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New Zealand’s Minister for Trade and Export Growth Damien O’Connor will be chairing this year’s Virtual APEC Ministers Responsible for Trade meeting on Saturday, 5 June.
Throughout the duration of the meeting, a significant focus will be aimed at the vital role trade places in enabling access to Covid-19 Vaccines and essential goods to keep the global trading system thriving and flowing without disruption.
The Asia-Pacific has been confronted due to one of the greatest health and economic crises of our lifetimes. It faces economic uncertainty as struggles are high to bounce back to normal life.
“We know nobody is safe until everybody is safe from COVID-19, and we know that trade has a vital role in ensuring our region prospers economically by keeping our markets open to one another rather than closing ourselves off,” said Minister O’Connor.
“Responsibility falls to New Zealand as this year’s host economy to lead an APEC 2021 agenda that responds to these challenges, as well as our responsibility for ensuring a sustainable recovery.”
“I will be asking APEC Trade Ministers to accelerate access to vaccines and other goods essential in fighting the pandemic by streamlining and speeding up related trade procedures.”
The key focus points of the Ministers Responsible Trade meeting will include the Trade’s role to respond to Covid-19 and to support a World Trade Organisation that can provide predictable trade rules for business.
One day before the meeting coincides, APEC trade ministers will join with business leaders to tackle some of the biggest trade challenges at present.
Image: SUPPLIED/Ministry of Health [Government Newswire – applicable license]
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