National Center for APEC

THE VOICE OF U.S. BUSINESS IN THE ASIA PACIFIC

NCAPEC EVENTS

  • April 25 - April 28, 2017
    Transportation Working Group Meeting
  • April 26 - April 27, 2017
    Energy Working Group Meeting
  • April 26 - April 29, 2017
    ABAC II
  • May 7 - May 18, 2017
    Senior Officials Meeting (SOM) II
  • May 7 - May 8, 2017
    Policy Partnership on Women and the Economy

View full calendar

Giving U.S. Business a Voice in the Asia-Pacific

Giving U.S. Business a Voice in the Asia-Pacific

The National Center for APEC (NCAPEC) is dedicated to advancing the U.S. business community’s views in the dynamic Asia-Pacific region. Established in Seattle, Washington in 1994, NCAPEC is the only U.S. business association focused exclusively on facilitating private sector engagement in the Asia-Pacific Economic Cooperation (APEC) process.


Complete list of NCAPEC publications

Peru hosted the 2016 APEC Food Security Week in the northwestern city of Piura from September 16-27.

The Policy Partnership on Food Security (PPFS), APEC’s public-private cooperative forum established to address food security issues in the region, met from September 24-25 and was chaired by the Peruvian Vice Minister of Agriculture, Juan Carlos Gonzales. This second meeting of 2016 was an opportunity to make progress on APEC’s food security goals and to highlight ABAC’s recommendations to Food Security Ministers.

Vietnam will host the next PPFS meeting in February during the first Senior Officials’ Meeting. It will also host a PPFS meeting August 21-25, as part of the 2017 APEC Food Security Week.

The Executive Dialogue on Food Security was held September 26 and was chaired by Peru’s Minister of Agriculture, José Manuel Hernández. The dialogue provided senior business executives an opportunity to share their views with APEC Ministers and senior officials on issues including food trade and markets, new technologies, food sector investment, and sustainability. 

Agriculture ministers and senior agriculture officials met on the 27th for the fourth APEC Food Security Ministerial Meeting and issued the APEC Food Security Declaration.

For a more detailed readout on the Food Security Week, please contact Barbara Hazzard at bhazzard@ncapec.org.

From October 14-15 in Lima, Peru, business and government representatives gathered for the APEC Finance Ministers’ Meeting (FMM ).

Finance Roundtable
This year, Peru planned a two-day event that began with a private sector Finance Roundtable to review initiatives and issues that would be discussed on day 2 at the Executive Dialogue with Finance Ministers.
The goal of the Finance Roundtable was to provide a detailed overview of topics the private sector planned to discuss at the Dialogue. Representatives gave in-depth presentations on a variety of topics that touched on the three priority issues identified by Peru’s Ministry of Finance. Topics included:   

  1. Financing Infrastructure to Achieve Sustained Growth
  2. Promoting Access to Finance to Achieve Inclusive Growth
  3. Strengthening Disaster Risk Financing and Insurance to Achieve Resilient Growth

Executive Dialogue with Finance Ministers
Ministers and executives joined together on day 2 for the Executive Dialogue Luncheon. Private sector speakers gave brief presentations and directed questions to Finance Ministers. Ministers seemed engaged during the luncheon, and while all remarks were off-the-record, many provided interesting insights related to issues participants raised and discussed.

Finance Ministers’ Meeting
The FMM was held on October 14-15. There were four sessions; topics included restoring growth through trade in Latin America, implementing base erosion and profit shifting, and disaster risk financing and insurance policies.

Each FMM concludes with the issuance of a joint ministerial statement. Read the 2016 APEC Joint Finance Ministerial Statement here.

For a more detailed readout on the Finance Ministers Meeting, please contact Mia Reyes at mreyes@ncapec.org.

Government Meetings
APEC officials are making their final preparations for a series of meetings that comprise APEC Leaders’ Week. Government events commence with the Concluding Senior Officials’ Meeting (CSOM) on November 14-15, followed by the Annual Ministerial Meeting (AMM) on November 17-18, and the APEC Leaders’ Meeting on November 19-20. ABAC Members will join APEC Leaders on November 19 for their annual dialogue. Officials will release statements from the AMM and Leaders’ Meeting, respectively.

Business Events
The APEC CEO Summit is less than one month away!  Join Christine Lagarde, Managing Director of the IMF, and Mark Zuckerberg, Chairman and CEO of Facebook, along with APEC Leaders and global business executives for this can’t-miss event. The registration deadline has been EXTENDED to October 31, though space is limited. Register at www.apecceosummit2016.com.

Leaders from 19 countries and the European Union gathered September 4 and 5 in Hangzhou, China for the annual G20 economic summit. While there, leaders discussed pressing global trade and economic issues and considered ways to deepen international cooperation. At the summit, leaders agreed to the Hangzhou Consensus – a set of policies and actions aimed at promoting “strong, sustainable, balanced, and inclusive growth.” Leaders also launched the Hangzhou Action Plan, which contains short and long-term guidance on macroeconomic and structural policies. Other key issues discussed included innovation and the digital economy, international financial and tax systems, excess capacity issues, trade and investment, and exchange rate manipulation, among others.

For the most part, the issues discussed among leaders at the summit have been the focus of ongoing work, and many of these issues are also being addressed in APEC, as well. Though the G20 and APEC are comprised of different members (excluding nine countries: Australia, Canada, China, Indonesia, Japan, Korea, Mexico, Russia, and the United States), they share broad objectives on trade, investment, development, and innovation issues. In the wake of Brexit and slower economic growth, APEC and G20 leaders may be especially keen to align their agendas to promote the benefits of globalization and trade in the coming year….

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