Trade Ministers from the 21 APEC member economies issued a statement at the conclusion of their meeting in Boracay on Sunday on expanding trade and spurring economic activity towards strong, sustainable and inclusive growth.
The statement, reflecting the outcomes of the 2015 APEC Ministers Responsible for Trade Meeting chaired by Philippine Trade and Industry Secretary Gregory Domingo, describes joint actions to be taken forward by APEC members in the following priority areas:
- Supporting the Multilateral Trading System
- Enhancing the Regional Economic Integration Agenda
- Fostering SMEs’ Participation in Regional and Global Markets
- Investing in Human Capital Development
- Building Sustainable and Resilient Communities
- Strengthening Economic and Technical Cooperation
Trade Ministers adopted one statement annex:
Trade Ministers also adopted a standalone statement:
Trade Ministers considered a briefing by World Trade Organization Director-General Roberto Azevedo on the state of the multilateral trading system and the Post-Bali work program as well as private sector policy guidance offered by 2015 APEC Business Advisory Council Chair Doris Ho and representatives of APEC’s Official Observers—the Association of Southeast Asian Nations, Pacific Economic Cooperation Council and Pacific Islands Forum.
A Joint APEC Trade Ministers’ Press Conference that immediately followed their meeting in Boracay can be viewed at: https://www.youtube.com/embed/1sSShM18iAo
Downloadable photos from the APEC Ministers Responsible for Trade Meeting can be viewed here.
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