In an era defined by rapid global disruptions from economic shocks to climate challenges, there is a need for a fundamental shift in the Asia-Pacific Economic Cooperation (Apec) on how it approaches economic cooperation that allows all economies, regardless of size, to thrive.
"Apec must become the gold standard for global economic cooperation, leading not from behind the scenes but at the forefront,” Prime Minister Datuk Seri Anwar Ibrahim said at the Apec Leaders’ Informal Dialogue with Guests on the penultimate day of the Apec Economic Leaders’ Week in Lima, Peru on Nov 15.
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"Apec must become the gold standard for global economic cooperation, leading not from behind the scenes but at the forefront,” Prime Minister Datuk Seri Anwar Ibrahim said at the Apec Leaders’ Informal Dialogue with Guests on the penultimate day of the Apec Economic Leaders’ Week in Lima, Peru on Nov 15.
Read more at
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
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00:25The world is no longer merely interconnected, it is interdependent on a level that demands
00:45us to rethink what it means to cooperate, collaborate, and co-exist.
00:52Today our charge is clear, transform this interdependence into our greatest strength.
01:00Global disruptions are not a temporary state, they are the new normal.
01:06Epoch economies must shift from reactive measures to proactive and resilient economic cooperation.
01:15We need economic frameworks that aren't merely shock resistant, but shock responsive.
01:22Imagine a trade and investment environment where every epoch economy, whether big or
01:28small, developing or emerging, can absorb shocks and thrive.
01:34That starts with deeper digital integration, robust green finance, and unwavering commitment
01:42to fair, transparent supply chains.
01:46These efforts will empower each of us to weather disruptions and pursue a growth model that
01:52truly supports all economies.
01:55It bears stressing that economic development and progress cannot be viewed purely from
02:01a materialistic paradigm.
02:04We cannot ignore the plight of the poor and the marginalised, the victims of violence,
02:10aggression and persecution, such as the slaughter of innocent lives on account of race or religion
02:18or the genocide perpetrated against the Palestinians.
02:22The world is watching and we cannot afford to hesitate.
02:27Epoch must become the gold standard for global economic cooperation, leading not from behind
02:34the scenes but at the forefront.
02:37By ensuring global governance, building resilience, protecting our vulnerable and the oppressed,
02:44we can offer the world a path forward that is not only prosperous but also sustainable
02:51and just.
02:52Muchas gracias.