APEC SOM1 highlights globalisation reset

by VTV402 March 2017 Last updated at 05:31 AM

The first Senior Officials’ Meeting (SOM 1) gathering representatives from 21 member economies of the Asia-Pacific Economic Co-operation (APEC) opens today in central coastal province of Khanh Hoa’s Nha Trang City. — VNA/VNS Photo Nguyen Khang
The first Senior Officials’ Meeting (SOM 1) gathering representatives from 21 member economies of the Asia-Pacific Economic Co-operation (APEC) opens today in central coastal province of Khanh Hoa’s Nha Trang City. — VNA/VNS Photo Nguyen Khang

VTV.vn - The first APEC Senior Officials Meeting (SOM1) kicked off this morning (Thursday) in Nha Trang city, south central Khanh Hoa province, and was attended by delegates from the 21 member economies of the APEC Forum.

In the morning session, participants highlighted the idea of "resetting globalisation". This motto underlines APEC's determination to boost globalisation and free trade. Participants agreed that despite global and regional economic growth being slow, the Asia-Pacific region remains the engine of economic growth and integration, and a pioneer in advancing trade and investment liberalisation. After the last 12 days of meeting at the technical level, Thursday's morning session focused on priorities in cooperation between APEC members for the coming year. SOM1 is also expected to discuss how to ensure that growth benefits include improving social inclusion, promoting full and productive employment, economic empowerment of women, youth and people with disabilities.

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