Thailand officially takes over APEC chairmanship for 2022
Thailand on November 12 took over the rotating chairmanship of the Asia-Pacific Economic Cooperation (APEC) forum from New Zealand, with Prime Minister Prayut Chan-o-cha declaring the theme for the APEC Year 2022 as "Open. Connect. Balance." at a virtual ceremony.
Prime Minister of Thailand Prayut Chan-o-cha (Source: AFP/VNA)
Bangkok (VNA) – Thailand on November 12 tookover the rotating chairmanship of the Asia-Pacific Economic Cooperation (APEC) forum from New Zealand, with Prime Minister Prayut Chan-o-cha declaring the theme forthe APEC Year 2022 as "Open. Connect. Balance." at a virtual ceremony.
The Thai PM said that Thailand was honored to host the APECmeetings next year, and would continue to work and collaborate with the APECeconomies for common development.
He called on APEC economies to synergize strength anddetermination in realising the goal of creating an open, dynamic, resilientand peaceful APEC community for future generations.
He explained the theme of "Open. Connect.Balance," hoping for APEC to be "opened" to all opportunities,"connected" in every dimension, and "balanced" in allaspects.
During APEC Year 2022, Thailand will hostabout 100 meetings focusing on inclusive and sustainable growth, promoting abalance between the economy and the environment and facilitating trade andinvestment. The 29th APEC Economic Leaders’ Meeting is slated to be held inThailand in November 2022. The country is promoting the concept of Bio, Circular, andGreen Economy, known as the BCG Economy Model, as the driving force behindAPEC's priorities next year./.
The economy of the Asia Pacific Economic Cooperation (APEC) region is forecast to grow by 6 percent this year and will settle at 4.9 percent in 2022, in anticipation of the unwinding of fiscal and monetary support measures, says a newly published report on economic trends in the Asia-Pacific.
In the upcoming Asia-Pacific Economic Cooperation (APEC) Chairmanship Year 2022, Thailand will focus on promoting sustainable, balanced and inclusive development across the socio-economic and environmental aspects that can be enjoyed by all.
Thai Prime Minister Prayut Chan-o-cha will attend the APEC Economic Leaders’ Week (AELW) via videoconference from November 11-12 under the chair of New Zealand.
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