the world’s people, and nearly two-thirds of the world’s economy. It is a crucial part of the global value chain in many important technologies and industries. It is a growing export destination for U.S.-made goods and services. And the United States is the number-one destination…