APEC 2017

In their annual report to APEC leaders, released today, members of the APEC Business Advisory Council (ABAC) called on leaders to show leadership on further liberalization of trade in goods and services as well as investment flows.

These issues will be discussed by ABAC members in their annual dialogue with APEC leaders this Friday.

“This means tackling structural reforms and non-traffic barriers, encouraging cross-border investment and maintaining the commitment to make the Free Trade Area of the Asia Pacific a reality,” the 2017 ABAC Chair Hoang Van Dung said.

He said APEC 2017 in Vietnam would also provide opportunities to liaise with Australia, New Zealand, Japan and other nations who are assisting PNG to host next year’s event.

“Our friends have generously decided to pitch in.

“Like us, they also see the benefits of connectivity in a globalizing world, and making sure our country is well and truly on the radar for investment and development partnerships.”

Pato will arrive in Vietnam today, and will be talking to investors to consider investing in Papua New Guinea.