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Full text: Statement on the 25th anniversary of APEC(4)

2014-11-12 09:20 Xinhua Web Editor: Wang Fan
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15. We are determined to promote macroeconomic policy coordination, and enhance information sharing and policy dialogues, with a view to forging policy synergy, and creating a sound policy environment for the economic growth of the region.

16. We reaffirm our commitment to realizing the Bogor Goals by 2020, and will reinforce our efforts based on the progress already achieved. Developed APEC members are willing to provide support and assistance to developing members to help them realize the Bogor Goals.

17. We strongly believe that the decisions we take at this Economic Leaders' Meeting will lay the foundation for a dynamic and prosperous Asia-Pacific in the years to come. To this end, we reaffirm the decisions taken:

-- To implement the Beijing Roadmap for APEC's Contribution to the Realization of the FTAAP, and launch a collective strategic study on issues related to the realization of the FTAAP, with the goal of establishing the FTAAP as early as possible by building on ongoing regional undertakings;

-- To jointly create an enabling environment for GVC development and cooperation through the implementation of the APEC Strategic Blueprint for Promoting GVC Development and Cooperation.

-- To implement the APEC Accord on Promoting Innovative Development, Economic Reform and Growth; and

-- To implement the APEC Connectivity Blueprint for 2015-2025 and achieve the overarching goal of strengthening physical, institutional and people-to-people connectivity by taking agreed actions and meeting agreed targets by 2025, with the objective of achieving a seamless and comprehensively connected and integrated Asia-Pacific.

18. We are determined to jointly explore the development path and model suitable for each member's specific circumstances. We will enhance policy coordination, experience exchange and mutual learning, and foster an enabling environment for diverse and common development of all member economies.

19. We are committed to green and sustainable growth, and addressing environmental challenges through closer practical cooperation.

20. We are committed to narrowing the development gaps and achieving common development through practical cooperation and mutual assistance.

21. We reaffirm our support for the reform of APEC in an effort to achieve organizational and institutional improvement. We will strengthen APEC's synergy and complementarity with other regional and international fora and processes to enable a more effective approach in seizing opportunities and solving complex cross-border challenges, through three work streams, namely institutional, thematic and, trade and investment. Such efforts will make way for a greater contribution to regional economic cooperation and global economic governance.

22. We support the participation of relevant stakeholders in APEC cooperation so that cooperation achievements can benefit a larger population across the Asia-Pacific. We welcome the active participation of ABAC and other private sector representatives in the process, and are committed to building a closer and broader interactive relationship with the business community.

23. We believe that through these efforts, the Asia-Pacific will embrace a brighter future. The region will enjoy a higher level of economic integration, more effective policy coordination, stronger ties in economic and technical cooperation, enhanced regional connectivity, and closer links with the rest of the world. Our enduring commitment will underwrite the peace, stability and prosperity of Asia Pacific. We are committed to making relentless efforts for the next 25 years of APEC cooperation, with the goal of fulfilling the Asia-Pacific dream of common development, prosperity, and progress.

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