President Jokowi Pushes Three Things at the APEC Summit

INDUSTRY.co.id - Da Nang- President Joko Widodo encouraged three things to be done by the leaders of the Asia-Pacific Economic Cooperation (APEC) members, namely the issue of inclusive development, the completion of "Bogor Goals" and the utilization of technological developments and innovation.

"If not repaired it will lead to a widespread of thought and protectionist movements and anti-globalization," said President Jokowi while attending the APEC Summit in Da Nang, Vietnam on Saturday (11/11/2017)

The data indicate an increase in welfare and poverty reduction in APEC, but development progress is still uneven, so inclusive development is important because it can benefit society in general.

"In addition, the current globalization process also results in chronic inequality of income due to unequal benefits of globalization," said President Jokowi.

Secondly, President Jokowi encouraged APEC to immediately complete the unfinished "Bogor Goals" agenda, since 23 years "Bogor Goals" have been the driving force for APEC cooperation.

"Bogor Goals reflects the importance of free and open trade and investment as well as the realization of economic growth and people's prosperity," the President added.

Finally, President Jokowi invites all APEC members to take advantage of technological developments and innovations in the vision after 2020. A number of anticipatory and adaptive steps must be undertaken by APEC to reduce the gap in development gaps.

"Encouraging regional economic integration, continuing structural reforms, resolving regulatory constraints, implementing productive growth strategies, realizing sustainable and equitable development, and reducing economic disparities," said President Jokowi.

President Jokowi also hopes APEC members can work together to strive for the APEC vision can produce real results and beneficial to the people around the world.

"The balance of pillars of liberalization and facilitation of trade and investment as well as economic and technical cooperation are a key to increase for success," the President said.

The President delivered these three points in a working lunch session with 20 other APEC member leaders. The leaders agreed to start the process post 2020. It also emphasized that APEC needs to continue to play the role of an incubator model for regional integration.

APEC leaders also shared the view that the focus of APEC cooperation is the people and business people so that the post-2020 APEC vision should be built on the basis of "Bogor Goals" and with the addition of an area of ​​cooperation as a result of the industrial revolution.

In closing, Viet Nam President, APEC Chair of 2017, asserted that APEC post 2020 should be aspiration, ambitious but also realizable.

The 2016 APEC theme is "Creating New Dynamics, Building a Common Future" will focus on several issues, including sustainable economy, regional integration, strengthening the competitiveness of small and medium-sized micro enterprises, climate change agricultural funds. (Ant)