It’s been a busy but tough year for trade. Read our end-of-year roundup by Executive Director Stephen Jacobi.
APEC Leaders Issue 2022 Declaration and the Bangkok Goals on the Bio-Circular-Green Economy
Issued by the APEC Economic Leaders’ Meeting
Bangkok, Thailand, 19 November 2022
The Leaders of the 21 APEC member economies issued the 2022 Leaders’ Declaration following the 29th APEC Economic Leaders’ Meeting chaired by the Prime Minister of Thailand, Prayut Chan-o-cha.
The declaration affirms APEC Leaders’ long-standing commitment to promote strong, balanced, secure, sustainable and inclusive growth as well as their commitment to realize the APEC Putrajaya Vision. In their declaration they said that they are determined to uphold and further strengthen the rules-based multilateral trading system. They welcomed progress this year in advancing the Free-Trade Area of the Asia-Pacific. They will strengthen APEC’s standing as the premier economic forum in the region and as an incubator of ideas.
Given the continued efforts of economies to respond to and mitigate the effects of the COVID-19 pandemic, leaders are determined to achieve a post-COVID-19 economic recovery and will reinforce systems to prepare for future crises.
They recognize that more intensive efforts are needed to address today’s challenges such as rising inflation, food security, climate change and natural disasters, among others.
Leaders also endorsed the Bangkok Goals on the Bio-Circular-Green (BCG) Economy—a comprehensive framework to further APEC’s sustainability objectives. Leaders will advance these goals in a bold, responsive and comprehensive manner, merging existing commitments with new aspirational ones.
They will meet again in the United States of America in 2023. Leaders also welcomed Peru’s offer to host APEC in 2024 and the Republic of Korea’s offer for 2025.
Read the 2022 APEC Economic Leaders’ Declaration
Read the Bangkok Goals on Bio-Circular-Green (BCG) Economy
Explore the Bangkok Goals Website
Read the original post here.
REGISTER WITH TRADE WORKS
Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.
Latest News
Back to the future?
The end of 2024 has trade advocates reaching back to their 2016 taking points as an Administration of a depressingly protectionist hue prepares to take office in the United States, once the global champion for trade liberalisation. We do not know for now what,...
Diplosphere: Tour de Force with Stephen Jacobi – Having Choice is a Key NZ Interest
Stephen Jacobi on APEC, WTO, doubling trade exports, big ideas like Southern Link, independent thinking & risks of a red line with AUKUS P2. This interview was recorded on Tue 19 Nov, 2024 in Wellington, NZ at Diplosphere HQ. Watch the full video here.
APEC Business Leaders Call for Bold Actions on Sustainable Growth and Economic Integration
Read the original article on the ABAC website here. Lima, 12 November 2024 — With challenges becoming increasingly borderless, business leaders from across the Asia-Pacific region are calling on APEC Leaders to take decisive actions to boost sustainable and inclusive...
CPTPP and the art of living dangerously
By Stephen Jacobi [1] As published by Newsroom, 6 December 2024 There’s not much shouting about TPP these days, but more passion would be a good thing. Time was when “TPPA” could bring tens of thousands to the streets. These days the annual Ministerial meeting...
NZIBF 2024 Chair Report
I am pleased to present my fourth report on the activities and achievements of the NZ International Business Forum (NZIBF) for 2023-24, our 17th year of operations. I am grateful to all Board and associate Members for your continuing commitment and support. This...
Reimagining the trans-Tasman relationship for two decades
Even the closest of relationships require advocacy. That applies equally to Australia – our greatest friend. That’s the job of the Australia New Zealand Leadership Forum (ANZLF), whose Steering Committee met in Sydney last week. The ANZLF has come a long...
THE NEXT BIG IDEA – THE SOUTHERN LINK
If New Zealand is serious about doubling export value in the next ten years then we need some really big, new ideas. Doing more of the same, not that there is anything wrong with that, is just going to deliver the same result. Enter an idea whose time has...
ADDRESS TO THE 55TH ONE STOP UPDATE FOR THE ACCOUNTANT IN BUSINESS – GLOBAL ECONOMIC UPDATE
AUCKLAND, 21 OCTOBER 2024 STEPHEN JACOBI, EXECUTIVE DIRECTOR, NZ INTERNATIONAL BUSINESS FORUM Watch the video of the address here. Introduction Thanks to Brightstar for the opportunity to be with you again, in person this time! I’ve spoken several times now at this...
NZ/GCC FREE TRADE AGREEMENT – EXPANDING OPPORTUNITIES IN THE GULF
Building on earlier negotiations with the United Arab Emirates, New Zealand’s successful conclusion of negotiations for a NZ/Gulf Co-operation Council Free Trade Agreement should enable further expansion of trade with the GCC’s six members in the Middle East, says the...
TIES THAT BIND – EXPANDING CER TO ASEAN
For New Zealand to pay more attention to the economies of ASEAN (the ten-member Association of South East Asian nations) makes sense, particularly at a time when doing business around the world is tough and when we need all of our international connections to deliver...
NZ/UAE CEPA: A VALUABLE STEP FORWARD IN GULF – BUSINESS FORUM
Media release, 26 September 2024 In a challenging year for business, the successful conclusion of the NZ/UAE Closer Economic Partnership Agreement (CEPA) is a welcome bright spot and helps build a stronger foundation for this country’s trade in the Middle East, says...
SPOTLIGHT ON SUBSIDIES
With much of the world turning inwards and the World Trade Organisation (WTO) in a parlous state, it could be tempting to relax New Zealand’s long-term struggle to rid the world of trade-distorting, environmentally harmful and financially wasteful subsidies. Not...
Address to NZ Apples and Pears Inc Conference, 30 July
GEO-POLITICAL, TRADE AND CONSUMER UPDATE Stephen Jacobi, Executive Director, NZ International Business Forum Introduction Thanks to the team at NZ Apples and Pears for the invitation to be with you today. I’m here to talk about the bigger picture against which your...
NON TARIFF BARRIERS – “YOU ARE NOT ALONE”
Non- tariff barriers (NTBS) have a pernicious effect on trade. Sometimes it seems that just as tariffs go down, an NTB springs up! They can be hard to identify and even harder to address. The red meat industry, New Zealand’s second largest export...
INTERNATIONAL TREATY EXAMINATION OF THE AGREEMENT ON THE INDO-PACIFIC ECONOMIC FRAMEWORK FOR PROSPERITY
SUBMISSION TO THE FOREIGN AFFAIRS, DEFENCE AND TRADE SELECT COMMITTEE - JULY 2024 Introduction This submission is made on behalf of the New Zealand International Business Forum (NZIBF) and ExportNZ. NZIBF, whose members are listed at Annex A,[1] is a forum of...
