Monday, May 20
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0800-0900
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Registration
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0900 -0920
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Welcoming of New Members
Presenter:
- Dr. Saburo Okita, Chair, JANCPEC
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0930-1000
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Opening and Keynote Address
Chair:
- Mr. S. Chandra Das, MP (Singapore); Present PECC Chair
Speaker:
- Mr. Goh Chok Tong, Prime Minister of Singapore
Thanks:
- Ambassador Richard Fairbanks III (US); Incoming PECC Chair
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1000-1030
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Reception
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1030-1100
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Session I: The Chairmen’s Presentations
Chair:
- Dr. Nam Duck-Woo, Chair, KOPEC
Speakers:
- Rt. Hon. Brian Talboys (New Zealand); Past PECC Chair
- Mr. S. Chandra Das, MP (Singapore); Present PECC Chair
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1100-1215
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Session II: The Pacific and the International Trading System
The Pacific encompasses four continents and has the largest volume of world trade. The same breadth of expanse and activity, however, is no less reflected in its sheer diversity on all levels. The issue of how to accommodate different trading interests, given the varying levels of economic development and social and political systems, is an important one that requires much discussion. Specifically, how the region responds to the recent stalemate in the GATT Uruguay Rounds and the emergence of regional and bilateral economic arrangements will have substantial impact on the direction of the international trading system.
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0830 - 0940
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Chair:
- Mr. Kerrin Vautier, Chair, NZPEC
Speaker:
- Dato’ Seri Rafidah Abdul Aziz, Minister of International Trade and Industry, Malaysia
General Discussion
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1215 - 1345
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Luncheon hosted by the Singapore Federation of Chambers of Commerce and Industry (SFCCI)
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1345 - 1515
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Session III: The Pacific Economic Outlook
The economic outlook for the Asia-Pacific region will be discussed in the light of the major political and economic events occurring in the world. Critical estimates in the forecast growth in the region. The major threats to the forecast will also be addressed.
Chair:
- Dr. William Saywell, Chair, CANCPEC
Speakers:
- Professor Lawrence Krause, Coordinator, PECC Pacific Economic Outlook Project
- Professor Yasukichi Yasuba, Co-Coordinator, PECC Pacific Economic Outlook Project (Structure)
Commentator:
- Dr. Soogil Young, Senior Fellow, Korea Development Institute
General Discussion
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1515 - 1530
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Tea
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1530 - 1700
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Session IV: Pacific Growth and Energy Security in the 1990s
The growth in Pacific energy demand in the 1990’s supplies from the rest of the world. The dilemma will stimulate interest in switching to regional sources of oil, in switching to other local energy sources like gas or coal, and in re-examining fuels such as nuclear power previously given a lower priority. At the same time, concerns about the regional and global environment impacts of growth will complicate design of fuel switching strategies.
These developments pose big challenges for government and business in the Pacific.
They highlight issues concerning the funding of the investment required in refinery capacity, power generation and other infrastructure, the role of the private sector in contributing that investment, the consequent importance of market-led pricing policies, the contradiction between environmental objectives and supply security interests in the region, the importance of the design of sufficient exploration required and the encouragement to new suppliers, such as the economies of IndoChina or the Soviet Far East.
Chair:
- Sir Russell Madigan, Chair, AUSPECC
Speakers:
- Mr. Suyitno Patmosukismo, Director-General, Oil and Gas Ministry of Mines and Energy, Republic of Indonesia
- Professor Mitsuru Miyata, Senior Managing Director, Institute of Energy Economics, Japan
General Discussion
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1930
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Dinner hosted by the Minister for Foreign Affairs and Minister for Community Development and Mrs Wong Kan Seng
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Tuesday, May 21
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0845 - 0930
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Session V: Statements by the New Members
Chair:
- Dr. Thanat Khoman, Chair, TNCPEC
Speakers:
- Mr. Edmundo Vargas, Deputy Minister of Foreign Affairs, Chile
- Mr. Joseph Wong, Deputy Secretary for Trade and Industry, Hong Kong
- HE Mr. Fernando Solana, Minister of Foreign Affairs, Mexico
- Eng. Victor Joy Way, Minister of Industry, Trade, Tourism and Integration, Peru
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0930 - 1030
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Session VI: Pacific Growth and the Global Capital Market
Economic growth in the Pacific Basin is becoming increasingly driven by capital movements, both Long- and short-term. While US investments have always been substantial, the increase in capital outflows from Japan and the Asian NIEs are a major factor in the export boom of the ASEAN countries. At the same time, volatility in the stock market, bank closures, debt and other problems have spill-over effects on company performance and the business in general. These will be some of the issues discussed in this session.
