Kuala Lumpur, Malaysia, 20 November 2020
The leaders of the 21 APEC member economies issued the Kuala Lumpur Declaration following the first-ever digital twenty seventh APEC Financial Leaders’ Assemblychaired by Malaysian Prime Minister Muhyiddin Yassin.
Convening for the primary time because the final assembly in Papua New Guinea in 2018, leaders agreed to the joint declaration beneath the 2020 APEC Malaysia theme of Optimising Human Potential in the direction of a Resilient Way forward for Shared Prosperity. Pivot. Prioritise. Progress.
Recognizing the unprecedented challenges the area’s economies face amidst the COVID-19 pandemic, APEC’s Leaders pledged to work collectively to help the next priorities:
- Combatting and mitigating the impacts of COVID-19
- Bettering the narrative of commerce and funding
- Inclusive financial participation by way of digital financial system and expertise
- Driving revolutionary and inclusive sustainability
- Strengthening stakeholder engagement
Leaders additionally formally launched the brand new APEC Putrajaya Imaginative and prescient 2040 that may chart the way forward for the area. Leaders envision an open, dynamic, resilient and peaceable Asia-Pacific neighborhood by 2040, for the prosperity of the entire folks and future generations.
APEC senior officers are tasked by leaders to finish a complete implementation plan for his or her consideration in 2021.
View the Kuala Lumpur Declaration
View the APEC Putrajaya Imaginative and prescient 2040
Leaders will likely be hosted by New Zealand in 2021 throughout its APEC chairmanship.
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For additional particulars, please contact:
Masyitha Baziad +65 9751 2146 at [email protected]
Michael Chapnick +65 9647 4847 at [email protected]
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