News Karnataka
Thursday, June 30 2022

‘APEC should push for strong policies to stop future crises’ - 1 min read

Photo Credit : IANS

Bangkok: Thailand’s Deputy Prime Minister Jurin Laksanawisit on Sunday May 22 called for enhanced efforts from Asia-Pacific Economic Cooperation (APEC) economies to respond to future crises and achieve better and more inclusive economic growth in the region.

While addressing the APEC Ministers Responsible for Trade Meeting, Jurin said: “I strongly hope that the outcome of this meeting will include a strong policy stance regarding the recovery of the regional economy after the COVID-19 pandemic, from where we should emerge stronger than ever in order to cope with future crises.”

Thailand is the host of APEC 2022, reports Xinhua news agency.

Jurin, also the Commerce Minister, highlighted Thailand’s theme of “Open. Connect. Balance.” and urged member economies to advance APEC’s work in deepening economic integration and mobilizing the progress of the Free Trade Area of the Asia-Pacific (FTAAP).

He also reiterated the importance of resuming safe and convenient cross-border travel and promoting digital and supply chain connectivity while taking into account environmental protection and bolstering food and agricultural security to ensure the well-being of the region’s people.

The meeting, with online or offline participants from APEC economies, has seen member economies detail their perspectives on the future of trade policy, especially for reviving and strengthening regional economic integration and supporting the multilateral trading system.

Participants also discussed unfolding developments, including the moderation of growth, supply chain disruptions and soaring fuel and food prices, and efforts to advance APEC’s new vision, the Putrajaya Vision 2040 and the Aotearoa Plan of Action.

“We need to further the promotion of digital trade and e-commerce, for example, encourage economic recovery, and strengthen connectivity in all dimensions, people, goods and services,” Jurin said.

See also  5 passengers in Karachi test Covid positive on arrival from Saudi Arabia

“I would like to urge all member economies to use this meeting as an opportunity to promote APEC work towards tangible outcomes,” he said.

Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Subscribe to our Podcast across platforms
AnchorAmazon MusicSpotifyGoogle PodcastsRadio PublicRSS

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

Subscribe Newsletter

Get latest news karnataka updates on your email.

To get the latest news on WhatsApp