According to the latest APEC Regional Trends Analysis, APEC economies continue to strengthen but their growth and more equitable distribution of the benefits hinge on the fate of market openness and integration in the Asia-Pacific.
Director of the APEC Policy Support Unit on the trade and inclusive policy outlook for PNG and the broader region, Dr Dennis Hew, revealed that APEC GDP growth surged to 4.1 percent in 2017 from 3.4 percent in 2016.
However, he said high growth is expected to be maintained in 2018 and 2019.
