Home News Malaysia announces first virtual APEC 2020 Leaders’ Meeting

Malaysia announces first virtual APEC 2020 Leaders’ Meeting

by Marjorie

Jakarta (ANTARA) – Malaysia, the host of APEC this yr, has introduced that the 2020 APEC Financial Leaders’ Assembly will happen on-line on 20 November, 2020.

This would be the first time financial leaders from APEC’s 21 member economies will meet just about, as famous in a written assertion issued by the APEC Secretariat and obtained right here on Monday.

After efficiently internet hosting the primary set of technical conferences in Putrajaya, Malaysia, from 3 to 22 February this yr, Malaysia adjusted its internet hosting yr to a digital format after the World Well being Group (WHO) declared the COVID-19 outbreak a pandemic.

“We applaud Malaysia’s dedication and management this yr regardless of the uncertainties and challenges introduced by the pandemic,” mentioned APEC Secretariat government director, Rebecca Sta Maria.

“APEC officers are working exhausting, persevering with engagement, and collaborating digitally throughout eight completely different time zones. We’re trying ahead to the first-ever digital Leaders’ Assembly and the essential and related deliverables that might be introduced this November,” she acknowledged.

On the assembly, APEC financial leaders are anticipated to provide a declaration reflecting Malaysia’s theme of ‘Optimising Human Potential in the direction of a Resilient Way forward for Shared Prosperity. Pivot, Prioritise, Progress’.

Leaders are additionally anticipated to set a brand new imaginative and prescient, which can information the discussion board’s work within the subsequent a long time.

The brand new imaginative and prescient will construct on APEC’s objective of free and open commerce and funding, often called the Bogor Targets, whose deadline is that this yr.

Main as much as the assembly, international ministers and commerce ministers of APEC member economies will come collectively for the annual APEC Ministerial Assembly, which might be held on 16 November this yr and chaired by Mohamed Azmin Ali, Malaysia’s senior minister and the Minister of Worldwide Commerce and Trade.

The next are the occasions and dates for the APEC Financial Leaders’ Week: Concluding Senior Officers’ Assembly on 11 November, 2020, APEC Ministerial Assembly on 16 November, 2020, APEC Enterprise Advisory Council Assembly on 18 November, 2020, APEC CEO Dialogues on 19-20 November, 2020, APEC Financial Leaders’ Assembly on 20 November, 2020. (INE)

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