• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » APEC: Reconnecting members will boost economy

APEC: Reconnecting members will boost economy

The Asia-Pacific Economic Cooperation (APEC) is looking into reconnecting the whole region as member economies are beginning to learn how to live with the COVID-19 virus. 

According to an APEC Secretariat-issued statement, they are planning a safe and calibrated way to open economies as the demand for travel is expected to make a steady comeback this year.

In an address to officials and business leaders from 21 APEC member economies recently, APEC chair Thani Thongphakdi underscored the need to reconnect the Asia-Pacific region to kickstart recovery. 

He stated that their discussion on the Free Trade Area of the Asia-Pacific (FTAAP) has been the “cornerstone in facilitating trade and investment in the region.”

Thongphakdi added that the APEC business community should also be involved in the discussion to share their insights on “the changing landscape.”

A policy dialogue on FTAAP will be held in May 2022 where member economies and business leaders can discuss how regional economic integration should evolve post-pandemic.

In Thailand, the government has created a Safe Passage Task Force that will coordinate cross-border travel resumption to reconnect the region and support the economic recovery of the country.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image