PECC 28th GM, Session 1: Mr. Charles Kimber spoke of the challenges faced by Chile due to lack of supply of freights and containers, constraining imports and exports. “We need to remediate and care for the wellbeing of society-at-large.” #COVID19 #PECCGM #PECC28GM #trade

PECC 28th GM, Day 1 Session 2: Rebuilding support for open #trade. Chair for the session: Professor Shujiro Urata. #PECCGM #PECC28GM

PECC 28th GM, Session 2: Dr Jeffrey Schott highlighted WTO in critical condition - rules need updating, dispute settlement process needs renovation. “It is hard to do one without the other.” Peterson Institute #PECCGM #PECC28GM #WTO #trade

PECC 28th GM, Session 2: Professor Sheng Bin underscored that China benefited much from open #trade, yet two future challenges remain - adapting to changing trade rules and accession to the #CPTPP. #PECCGM #PECC28GM

PECC 28th GM, Session 2: Professor Manuel Agosin mentioned : “We are worried bystanders in the #trade wars in which the big trading powers have engaged over the last few years.” #PECCGM #PECC28GM

PECC 28th General Meeting, Day 2: Session 3 and 4 will focus on the emerging issues in the digital economy and climate change. #digitaleconomy #climatechange #trade #PECCGM #PECC28GM

PECC 28th GM Session 3: The Emerging Issues in the Digital Economy. Chair for the session: Mr Hugh Stephens, Vice chair CANCPEC. #digitaleconomy #trade #PECCGM #PECC28GM

PECC 28th GM, Session 3: Ms. Grace Gown outlines a PECC Primer (PECC project) to contribute to APEC efforts to be “better able to address the many cross-cutting challenges arising from the spread of the digital economy.” #digitaleconomy #PECCGM #PECC28GM APEC Secretariat

#PECC28GM, Session 3: Dr Lu Chuanying highlighted “Nowadays, everything related to data security can be seen as a national security issue-this is not good for the global discussion on the #digitaleconomy.” Global cooperation is required to prevent the balkanization of cyberspace.

#PECC28GM, Session 3: Mr. Wonki Min describes Korea’s transformation from a heavy industry-based economy to a competitive #digitaleconomy. Launched last week, President Moon Jae-in’s Digital New Deal 2.0 places emphasis on metaverse, blockchain, & the Internet of things (IoT).

#PECC28GM, Session 3: Dr. Shiro Armstrong underscored “innovation is becoming diffused & no longer limited to vast economies.” The Asia-Pacific region is data-rich and harbours great opportunities with its track record of cooperation between developed and developing economies.

#PECC28GM, Session 3: Ms. Esther Peh underlined that researchers predict the global volume of data to double between 2018-2022 and double again between 2022-2025. #digitaleconomy #PECCGM

PECC 28th General Meeting, Session 4: Climate Change. Chair for the session: Dr. Gordon De Brouwer, Chair AUSPECC. #PECC28GM #PECCGM #climatechange

#PECC28GM, Session 4: Mr. Pascal Lamy proposed the World Trade Organization as a “forum for the compatibility of carbon pricing policies.” #climatechange #PECCGM #WTO

#PECC28GM, Session 4: Dr Narongchai Akrasanee “When the public says they support decarbonization, they mean only to the extent that it does not hurt their own pockets too much.” Govts should take note of 3 dimensions in #decarbonization: availability,affordability, acceptability

#PECC28GM, Session 4: Prof. David Victor highlighted that APEC can play a role in organizing volunteers from governments and companies to pioneer climate initiatives and “change the facts on the ground.” APEC Secretariat #PECCGM #climatechange

PECC co-chair Zhan Yongxin delivered PECC’s statement to #APEC Ministers. He highlighted d top risks to growth facing d #AsiaPacific region & d importance of regional coop. to mitigate those risks.PECC delivered 2 major reports: State of the Region & Primer on the #DigitalEconomy

PECC 29th General Meeting commenced today at Bangkok. Dr Narongchai open the floor with welcome remarks. #PECCGM #PECC29

State of the Region 2022-2023 report was recently launched in Bangkok.D report findings show a 180 deg. turnaround frm last year’s results on expectations for economic growth.Risks remain heavily tilted to d downside with inflation by far d main concern. bit.ly/3EKqwrX

SOTR 2023 report: From Mar - Apr 2023, PECC conducted its annual survey of regional policy experts’ views on the State of the Region. Out of the more than 700 respondents, 47 percent expected worse growth for the global economy. Click tinyurl.com/2sftjysz to read the report.