Economic Outlook The deterioration in the economic outlook for the region and the world is of great concern. [...] Work on the Free Trade Area of the Asia-Pacific The discussions at SOM 2 and the MRT on the FTAAP form a strong basis to move forward on our work on regional economic integration and we look forward to further contributing to that effort. [...] We hope that members will take full advantage of APEC’s dialogue mechanism to understand the implications of the different approaches to regional economic integration taken in the various pathways such as the RCEP, CPTPP and Pacific Alliance. [...] We urge members to stand-by the UN brokered deal to facilitate the shipment of grains from the conflict-ridden region and protect the ships making those voyages noting the danger that the crew onboard those ships face. [...] Connect in all Dimensions While travel restrictions in many regional economies, essential to the recovery of the tourism sector, have eased, there remains the risk of a fragmented travel regime emerging from the aftermath of the pandemic.
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- Published in
- Singapore
