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State of the Region 2024-2025

Executive Summary The Asia-Pacific region faces a complex economic landscape characterized by growth potential tempered by significant risks. Forecasts project a GDP growth rate of 3.4% in 2024, with inflation expected to moderate to around 2.3%, but challenges such as geopolitical tensions, climate change, global supply chain vulnerabilities, and ageing populations present substantial risks. These risks are exacerbated by factors such as protectionism, trade conflicts, and the increased frequency of natural disasters affecting economic stability and productivity. Survey insights reveal a region optimistic about growth but concerned about key obstacles. Among the top five risks identified are geopolitical tensions and associated sanctions, climate change impacts, and supply chain...

Pacific Currents

Global value chains: From fruitful discussions to meaningful actions
Juan Navarro, Associate Faculty, Royal Roads University


Climate change in SOTR
Christopher Findlay, Tilak Doshi and Eduardo Pedrosa


Digital Technologies, Services and the Fourth Industrial Revolutions
Submitted by Jane Drake-Brockman, Christopher Findlay, Yose Rizal Damuri and Sherry Stephenson 


COVID-19 has Exposed Major Gaps in our Social Safety Nets: In a Post-COVID World Will these Gaps be Closed?
Hugh Stephens
Vice Chair, CANCPEC; Distinguished Fellow, Asia Pacific Foundation of Canada; Executive Fellow, School of Public Policy at the University of Calgary


 Multilateral Cooperation is a Safeguard against Pandemics
Rebecca Fatima Sta Maria
Executive Director, APEC Secretariat


International cooperation during COVID-19
Sungbae An
Senior Research Fellow, Department of International Macroeconomics and Finance, Korea Institute for International Economic Policy (KIEP)


Member Updates

CNCPEC: Amb. Zhan Yongxin attended the 2023 China (Tianjin) International Fair for Investment and Trade & PECC Expo

On November 22nd to 23rd, Amb. Zhan Yongxin, Chair, China National Committee for Pacific Economic Cooperation, attended the China·Tianjin Forum for Business Cooperation and Development, and the opening ceremony of the 2023 China (Tianjin) International Trade and Investment Fair, and PECC Expo....

KOPEC: DR. Siwook Lee appointed as the new KOPEC Chair

Dr. Siwook Lee succeeds Dr. Heungchong Kim as the Chair of the Korea National Committee for Pacific Economic Cooperation (KOPEC). Dr. Lee is also the President of the Korea Institute for International Economic Policy (KIEP) and professor at the KDI School of Public Policy and Management (on...

MANCPEC: Professor Dr Mohd Faiz Abdullah appointed as the new MANCPEC Chair

Professor Dr Mohd Faiz Abdullah succeeds Mr Herizal Hazri as the Chair of the Malaysia National Committee for Pacific Economic Cooperation (MANCPEC). Professor Faiz is also the Chairman for the Institute of Strategic and International Studies (ISIS), Malaysia. A lawyer by training, Professor Faiz...

MXCPEC: Dr. Gerardo Traslosheros appointed as the new MXCPEC Chair

Dr. Gerardo Traslosheros succeeds Ambassador Sergio Ley as the Chair of the Mexico National Committee for Pacific Economic Cooperation. Dr. Traslosheros is also the Coordinator of the Global Governance Program at the UDLAP Jenkins Graduate School (UJGS) in Mexico City, and Member of the Mexican...

NZPECC: Dr. Alan Bollard appointed as the new NZPECC Chair

Alan Bollard (CNZM; PhD Auck; FRSNZ) is a Professor of Pacific Region Business at Victoria University of Wellington, and inaugural Chair for Pacific Region Business. Alan is also the Chair of the Infrastructure Commission, Chair of the cross-university Centres for Asia-Pacific Excellence, and...

HKCPEC: Prof Tam Kar Yan appointed as the new HKCPEC Chair

Professor Kar Yan TAM is Dean of the HKUST Business School and Chair Professor of Information Systems, Business Statistics and Operations Management. Prior to being Dean of the Business School, he was Dean of Students and Associate Provost at HKUST. Professor Tam is a board member of the...

