Issues

PECC 30th General Meeting: Achieving a Sustainable and Inclusive Asia-Pacific through Innovation

Thursday, August 31, 2023

The 30th PECC General Meeting concluded on 15th August 2023. The event was hosted by the US PECC Committee during the APEC SOM 3 cluster of meetings held in Seattle. Over 100 delegates from 22 economies participated in person and virtually in the discussions. Participants came from different sectors of society; government; business; academia; civil society; and local governments. The conference featured in-depth discussions on: Digital Solutions to Environmental Challenges and Climate Change;...

FTAAP Pathways to Prosperity

Sunday, July 23, 2023

A multi-year project led by AUSPECC to advance regional thinking on inclusive growth, economic integration, stability and cooperation in the region. The intention is to lead a fresh conversation about the value of enhanced cooperation and regional integration, in order to better develop ideas about how to proceed to those goal, and to use the concept of an FTAAP as a framework for this conversation. The aim is to: Explore how an FTAAP work program based on advancing the concept of an FTAAP can...

29th PECC General Meeting Concludes

Monday, November 21, 2022

The 29 th PECC General Meeting concluded on 3 rd November 2022. The event was hosted by the Thailand National Committee of the Pacific Economic Council (TNCPEC) and the International Study Centre of the Thai Ministry of Foreign Affairs on the theme of “ Asia Pacific beyond Thailand APEC 2022 ”. The conference provided insights and in-depth discussions on 3 key themes: 1. The disruption affecting APEC connectivity during 2016-2022 2. Trends of trade and investment liberalization / restrictions...

PECC Statement to APEC Finance Ministers

Wednesday, October 27, 2021

Dr Richard Cantor, International Co-Chair represented PECC at the APEC Finance Ministers Meeting held on 22 October 2021. At their meeting Finance Ministers from the Asia-Pacific shared views on responding to COVID-19 for a sustainable and inclusive recovery and the use of fiscal policy and budget management to address ongoing challenges. Dr Cantor, also the chair of the USPECC committee and the Chief Credit Officer for Moody’s Corporation and Moody’s Investors Service shared highlights from...

28th PECC General Meeting Concludes

Wednesday, August 04, 2021

The 28th PECC General Meeting concluded on 22nd July 2021. The event was hosted by the New Zealand Committee of the Pacific Economic Cooperation Council (NZPECC) on the theme of “ Implementing the Putrajaya Vision: Revitalising the Regional Economy and Ensuring Sustainable and Inclusive Societies ”. The 2- days conference provided valuable insights and in-depth discussions from distinguished speakers and panellists, focusing on 4 key themes: 1. Challenges of the COVID recovery: Managing COVID...

PECC Statement for 3rd APEC Structural Reform Ministerial Meeting

Friday, June 25, 2021

On behalf of PECC Co-Chairs, Mr. Eduardo Pedrosa, Secretary-General of PECC attended the 3rd APEC Structural Reform Ministerial Meeting virtually on 16 June 2021. This meeting is pivotal not only because it will set forward APEC’s further work on structural reform for the next 5 years, but also its relative importance to the overall APEC agenda. PECC’s statement to the ministers identified 5 key action areas that needed to be addressed in APEC’s next phase of work on structural reforms::...

APEC Trade Ministers Act to Boost Vaccine Production

Monday, June 14, 2021

PECC co-chairs Dr Richard Cantor and Ambassador Zhan Yongxin represented the Council at the APEC Ministers Responsible for Trade meeting. During the meeting Dr Cantor spoke on behalf of the co-chairs noting that “ Last month we met with our PECC executive committee to discuss developments in the region, and there was an unambiguous message from our members that the economic recovery remains fragile with several economies in our region suffering from 2nd or 3rd waves of infections. ” Dr Cantor...

WTO Services Domestic Regulation Fact sheet

Thursday, April 29, 2021

Services trade has grown considerably in the past decade and is estimated to now account for around half of international trade. At the same time, the 2019 WTO World Trade Report found that the costs of trading services are about twice as high as trade costs for goods. A significant portion of these costs are the result of regulatory divergence, as well as opaque regulations and cumbersome procedures. Through the WTO Joint Initiative on Services Domestic Regulation, a group of 63 WTO...

27th PECC GENERAL MEETING CONCLUDES

Friday, December 18, 2020

The 27th PECC General Meeting concluded on 17 December 2020. The event was hosted by the Malaysian National Committee for Pacific Economic Cooperation (MANCPEC) on the theme of “ Optimizing Human Potential Towards Future of Shared Prosperity and Sustainability in Times of Covid-19. ” Ambassador Don Campbell, international co-chair of PECC said that how we respond to the Covid-19 crisis was a defining moment of our age. While we were in a moment of danger, we were also in a moment of...

APEC CSOM 2020 - Briefing on PECC perspectives on the development of the post-2020 APEC Vision

Friday, November 13, 2020

On behalf of the PECC co-chairs, Ambassador Don Campbell briefed the APEC Concluding Senior Officials Meeting on PECC perspectives on the development of the post-2020 APEC Vision. He noted that PECC had worked closely with APEC officials in the development of the post-2020 vision organizing a number Multistakeholder Dialogues with APEC since the process began back in 2016. He emphasized the need for the post-2020 to address some of the longer term issues facing the region including the urgent...

COVID-19: Message from Co-Chairs

Tuesday, May 26, 2020

On 11 March the World Health Organization made the assessment that the COVID-19 outbreak was a global pandemic. This virus has now spread across our entire region and the world. The impact on human life and economic activity has already been harsh and is likely to continue to be so. The World Health Organization has said that the response must be “a whole-of-government, whole-of-society approach, built around a comprehensive strategy to prevent infections, save lives and minimize impact”. We...

State of the Region 2019 - 2020 report released in Kuala Lumpur | 13 December 2019

Friday, December 13, 2019

State of the Region Report 2019-2020 Released in Kuala Lumpur The fourteenth annual PECC State of the Region 2019-2020 report was released today. The SOTR is an annual report from PECC’s on the major developments affecting Asia-Pacific regional cooperation. It contains a macroeconomic overview of the current state of the Asia-Pacific region, as well as the results of PECC's annual survey of the region's opinion leaders. This year, the survey was conducted from 5 August to 20 September and...