IDXChannel - The 2023 APEC Economic Leaders’ Week hosted by the United States (US) has commenced in San Francisco.
Under the theme of “Creating a Resilient and Sustainable Future for All”, leaders, ministers and officials will discuss a wide range of issues this year including trade and investment facilitation, the digital economy, clean energy and climate, health, gender equity and equality as well as anti-corruption and food security.
“Hosting APEC this year provides the United States with the opportunity to shape trade policies and drive economic growth in a vibrant Asia-Pacific region, which represents nearly 40 percent of the world's population, almost half of global trade and over 60 percent of the global economy,” said Ambassador Matt Murray, United States’ Senior Official for APEC.
According to him, seven of the US’ top 10 trading partners are APEC members. Businesses from APEC member economies have invested more than USD1.7 trillion in the US, with these investments employing 2.3 million American workers.
“This trade and investment engagement underscores APEC’s strategic role in our economic partnerships as this forum remains the premier platform for advancing economic and trade policies, fostering innovative ideas and supporting businesses, particularly small and medium-sized enterprises (SMEs),” he added.