Business looks to APEC for strong signal on trade

by | Nov 9, 2009 | Media Releases

Remove

Business representatives attending this week’s APEC meetings in Singapore hope that APEC Economic Leaders will take strong steps towards free and open trade in the region.

New Zealand members of the APEC Business Advisory Council (ABAC) ? Tony Nowell, Gary Judd and Stephen Jacobi ? are all in Singapore for ABAC’s fourth and final meeting for 2009, the APEC CEO Summit and the annual ABAC Dialogue with APEC Economic Leaders.

“As the region experiences a shaky resumption of economic growth, we need the continuing stimulus that increased trade and investment will bring”, said ABAC New Zealand’s Senior Policy Adviser and NZIBF Executive Director Stephen Jacobi.

ABAC’s recommendations to APEC Economic Leaders are contained in a report “Building Towards the Bogor Goals with One Community” which will be presented in the Dialogue meeting on Saturday 14 November.

Tony Nowell will participate in a Dialogue Group including Prime Minister John Key and President Barack Obama.  Gary Judd’s group includes President Hu Jintao of China and Stephen Jacobi’s group includes President Lee Myung-Bak of Korea.

“High on the list of ABAC’s recommendations are moving to initiate negotiations towards the Free Trade Area of the Asia Pacific (FTAAP), resisting protectionism in all its forms, concluding Doha, increasing the flow of investment and addressing climate change in a way that provides a predictable and stable environment for business,” said Mr Jacobi.

REGISTER WITH TRADE WORKS

Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.

 

Remove

 

Latest News

NZIBF 2022 Chair Report

ANNUAL GENERAL MEETING 2022 CHAIR’S REPORT I am pleased to present my second report on the activities and achievements of the NZ International Business Forum (NZIBF) for 2022-23, our fifteenth year of operations.  At the outset I would like to thank Members for...

NZ BUSINESS LEADERS AT APEC 2022

New Zealand business will be represented at the APEC Leaders’ Week in Bangkok, commencing 13 November, by members of the APEC Business Advisory Council (ABAC). New Zealand’s three members – Rachel Taulelei, Malcolm Johns and Anna Curzon – supported by Stephen Jacobi...

Submission to MFAT for CPTPP Review

30 September 2022 Phil Mellor Economic Division, Ministry of Foreign Affairs and Trade, Wellington (By email) Dear Phil, Thank you for your email of 1 September, seeking our comments on the three year review of the Comprehensive and Progressive Agreement for Trans...

WHAT’S IN A NAME?

The now widespread use of the term “Indo Pacific” to describe the region to which New Zealand belongs brings a risk of geographical confusion. When did the “Asia Pacific” become the Indo Pacific?   For thirty years or more New Zealand has sought to enhance...

NZ Herald: Turbulence in global trade

Amidst the political topsy turvy of recent weeks came the news that the Government has refreshed its Trade Recovery Strategy.  That’s good news because, for exporters and the global economy as a whole, it’s tough out there. The pandemic is by no means over, there...

Address to World Affairs Forum, 22 August 2022

ADDRESS TO THE WORLD AFFAIRS FORUM AUCKLAND, 22 AUGUST 2022 STEPHEN JACOBI EXECUTIVE DIRECTOR NZ INTERNATIONAL BUSINESS FORUM TURBULENCE IN GLOBAL TRADE Thanks to Greg Thwaite for inviting me to speak to you this evening. It’s good to be back in the habit of meeting...

Trade and Climate Change: State of Play

TRADE AND CLIMATE CHANGE: STATE OF PLAY. A discussion paper prepared for the NZIBF by Adrian Macey, June 2022. Download here. Update: NZ-EU FTA The NZ-EU FTA has been finalised.  Article X.6 of the  trade and sustainable development chapter is on trade and...