Chair:
- Mr. Jusuf Wanandi, Chair, INCPEC
Speaker:
- Dr. Victor Fung, Chairman, Prudential Asia Capital Ltd, Hong Kong
Commentator:
- Mr. Patrick Teo, Managing Director, Rothschild and Sons, Singapore
General Discussion
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1030- 1100
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Tea
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1100 - 1230
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Session VII: The Telecommunications Revolution in the Pacific
Strong, sustainable economic growth in the Asia-Pacific region will depend on a modern, well-integrated telecommunications infrastructure. The competitive advantages of such an infrastructure are becoming evident in Western Europe, but the Asia-Pacific area has yet to undertake a comprehensive review of its telecommunications development. Amid a worldwide information revolution, what factors need to be addressed to enhance telecommunications cooperation in the Pacific region and what specific strategies might usefully pursued?
Chair:
- Mr. Encik Harun Siraj, Vice-Chair MANCPEC
Speakers:
- Mr. Inchiro Yamanouchi, President and CEO, NTT International Corporation, Japam
- Mr. Eugene Eidenberg, Executive Vice President, MCI Telecommunications Corporation, US
General Discussion
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1230 - 1400
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Luncheon hosted by the Singapore National Committee for Pacific Economic Cooperation (SINCPEC)
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1400 - 1530
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Session VIII: Challenges to Pacific Economic Cooperation: A Panel Discussion
This session will discuss the work of all PECC task forces, fora and working groups, and will examine their recommendations for promoting cooperation in the various fields. The Coordinators of the PECC task forces, fora and working groups will act as a resource panel for this discussion.
Chair:
- Dr. Peter Drysdale, Director, PAFTAD
Speakers:
- Dr. Hadi Soesastro, Chair, Coordinating Group
- Professor Allan Rae, Coordinator Task Force on Agricultural Policy, Trade and Development
- Dr. Gordon Munro, Coordinator Task Force on Fisheries Development and Cooperation
- Dr. Linda Low, Coordinator Human Resources Development Task Force
- Dr. Christopher Findlay, Coordinator Minerals and Energy Forum
- Professor Akio Watanabe, Coordinator Task Force on Pacific Island Nations
- Mr. Alan Bickell, Coordinator Science and Technology Task Force
- Mr. Steven Wong, Coordinator Trade Policy Forum
- Mr. Jiro Tokuyama, Project Director Task Force on Transportation, Telecommunications and Tourism.
- Dr. Tho Yow Pong, Coordinator Task Force on Tropical Forest Cooperation
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1530 - 1600
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Tea
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1600 - 1700
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Session VIII: Challenges to Pacific Economic Cooperation (cont’d) : A Panel Discussion
Chair:
- Dr. Chen-Fu Koo, Chair, CTPECC
General Discussion
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Wednesday, May 22
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0900-0930
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Address:
- Mr. Dan Quayle, Vice President of the United States of America
Chair:
- Mr. S Chandra Das, MP, Present PECC Chai
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0930- 1000
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Reception
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1000 - 1045
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Session IX: Report on the PECC Charter
Chair:
- Mr. Wilhelm Ortaliz, Acting Chair, PPECC
Speaker:
- Amb. Richard Fairbanks III, Convenor, PECC Charter and Membership Sub-Committee
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1045 – 1130
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Session X: Other Issues: A General Discussion
Chair:
- Mr. Li Luye, Chair, CNCPEC
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1130 - 1215
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Session XI: Closing Statements
Chair:
- Pg. Anak Dato Haji Puteh, Chair Brunei Darussalam National PECC Committee
Statements by Guests
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1215 – 1230
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Session XII: Handing Over Ceremony
Outgoing PECC Chair:
- Mr. S Chandra Das, MP (Singapore)
Incoming PECC Chair:
- Amb Richard Fairbanks III (US)
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1230 – 1400
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Farewell Luncheon hosted by the Singapore National Committee for Pacific Economic Cooperation (SINCPEC)
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