Senior Officials Chart Policy Agenda On Economic And Technical Cooperation

Tuesday, 11 March 2025, 8:00 pm
Press Release: APEC

Issued by the SOM Steering Committee on
Economic and Technical Cooperation
Gyeongju,
Republic of Korea, 8 March 2025

In a city where
tradition and innovation converge, senior officials from
across the Asia-Pacific gathered in Gyeongju with
representatives from specialized technical working groups
and policy partnerships—each focusing on areas such as
energy, telecommunications, and skills development—to
discuss the year ahead.

Their collaborative work aims
to advance growth and prosperity across all member economies
and is a key part of Korea’s forward-looking 2025 host year
theme, “Building
a Sustainable Tomorrow.”

“Our
agenda for economic and technical cooperation in 2025 is not
merely about addressing today’s issues; it’s about
laying a solid foundation for the Asia-Pacific of
tomorrow,” remarked Cheng Lie, Chair of the APEC SOM
Steering Committee on Economic and Technical Cooperation (SCE).

“We
must harness digital transformation, foster sustainable
practices, and drive economic integration to build a future
that is both resilient and inclusive,” Cheng Lie added,
emphasizing that the region’s long-term prosperity hinges
on innovative policy solutions that bridge current
challenges with future opportunities.

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Central to the
committee’s work is bolstering capacity building across
key economic drivers—trade and investment; innovation and
digitalization; and sustainable, inclusive growth—with a
focus on areas such as artificial intelligence (AI),
digitalization, and demographic shifts in the
region.

By leveraging emerging technologies, the SCE’s
working groups and policy partnerships aim to accelerate
public service delivery and promote a competitive digital
economy across the region, envisioning a digital ecosystem
that empowers governments, businesses, and citizens
alike.

Environmental sustainability also took center
stage, with discussions highlighting the need to integrate
green policies into the broader economic agenda. The SCE
will continue to lead on the annual Bio-Circular-Green
Award, an initiative that recognizes distinguished
individuals implementing sustainable
approaches.

Senior officials stressed the importance
of collaboration, underscoring that a coordinated approach
is essential to overcome the challenges posed by rapid
globalization and technological change.

The outcomes
of this meeting will serve as critical input for subsequent
APEC discussions, reinforcing the region’s resolve to
navigate global challenges with cohesive and forward-looking
economic
cooperation.

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