Indonesian President Joko Widodo (R) in a meeting with Vietnamese PM Nguyen Xuan Phuc on the sidelines of the 2017 G20 Hamburg Summit. Photo: VGP
The Indonesian President is scheduled to attend a dialogue between APEC leaders and the APEC Business Advisory Council (ABAC) and leaders of the Association of Southeast Asian Nations (ASEAN) on November 10, as well as joint activities of APEC leaders on the next day.
During the dialogue with the ABAC, President Widodo, along with leaders from China, Peru and New Zealand, will discuss measures to bolster regional economic cooperation to enter the era of digitalization.
He will also will discuss innovative growth and regional inclusion in economic, social and financial areas; new drivers of regional trade and investment, especially related to technological advancements and access to digital devices with other APEC leaders.
The Indonesian President will speak about rural development promotion, maritime cooperation, and connectivity cooperation as well as promoting digital-based MSMEs.
Established in 1989, the Asia-Pacific Economic Cooperation (APEC) forum comprises 21 economies, including Australia, Brunei, Canada, Chile, China, Hong Kong-China, Indonesia, Japan, the Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Chinese Taipei, Thailand, the US, and Vietnam.
APEC represents about 39 percent of the world’s population and contributes 57 percent to global GDP and 49 percent of international trade.
Source: VNA