SOM-1: good start for APEC Year 2017


The first Asia-Pacific Economic Cooperation (APEC) Senior Officials’ Meeting (SOM-1) and related meetings successfully wrapped up in Nha Trang city, the central province of Khanh Hoa after two weeks of sitting – a good start for the APEC Year 2017 in Vietnam.

The event attracted more than 1,900 delegates from 21 member economies, representatives from the Pacific Economic Cooperation Council, the APEC Business Advisory Council, regional and global organisations, and businesses. 

It was the first plenary meeting of APEC in 2017 with nearly 60 sessions, seminars and dialogues of 38 APEC committees and working groups. 

Participants agreed to maintain APEC’s leading role in connecting economies and addressing global challenges via accelerating the fulfillment of the Bogor Goals by 2020, increasing open trade and investment in the region, and continuing to implement APEC’s long-term cooperation strategies and plans. 

They were highly unanimous on four priorities of the APEC Year 2017, namely promoting sustainable, innovative and inclusive growth; deepening regional economic integration; strengthening micro-, small- and medium-sized enterprises (MSMEs)’ competitiveness and innovation in the digital age; and enhancing food security and sustainable agriculture in response to climate change.

They reviewed the progress and efficiency of cooperation initiatives and projects and proposed a series of new measures training young scientists, promoting technological transfer and application to mitigate disaster risks, facilitating entrepreneurs’ travelling in the region and legal trade in wood products, and strengthening supply chain connectivity towards sustainable growth. 

On the occasion, four APEC committees and 38 out of 53 APEC working groups adopted their respective focuses of cooperation. 

As the host of the APEC 2017, Vietnam made practical contributions to common concerns regarding regional economic connectivity, support for MSMEs in joining the global supply chain, human resources development and response to emergencies and natural disasters, among others. 

Delegates also approved the APEC Year 2017 agenda, including SOMs, ministerial meetings and the APEC High-Level Week slated for November in the central city of Da Nang. 

During the SOM-1 and related meetings, the authorities of Khanh Hoa province organised a number of cultural-art activities to introduce the culture of Vietnam and the south central region in particular, including an exhibition in venues of APEC meetings that showcased 30 photos of Nha Trang scenic landscapes, as well as cultural and folk art festivals. 

A book, DVD and a clip featuring Nha Trang and Khanh Hoa in general were also presented to delegates as gifts.-VNA
Chia sẻ bài viết ^^
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All comments [ 6 ]

Gentle Moon 5/3/17 09:22

Vietnam’s delegation comprising of officials from relevant ministries, sectors and agencies, actively joined in and made practical contributions to regional issues of common concern such as promoting regional economic connectivity, creating optimal conditions for micro-, small- and medium-sized enterprises (MSMEs) to expand business, investment and participate in the global value chains, and developing human resources.

Jane smartnic 5/3/17 09:23

Vietnam has coordinated closely with international organisations and research institutes to timely grasp the region and world’s common trends and issues of interest.

Love Peace 5/3/17 09:54

2017 will be the second time Vietnam hosted the APEC Summit. Currently, the economy of this area represents about 39% of the world population, contribute 57% of GDP and 47% of global trade.

LawrenceSamuels 5/3/17 10:12

Along with assuming the role of ASEAN Chair in 2020 and election to the UN Security Council for the term 2020-2021, as well as efforts to complete the WTO accession commitments in 2018, in APEC in 2017 affirmed Vietnam's resolve South of the extensive international integration and multilateral foreign policy leverage.

yobro yobro 5/3/17 10:13

It's the year of Vietnam!

Deck Hero14 5/3/17 15:33

The APEC Year 2017 will be a chance for us to show our economic image of renovation, dynamism with abundant potential and active mindset in international integration. This will promote the image of Vietnamese peace-loving and friendship where local businesses and people could contribute to APEC cooperation for practical benefits.

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