Ministers and representatives from the 21-member Asia-Pacific Economic
Cooperation (APEC) have encouraged the development of human resources,
industrial science and technology, and small and medium enterprises, to
strengthen economic and technical cooperation in the region.
Under a joint statement issued on Thursday at the conclusion of the two-day
18th APEC Ministerial Meeting, they reaffirmed the pivotal role of human
resources development for sustainable development and prosperity.
The delegates at the meeting encouraged the Human Resources Development
Working Group in education, employment, labor and capacity building among the
economies to continue working on the initiative of "Developing a Strategic Plan
for English and Other Language Learning in the APEC region."
Regarding industrial science and technology, they welcomed the improvements
in the participation of women and ethnic minority communities in science and
technology.
The ministers also stressed the importance of strengthening small and medium
enterprises' competitiveness for trade and investment through developing and
enabling environment.
They encouraged efforts to support the use of information and communication
technology in small and medium enterprises and micro ones in promoting trade and
exploring business opportunities, especially in overseas markets.
At the meeting, they also reached consensus on some other important issues
such as continuing the support for the World Trade Organization (WTO)
negotiations, facilitating trade in the region, enhancing anti-corruption and
transparency, and strengthening human security.
Documents endorsed by the ministers and representatives will be submitted to
the APEC economic leaders for approval at their meeting on Nov. 18-19.
Founded in 1989, APEC is a major regional forum acting as the primary
regional vehicle for promoting open trade and practical economic and technical
cooperation in the Asia-Pacific region.
It represents the most economically dynamic region in the world, with its 21
member economies accounting for more than one third of the world's population,
approximately 60 percent of world GDP, about 47 percent of world
trade.