Indonesia pushes for expediting economic recovery in Asia Pacific

Indonesia pushes for expediting economic recovery in Asia Pacific

Jakarta (ANTARA) - The Indonesian government is committed to accelerating economic recovery in the Asia-Pacific region by actively participating in the Asia Pacific Economic Cooperation (APEC) forum.

"Synergy, collaboration, and mutual respect are the keys to boost the achievement of APEC's vision and efforts to expedite handling of the pandemic," Djatmiko Bris Witjaksono, the director general of International Trade Negotiations at the Ministry of Trade, noted in a statement here on Friday.

Witjaksono conveyed the statement at the second virtual meeting of the Committee on Trade and Investment (CTI2) of APEC held online on May 25-27, 2021.

The meeting was part of a series of APEC meetings hosted this year by New Zealand as this year's APEC chairman, under the theme of "Join, Work, Grow. Together."

Meanwhile, Director of APEC Negotiations and the International Organizations of the Ministry of Trade, Farid Amir, as chief of the Indonesian delegation for the CTI forum, stated that Indonesia supports the three priorities of New Zealand's chairmanship.

As a regional economic forum, the APEC is required to take collective actions in expediting economic recovery that is inclusive, sustainable, and based on innovation and digitalization, according to Amir.

"The ongoing economic recovery efforts should be felt by every level of society, especially in the Asia-Pacific region,” Amir emphasized.

Amir highlighted that the Indonesian government was currently applying trade policies to address the impacts of the COVID-19 pandemic while prioritizing public safety, health, and welfare. New Zealand, the 2021 APEC chair, has underscored its commitment to helping APEC chart its course for the subsequent two decades and organizing its agenda around three policy priorities.

The priorities are economic and trade policies that bolster recovery, with focus on the right macroeconomic, microeconomic, and trade policy choices; increasing inclusion and sustainability for recovery by building a better society for all people and generating a green recovery; and pursuing innovation and a digitally enabled recovery by accelerating the APEC region’s work in these areas. Related news: Indonesia to play key role in Asia-Pacific economic integration: ABAC
Related news: Indonesia asks APEC to ensure global market access for MSMEs