APEC Leaders Issue Kuala Lumpur Declaration

by | Nov 23, 2020 | Trade In The News

Remove

Issued by the APEC Economic Leaders’ Meeting

Kuala Lumpur, Malaysia, 20 November 2020

The leaders of the 21 APEC member economies issued the Kuala Lumpur Declaration following the first-ever virtual 27th APEC Economic Leaders’ Meeting chaired by Malaysian Prime Minister Muhyiddin Yassin.

Convening for the first time since the last meeting in Papua New Guinea in 2018, leaders agreed to the joint declaration under the 2020 APEC Malaysia theme of Optimising Human Potential towards a Resilient Future of Shared Prosperity. Pivot. Prioritise. Progress. 

Recognizing the unprecedented challenges the region’s economies face amidst the COVID-19 pandemic, APEC’s Leaders pledged to work together to support the following priorities:

  • Combatting and mitigating the impacts of COVID-19
  • Improving the narrative of trade and investment
  • Inclusive economic participation through digital economy and technology
  • Driving innovative and inclusive sustainability
  • Strengthening stakeholder engagement

Leaders also officially launched the new APEC Putrajaya Vision 2040 that will chart the future of the region.  Leaders envision an open, dynamic, resilient and peaceful Asia-Pacific community by 2040, for the prosperity of all of the people and future generations. 

APEC senior officials are tasked by leaders to complete a comprehensive implementation plan for their consideration in 2021.

View the Kuala Lumpur Declaration

View the APEC Putrajaya Vision 2040

Leaders will be hosted by New Zealand in 2021 during its APEC chairmanship.

More on APEC meetings, events, projects and publications can be found on www.apec.org. You can also follow APEC on Twitter and join us on FacebookLinkedIn.

This news release can also be viewed on the APEC website: https://www.apec.org/Press/News-Releases/2020/1120_AELM

REGISTER WITH TRADE WORKS

Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.

Latest News

AMIDST THE STORM: ABAC MEETS IN AUCKLAND

Perhaps a cyclone was after all a fitting backdrop for the meeting of the APEC Business Advisory Council (ABAC) which was held in Auckland on 12-14 February – the global environment against which the meeting took place is decidedly stormy.  In the event the wind...

A YEAR FOR RECONNECTING

As I write this end of year dispatch, NZIBF is preparing to host the first meeting for 2023 of the APEC Business Advisory Council (ABAC).  We are looking forward to welcoming the 200 or so business leaders and senior officials from APEC member economies across the...

NZ Herald: Time to lift our game in India

Following his recent visit to India our Executive Director Stephen Jacobi penned this article advocating a more strategic approach to the further development of the relationship. The article was published by the NZ Herald on 9 December.

APEC Rolls out Priorities for 2023

Issued by the Informal Senior Officials’ Meeting - Honolulu, The United States, 13 December 2022 Aiming to provide tailwinds for member economies to strengthen recovery and resilience, as well as advance broad-based economic growth, the United States rolled out its...

NZIBF 2022 Chair Report

ANNUAL GENERAL MEETING 2022 CHAIR’S REPORT I am pleased to present my second report on the activities and achievements of the NZ International Business Forum (NZIBF) for 2022-23, our fifteenth year of operations.  At the outset I would like to thank Members for...

NZ BUSINESS LEADERS AT APEC 2022

New Zealand business will be represented at the APEC Leaders’ Week in Bangkok, commencing 13 November, by members of the APEC Business Advisory Council (ABAC). New Zealand’s three members – Rachel Taulelei, Malcolm Johns and Anna Curzon – supported by Stephen Jacobi...

Submission to MFAT for CPTPP Review

30 September 2022 Phil Mellor Economic Division, Ministry of Foreign Affairs and Trade, Wellington (By email) Dear Phil, Thank you for your email of 1 September, seeking our comments on the three year review of the Comprehensive and Progressive Agreement for Trans...