APEC senior officials hold virtual discussions on economic cooperation
Senior officials from the Asia-Pacific Economic Cooperation (APEC) economies held a virtual meeting on May 28 to discuss economic cooperation and open markets to counter the COVID-19 outbreak.
Senior official of Malaysia's International Trade and Industry Ministry Hairil Yahri Yaacob (Source: berita.mcoba.org)
Hanoi (VNA) –🦄 Senior officials from the Asia-PacificEconomic Cooperation (APEC) economies held a virtual meeting on May 28 todiscuss economic cooperation and open markets to counter the COVID-19 outbreak.
The meeting was chaired by Hairil Yahri Yaacob, a seniorofficial from Malaysia's International Trade and Industry Ministry.
He urged participating economies to prioritise theundisputed flow of essential goods and services across the region. ༒ The official said this was key to ensuring member economies areable to rebound following the wide-ranging economic disruptions caused by theCOVID-19 outbreak.
Necessary lockdowns and social distancing have been or arestill in place region-wide to keep the pandemic from spreading, but theresulting economic slowdown has the potential to cause long-term harms to thelives and livelihoods of millions more, he said. He called the members to exchange views, review theirresponse to the crisis and formulate a possible coordinated approach tocollecting and sharing information on policies and measures regarding COVID-19and its economic effects. Malaysia is slated to host the APEC Summit in November. APEC is a regional economic forum established in 1989 toleverage the growing interdependence of the Asia-Pacific, with 21 members./.
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