Jakarta (ANTARA) - Thailand has contributed around US$46 thousand to strengthen APEC’s research and analysis arm, the APEC Policy Support Unit, in delivering objective and high-quality research and enhance its analytical and policy support capabilities.



The contribution was confirmed by an official letter from Thailand’s APEC senior official, Cherdchai Chaivaivid, and received by director of the APEC Policy Support Unit, Denis Hew, earlier this year, as noted in a statement issued by the APEC Secretariat and received here on Friday.



"Thailand commends the role of the Policy Support Unit that supports APEC 2022 Thailand’s theme of ‘Open, Connect, Balance’ and key priorities to deepen economic integration, reconnect the region to restart economic recovery, as well as promote post-COVID-19 economic growth that is inclusive, sustainable, and balanced," Cherdchai said.



Thailand recognizes APEC’s unique position as the premier forum for regional economic cooperation as well as a modern, efficient, and effective incubator of ideas, he added.



Thailand’s financial contribution will support the operation of the Policy Support Unit to assist APEC member economies in the advancement of the Putrajaya Vision 2040 and the Aotearoa Plan of Action, he said.



Established in 2007 by APEC ministers, the APEC Policy Support Unit undertakes detailed research on various topics and produces research and policy analysis reports, policy briefs, and issue papers as well as provides data, insights, and commentary on economic issues within APEC.



"We seek to engage and complement the work of other international organizations, policy think tanks, and research institutes," Hew stated.



"By pursuing opportunities for joint research and analysis, we endeavor to provide APEC members with wider resources and eventually help improve officials’ deliberations and decisions in the forum," he added.



"The contribution from Thailand will help boost APEC’s capability in regional research and analysis," Hew said.

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Reporter: Yuni Arisandy Sinaga
Editor: Sri Haryati
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