Assess the “Bogor Goals” The first phase of implementation, the process of accelerating regional economic integration, planning focuses on long-term economic growth, sustainable development is a new strategy for the three themes of the summit.

Preheat state entered the APEC summit. November 6th APEC (APEC) Finance Ministers Meeting and the November 7 meeting APEC senior officials will be held on the fourth, opened the 2010 APEC leaders meeting in Yokohama, Japan Week of the curtain.

In the finance ministers meeting, finance ministers attending the global and regional economic situation, economic growth, fiscal management and financing for the discussion of issues that, while the slow recovery of world economy, but the downside risks facing can not be ignored. Economies should further consolidate the economic recovery, while intensifying the restructuring, and effectively improve the demand and growth potential to achieve strong, sustainable and balanced growth. Meanwhile, the economy should strengthen financial management, maintaining financial sustainability, increase infrastructure, SMEs and financial support for green growth.

APEC finance ministers meeting issued a joint statement, considered and adopted the APEC informal leadership meeting will be submitted to the “growth strategies and financing Kyoto report.” In addition, the communique also suggested that all members will move towards a more market-oriented exchange rate system to reflect economic fundamentals, not to competitive devaluations.

November 8, the two-day meeting of APEC senior officials concluded in Yokohama. APEC Senior Officials Meeting has been held 4 times this year, from APEC21 member countries and regions of the senior officials meeting at the ministerial and leaders for the next informal meeting to make final preparations.

In addition to senior officials and outside, from 7 to 14 days, APEC Business Advisory Council will hold meetings in succession, the SME Summit, CEO Summit, an informal ministerial and leaders meetings.

APEC meeting this week’s theme is “change and action”, the participating members will focus on the context of the international financial crisis, the Asia Pacific region in response to the crisis and promoting prosperity and development changes must be implemented, and efforts to change these changes from the vision into concrete action. Three main topics of this meeting by default, that assessment “Bogor Goals” The first phase of implementation, the process of accelerating regional economic integration, planning and long-term sustainable development focusing on new strategies for economic growth.

According to the Executive Director of APEC Secretariat introduced Jacob Mohamed Noor, 21 members of the organization from the ministers and leaders of the Asia-Pacific region’s new growth strategy will be discussed, and is expected in 13 and 14 leaders held an informal meeting was adopted. New growth strategy will promote the economies and the APEC economies, a more balanced way between the growth and support the community to a more inclusive direction, this strategy also includes environmental and sustainable energy development responses.

Jacobs also said that on the “Bogor Declaration” assessment of the implementation of the meeting during the week will also be submitted to the informal leadership meeting. This evaluation report examined a total of 13 economies on the extent of implementation of the Declaration Goals. In addition, around the establishment of a “Asia-Pacific free trade zone,” this vision, APEC, a series of paths. These results also will be submitted to the Ministerial Conference and the informal leadership meeting.

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