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Jakarta Post

APEC urged to expand training for SMEs

  • The Jakarta Post

Singapore   /   Mon, February 25 2013   /  12:02 pm

Economic and technical cooperation, billed to be the third pillar of the 21-member Asia-Pacific Economic Cooperation (APEC) after trade and investment liberalization, dominated discussions at the two-day conference of the Pacific Economic Cooperation Council (PECC) that ended here on Saturday.

Senior officials as well as business and academic leaders called for a more cohesive program of action focusing on building the institutional capacity of APEC’s developing members to gain greater benefit from free, open trade and investment in the region.

“More pragmatic programs of action in economic and technical cooperation [Ecotech] are needed to enable all APEC members to enjoy the benefits of free trade and investment, otherwise there will be no further commitment to liberalized trade,” Indonesia’s Tourism and Creative Economy Minister Mari Elka Pangestu told the council...