International Focus Magazine Vol. 3, #3 | Page 42

policy

APEC Year 2017 : comprehensive

A success

T he comprehensive success of APEC Year 2017 can be seen from the organization and chairing of events to reception , infrastructure , logistics , culture , communications to security and heath care . The APEC Economic Leaders ’ Week from November 6 to 11 was one of the few of its kind to be attended by leaders of all 21 member economies over the last decade . This showed their commitment and resolve to the APEC forum and the Asia-Pacific region . More than 21,000 delegates took part in the 243 activities held during the APEC Year 2017 in Vietnam . The APEC Economic Leaders ’ Week alone attracted about 11,000 delegates , reflecting the world and the region ’ s great attention to APEC . The most important outcome is that APEC continues its economic cooperation and connection impetus , brings into play its role as the leading economic connection mechanism of the region , keeps its core value of trade and investment liberalization , and supports multilateral trade . This year ’ s outcomes created an important foundation for future APEC cooperation . Eight major documents were passed , particularly the Da Nang Declaration and the joint statement of the APEC Ministerial Meeting . For the first time , APEC agreed to promote economic , financial and social inclusion and innovative startups .

42 iF Magazine | March 2018