The Eleventh PECC General Meeting
Concurrent Session

PECC Food and Agriculture Forum II

September 26 - 28, 1995
Beijing, China

 

Tuesday, September 26

0830 Opening Remarks

Co-Chairs:
  • Ms. Carol L. Brookins, Chairman and CEO, World Perspectives Inc, USA
  • Tan Sri Dato’ Dr Augustine Ong, Director, Scientific and Technical Services, Malaysian Palm Oil Promotion Council, Malaysia
  • Mr. Roger J. Baccigaluppi, President and CEO, RB International, USA
0900 Keynote Address
  • HE Wan Baorui, Vice Minister of Agriculture, China
0930 Overview of Agriculture in the Pacific: Setting the Stage

Chair:
  • Dr Augustine Ong, FAF Co-Chair
Presenter:
  • Mr William T. Coyle, Branch Chief, Asia/Western Hemisphere, U.S. Department of Agriculture
1000 Opportunities for Growth in the Pacific Food System
A round table of senior government and corporate officials discussing the issues, problems and potentials in meeting Pacific food system demands from production and trade.

Chair:
  • Ms. Carol L. Brookins, FAF Co-Chair
Presenters:
  • Mr. H. E. Hu, Director, Dah Chong Hong, Ltd, Hong Kong
  • Mr. Donald McGauchie, President, National Farmers Union, Australia
  • Mr. M. S. Shin, Chairman and CEO, Dong Bang Corporation, Korea
  • Mr. Jiro Shiwaku, President, Livestock Industry Promotion Corporation, Japan
1200 Luncheon

Introduction:
  • Mr. Roger J. Baccigaluppi, FAF Co-Chair
Speaker:
  • The Honorable Richard Rominger, Deputy Secretary, U.S. Department of Agriculture
1400 The Impact of WTO, APEC and Western Hemisphere Trade Initiatives:
The Uruguay Round implementation, APEC free trade initiative, NAFTA, and Mercosur are opening and refocusing markets and determining trade and investment flows; the effects and outstanding issues impacting food and farm trade in the region.

Chair:
  • Mr. Roger J. Baccigaluppi, FAF Co-Chair
Presenter:
  • Mr. John G. Reed, Jr, Vice-President and Chief Executive – Europe, Archer Daniels Midland Company, USA
  • Dr. BruceStanden, Managing Director, Australian Meat and Livestock Corporation, Australia
  • Mr. David Vasquez, Buenos Aires Grain Exchange, Argentina
1545 Coffee break
1600 General Outlook for the Pacific: Macroeconomics Affecting the Regional Food System:
Finance, Energy, Physical Infrastructure: Linkages to the Food System

Overview:
  • Dr. Lawrence Krause, PECC Coordinator, Pacific Economic Outlook
Session Chair:
  • Ms. Carol L. Brookins, FAF Co-Chair
Presenters:

Finance
  • Mr Roger Bradshaw, Project Manager – Hong Kong, Rabobank
Energy
  • Dr. Dennis O’ Brien, Chief Economist, Caltex Petroleum
Infrastructure
  • Mr. George Plant, Special Advisor to the Chief of Mission, The World Bank
1730 Progress Report on PECC/APEC Food and Agriculture Program Initiatives Presenters:
  • Ms. Carol L. Brookings, FAF Co-Chair
  • Mr. Tim Galvin, Associate Administor, Foreign Agricultural Service, USDA
  • Professor Allan N. Rae, Director, Centre for Applied Economics and Policy Studies, Massey University of Auckland
1800 Closing Remarks

