‘Jurin’ leads the Thai team to host the APEC economic meeting on 19-22 May to open the bilateral room 4 world economic powers.
On May 18 at the Ministry of Commerce Mr. Jurin Laksanawisit Deputy Prime Minister and Minister of Commerce revealed that the ministry has already prepared for the APEC Ministers Responsible for Trade Meeting 2022 from 19-22 May 2022.
The APEC meeting which Thailand is hosting, will organize 2 parts of the meeting which are 1. Leadership Summit (APEC Summit) It is a meeting of the Prime Minister or the country’s leaders during November. 2. APEC Trade Economy Ministers Meeting It is a trade ministers’ meeting in 21 economic zones during May 19-22, with activities related to the Ministers of Trade Economy. Private sector and senior officials
The goal is to drive from the economic and trade cooperation framework of 21 APEC economies to the goal of driving APEC to develop into FTA in the future. By setting a goal to achieve 2040 (year 2040) If successful, FTA-APEC will become the world’s largest FTA. The next highest combined trade value in the world is the goal that Thailand when we host and chair the meeting that will drive this issue. along with driving the use of economic models It is Thailand’s national agenda, namely the BCG Model (Bio-Circular-Green Economy) to drive SMEs, especially Micro SMEs, to become the key foundations for sustainable economic development of Thailand and APEC countries. Because it is a model that will enable the manufacturing sector from the micro SMEs economy to move forward towards producing both products and services that are environmentally friendly. It is in line with the sustainable development of the United Nations. In the four-day meeting, he will also have bilateral discussions with the United States, Russia, Canada, Japan, China/Hong Kong.
” If the FTA-APEC was established, it would have a total population of 2.9 billion, or 38% of the world’s population, and a total GDP of $52 trillion, or 1,768 trillion baht, or 62% of the world’s GDP. By 2040, at least APEC trade will increase by regarding 200-400%, with China participating and being the only country to join through the zoom system. due to the strictness of COVID But the rest of the countries come to the meeting by themselves, every country in the 21 economic zones,” Mr. Jurin said.
The APEC (Asia-Pacific Economic Cooperation) consists of 21 member economies: Australia, Brunei Darussalam, Canada, Chile, China, China Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, China Taipei, Thailand, United States of America and Vietnam.
