APEC 2017: From food security to e-commerce

10:48 | 24/03/2017 Cooperation

(VEN) - Senior officials from 21 Pacific Rim economies meeting recently in Vietnam, discussed ways of increasing food security and long-term agricultural development.  

They also reviewed the implementation of initiatives for enhancing marine waste treatment capability, creating tools for assessment of ecological impacts of climate change on seafood, encouraging the private sector’s participation in the conservation of the marine environment and sustainable fisheries development.

The two-week discussions that started February 18 in the coastal city of Nha Trang were conducted within the framework of APEC 2017 – the year-long meetings and events of the Asia-Pacific Economic Cooperation forum being hosted by Vietnam.
A workshop on realizing a Free Trade Area of the Asia-Pacific (FTAAP) offered participants a chance to share their views on the prospects of establishing this free trade area, and to propose their recommendations to promote its realization.

The idea of such a trade bloc was mentioned for the first time at the 14th APEC Economic Leaders Meeting in Hanoi in 2006. Ten years later, at the November 2016 APEC Summit in Lima, Peru, APEC leaders issued a declaration regarding efforts to establish this free trade area.

Other committee meetings at the Senior Officials Meeting (SOM 1) focused on the major tasks of coordinating APEC’s trade and investment liberalization and facilitation agenda, as well as the forum’s budget and operations.

In other sessions, the APEC Electronic Commerce Steering Group (ECSG) and Tourism Working Group (TWG) reviewed the pace of regional cooperation projects and proposed new initiatives.

TWG also organized a seminar to prepare for a round-table conference on sustainable tourism development policies scheduled to take place in the city of Ha Long this June. Meanwhile, ECSG heard reports by international organizations, such as the World Economic Forum and the Internet Society, on directions for e-commerce development.

Quynh My