First APEC Senior Officials meeting within the Peruvian presidency was held in Lima on March 3-4, 2016
Actions on the table were focused on boosting regional economic integration and quality growth, the regional food market, micro, small and medium enterprise modernization and labor productivity. The discussion was based on exchanges between technical officials over the preceding two weeks.
APEC economies are drafting the collective strategic study on issues related to the realization of the Free Trade Area of the Asia-Pacific, or FTAAP. It aims to pinpoint how undertakings like the Pacific Alliance, Regional Comprehensive Economic Partnership and Trans Pacific Partnership could lead to an APEC-wide agreement for harnessing new trade and growth opportunities.
Parallel emphasis is on facilitating investment and infrastructure development that supports food supply chains, helping Peru and other agriculturally rich APEC economies export to the increasing numbers of middle class consumers in the region, as well as harmonizing their regulations and standards to strengthen food safety.
Senior Officials are advancing new measures to promote regulatory reform and the application of digital tools that make it easier for people in APEC economies to start and grow a business, and to do business across borders.
Concurrent focus is on ensuring healthy, productive workforces through the introduction of policies that spur innovation within the sector while improving access to healthcare and controls against emerging health threats such as the Zika virus. Senior officials are moreover taking steps to facilitate cross-border exchanges of students and academics as well as career skills development and digital literacy to bolster people’s job prospects and social mobility in a globalized marketplace.
Press-release at the official APEC web-site