Friday, November 7, 2014

PH to present report on capacity-building, innovation as 2014 APEC Economic Leaders’ Week kicks off

From the Website of GPH - Government of the Philippines

PH to present report on capacity-building, innovation as 2014 APEC Economic Leaders’ Week kicks off

The 2014 APEC Economic Leaders’ Week begins with the APEC Concluding Senior Officials’ Meeting (CSOM) from November 5 to 6, 2014 at the China National Convention Center in Beijing, China.
The Concluding Senior Officials’ Meeting is set to discuss actions and initiatives to strengthen regional economic integration, including advancing a Free Trade Area of the Asia-Pacific (FTAAP), promoting Global Value Chains (GVCs) development and cooperation, supply chain connectivity, capacity-building, and other priority trade and investment work.

The Philippines, as Chair of the SOM Steering Committee on ECOTECH (SCE), will be presenting the “2014 Senior Officials’ Report on Economic and Technical Cooperation” for endorsement to the APEC Ministers. The report will highlight the focus on capacity-building on the revised ECOTECH medium-term priorities that will apply for the period 2015 to 2019, namely, the cross-cutting priorities on: (1) Developing human capital through capacity building, (2) Developing and strengthening the dynamism of SMEs, (3) Harnessing technologies for the future and supporting innovation, and (4) Inclusive growth – addressing the social dimension of globalisation, health, and gender.

The workstream priorities, on the other hand, include: (1) Regional Economic Integration, (2) Structural Reform, (3) Safeguarding the quality of life through sustainable growth, and (4) Human Security.
Capacity-building, as envisioned in these priorities, applies more broadly to building institutional support for the whole economy and not simply in terms of human capacity with primary focus on labor and education.
A noteworthy ECOTECH project is the 10-year achievement of the APEC Digital Opportunity Center (ADOC) initiative in the Philippines which underlines the country’s commitment to a better ICT-connected Asia-Pacific Region.

The meeting also seeks to adapt the APEC Connectivity Blueprint for endorsement to the APEC Ministers and Leaders.

Other initiatives to be considered in the meeting are those on Innovation-Driven Development and Blue Economy Cooperation.

Following the APEC CSOM is the APEC Ministerial Meeting (AMM) from November 7 to 8.

GPH Website





Post a Comment