scoop.co.nz 12 Mar, 2021 03:45 am

Senior Officials Expedite Regional Response To COVID-19, Push Recovery Process

Senior Officials Expedite Regional Response To COVID-19, Push Recovery Process
Senior officials from 21 APEC member economies are convening virtually to expedite a regional response to the lasting impact of COVID-19 in a bid to boost the recovery process. The two-day Senior Officials’ Meeting comes on the heels of intensive ...

Senior officials from 21 APEC member economies are convening virtually to expedite a regional response to the lasting impact of COVID-19 in a bid to boost the recovery process.The two-day Senior Officials’ Meeting comes on the heels of intensive discussion about how APEC will carry forward the commitments leaders made in 2020 and the development of a 20-year implementation plan, taking into consideration the challenges and risks exposed by the pandemic.“We are facing quite a serious challenge this year, driven in part by the health catastrophe that we all face across our region, but also the serious economic challenges that now confront our economies as we look to find a way through this crisis,” says Vangelis Vitalis, Chair of APEC 2021 Senior Officials.Set against a backdrop of looming uncertainty, wider inequality risk and rising protectionism, Vitalis stresses the importance of capturing and featuring all these challenges as senior officials deliberate policy measures and their concerted regional effort to drive recovery.

” In this dialogue, senior officials will seek to realize the need for APEC to be more sustainable and inclusive of all people, including women and indigenous people.With the APEC Putrajaya Vision 2040 agreed by leaders last year, member economies will now need to develop a detailed plan of action to implement the new vision, which will expand on the three economic drivers of growth: trade and investment; innovation and digitalization; and strong, balanced, secure, sustainable and inclusive growth.

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