TOWARDS SHARED PROSPERITY

TOWARDS SHARED PROSPERITY

Close to 1500 policymakers, business leaders and academics from 21 APEC member economies will gather in Malaysia’s administrative capital from 3 February to 22 February 2020 to deliberate and advance a policy agenda for the region’s most pressing issues in the digital era, including multilateralism, trade and investment, human capital development, and sustainability.

The dozens of fora will converge here, guided by the theme ‘Optimising Human Potential towards a Future of Shared Prosperity’, to focus on the year’s priorities: improving the narrative of trade and investment; inclusive economic participation through the digital economy and technology; and driving innovative sustainability.

“Shared Prosperity is the idea that focuses on creating more inclusive, sustainable, innovative and secure trade and investment, as regional cooperation can be fruitful for narrowing inequalities within and among economies,” said Hairil Yahri Yaacob, Chair of APEC 2020 Senior Officials.

Accounting for 60 percent of global GDP, APEC economies play a significant role in driving the world’s economic growth. Established in 1989, APEC also marks the start of a new era in 2020 as the forum finalises a renewed vision for the coming decades.

“The last thirty years have shown that regional cooperation is essential in addressing common challenges. APEC is stronger when we support each other to rise above shared vulnerabilities,” said Dr. Rebecca Fatima Sta Maria, Executive Director of the APEC Secretariat.

Learn More: APEC