Sofitel Hotel, Bali, Indonesia
8 October 2013
President Benigno S. Aquino III participated in a working lunch with world leaders to exchange views on sustainable growth with equity: food, water and energy security, after a productive APEC Economic Leaders’ Meeting Retreat.
Headed by host President Susilo Bambang Yudhoyono, the concluding ceremonies immediately followed where the Heads of Government/State highlighted the results of leaders’ year-long discussions. The seven strategic agreements are: 1) to redouble efforts to attain the Bogor Goals in 2020; 2) to increase intra-APEC trade or intra-region trade, including through trade facilitation, capacity building, and the functioning of a multilateral trade system; 3) to accelerate APEC’s physical, institutional, and people-to-people connectivity 4) to achieve a strong, balanced, sustainable and inclusive global growth and to facilitate the enhanced participation of Small, Medium and Micro-sized Enterprises (SMMEs), youth, and women entrepreneurs; 5) to cooperate in enhancing regional food, energy, and water security; 6) to ensure APEC’s synergy and complementarity with other multilateral and regional processes, such as East Asia Summit and G20; and 7) to achieve the objective of a free and open trade and investment by close collaboration with the business sector through ABAC.
President Yudhoyono expressed his belief that APEC economy leaders will fulfill their share of commitments and responsibility to achieve the organization’s common goal. “We must show to the world that APEC will continue to play a significant role in global economy,” the Indonesian President said in closing.
The People’s Republic of China will host the 2014 APEC summit.
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