Wednesday, September 27

1400 Working Groups on the Outlook for Individual Markets

East Asia/ Oceania


Chair:
  • Dr. Augustine Ong, FAF Co-Chair
Australia
  • Mr. Robert Rees, Manager, Crop Economics Section, Australia Bureau of Agriculture and Resource Economics
Chinese Taipei
  • Dr. Tsu-Tan Fu, Research Fellow, The Institute of Economics
Japan
  • Professor Kenzo Hemmi, Professor of International Economics, Towo Eiwa Women’s University
New Zealand
  • Professor Allan Rae, Director, Centre for Applied Economics and Policy Studies, Massey University
1530 Western Hemisphere

Chair:
  • Mr. Roger Baccigaluppi, FAF Co-Chair
Chile
  • Mr. Juan Luis Ceballos, ISASA, S.A. and General Manager, FEPACH
Mexico
  • Mr. Alejandro Valenzuela
Peru
  • Mr. Carlos Fukuda, Chairman, National Committee on Agriculture
United States
  • Mr. Douglas Sims, President, CoBank
1745 Southeast Asia

Chair:
  • Dr. Augustine Ong, FAF Co-Chair
Indonesia
  • Dr. H. S. Dillon, Special Advisor to the Minister for Commodity Trade
Malaysia
  • Dato’ Zolkipli bin Abdul, Deputy Secretary General, Ministry of Agriculture
Thailand
  • Mr. Thavatchai Satrusajang, Royal Thai Embassy, Beijing
Thursday, September 28

0830 Special Presentation

Introduction:
  • Dr. Augustine Ong, FAF Co-Chair
Speaker:
  • The Honorable Ngo The Dan, Vice Minister, Ministry of Food and Agriculture, Vietnam
0900 Trends in Consumer Markets in the PECC Region

Chair:
  • Mr. Roger J. Baccigaluppi, FAF Co-Chair
Presenters:
  • Mr. Juan Luis Ceballos, General Manager, ISASA S.A. and FEPACH, Chile
  • Mr. Shigeru Endo, Executive Managing Director, Mitsui & Co Ltd, Japan
  • Mr. Steve Sondakh, Director, The Hero Group (Indonesia)
  • Ambassador Alvaro Escallon, Colombian Ambassador to Beijing, Colombia

1030 Sectoral Industry Working Groups

Industry Working Group Leaders
Consumer Foods:
  • Mr. Kiyoshi Ide, Corporate Director, Master Foods K. K., Japan
Dairy, Livestock:
  • Mr. Joel Haggard, U.S. Meat Export & Poultry Federation Representative
Fruits & Vegetables:
  • Mr. Thomas Leahly, Vice President, International Sales, Sun Diamond Growers of California, USA
Grains & Feeds
  • Mr. Nigel Oficer, Australian Wheat Board
Oilseeds
  • Dr. Augustine Ong, Palm Oil Promotion Board, Malaysia
Production
  • Dr. Chin Wu-Hsiung, Director, Agriculture Economic Planning Department, Council on Agriculture, Chinese Taipei
1200 Luncheon

Introduction:
  • Ms. Carol L. Brookins, FAF Co-Chair
Speaker:
  • The Honorable M.M. AbdulBassirov, First Deputy Minister, Ministry of Food and Agriculture of the Russian Federation
1400 Informal Business Discussions with Chinese Counterparts
1500 Coffee Break
1515
In-Depth Discussion of Current Trends and Prospects in China’s Agriculture and Food System

Chair:
  • Dr. Augustine Ong, FAF Co-Chair
Presenters:

Analytical Report on Chinese Food Development in the Early 21st Century
  • Dr. Mei Fangquan, Director, Office of Macroeconomics Research, Chinese Academy of Agriculture Sciences
Outlook on Food and Agriculture
  • Dr. KE Bingsheng, Dean, College of Agriculture Economics, Beijing Agricultural University
Food Security and Market Reform
  • Dr. Zhong Funing, Director, Department of Economics and Trade, College of Economics and Trade, Nanjing Agricultural University
Proposals on Meeting Asia’s Changing Food Requirements
  • Dr. Li Weimin, Professor, Institute of Agricultural Economics, Chinese Acadmy of Agricultural Sciences

1700 Closing Remarks