Second Meeting of the APEC Vision Group - AVG Chair s Report

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2018/SOM3/021 Agenda Item: 10 Second Meeting of the APEC Vision Group - AVG Chair s Report Purpose: Information Submitted by: AVG Chair Third Senior Officials Meeting Port Moresby, Papua New Guinea 19-20 August 2018

Second Meeting of the APEC Vision Group 16 17 August 2018 Port Moresby AVG Chair s Report to SOM 1. Dear Senior Officials, I am pleased to inform you about the results of the second APEC Vision Group (AVG) meeting last week. 2. Important inputs were obtained from the discussions at the Multi stakeholder Dialogue on the Post 2020 vision, held on the 15 th. In this regard, I would like to take this opportunity to thank the SOM Chair Office and the Pacific Economic Cooperation Council for the organisation of this event, and to the high level experts who actively participated in the different panels. 3. A special remark must be made with regards to the presentations of Dr. Fukunari Kimura on the three unbundlings, as well as Dr. Denis Hew s on the future drivers of growth. 4. On the first morning of the AVG meeting, members gained further insight from the presentations made by: Mr. Kuriyama, from the APEC Policy Support Unit on the 2018 Bogor Goals progress report; Mr. O Reilly, from APEC s Business Advisory Council on ABAC s work plan and ideas on the post 2020 vision; and from Mr. Rosli, from the Pacific Economic Cooperation Council who reported on the initial results of PECC work regarding the post 2020 vision. 5. With those inputs, and thanks to the work done intersessionally by members, the AVG was able to advance commonly held views on what would be the main core of the vision and the structure of its report. 6. Firstly, members were strongly of the view that APEC s vision beyond 2020 should be people centered, that is to say, that the economic growth and integration in the region should have as its fundamental goal the prosperity and wellbeing of its citizens. The post 2020 vision would set the way towards a more dynamic, innovative, sustainable, inclusive and resilient Asia Pacific area. 7. Secondly, there was a common understanding that the core principles of APEC should be preserved and that growth and inclusion could be achieved with APEC s fundamental goal of free and open trade and investment in the region. 8. Thirdly, the group identified the main challenges ahead, such as anti globalisation sentiment due to economic inequalities, protectionism, ageing population, environment and climate change, food and energy security and, in particular, the challenges as well as opportunities presented by the digital economy and technological change. 9. AVG members highlighted the importance of prioritizing the issues that should be dealt with in order to respond to the above mentioned challenges. Certain areas were identified regarding inclusiveness, trade and investment openness, economic cooperation, structural reform, harnessing innovation, skills and education and 1

connectivity. These areas of work should be considered with a holistic approach, bearing in mind that they are inter related and mutually reinforcing. 10. There was also a discussion regarding the time frame of the vision, with most members pointing at 2030 or 2035, depending on the goals that would be set. 11. It was agreed that the AVG report should be concise and written in a simple language, so that it could be easily understood by the broader public. 12. The report would have a preamble where APEC s main achievements will be highlighted, as well as Bogor s unfinished business. 13. The AVG group agreed on a work plan based on the continuous preparation of drafts, comments and redrafting processes. It is due to this work plan that the next AVG meeting should be held on the margins of SOM1 2019. 14. The initial draft will be prepared by the Chair, Vice Chair and the Secretariat, and will be based on the AVG discussions to date. 15. Following the meeting at SOM 1 next year, the group will continue to refine the report through multiple drafts and comment rounds until it meets again on the margins of SOM3 2019. 16. I mentioned earlier that AVG members welcomed hearing from ABAC and PECC regarding their respective work programs on the post 2020 vision. We look forward to our continued contact with ABAC and PECC over the next year to keep apprised of their work so that our own thinking may be informed according. 17. Lastly, I have asked the APEC Secretariat to keep AVG members informed of key APEC developments which could usefully inform our ongoing deliberations, and of relevant research completed by the Policy Support Unit and others. 18. I would like to take this opportunity to highlight the high level quality of the discussions that took place over the AVG meetings, which reflect the ample knowledge, experience and background diversity of the AVG members and how carefully they have been chosen by their Economies. 19. Thank you for the attention. Attachments 2

Attachment 1 Draft AVG Work Plan August 2018 Second AVG Meeting circulation of draft Report Outline September 2018 Early December 2018 January 2019 Early February 2019 March 2019 End March 2019 Early May 2019 May 2019 [tbc] End May 2019 June 2019 July 2019 August 2019 comment deadline for Report Outline circulation of first draft Report comments deadline for draft Report circulation of second draft Report Third APEC Vision Group Meeting discussion of second draft Report circulation of third draft Report comment deadline for third draft Report 2019 Multi Stakeholder Dialogue circulation of fourth draft Report comment deadline for fourth draft Report circulation of fifth and final draft Report Final APEC Vision Group Meeting Members finalize Draft AVG Report Third Senior Officials Meeting Draft AVG report delivered to APEC Senior Officials November 2019 Concluding Senior Officials Meeting Final AVG report delivered to APEC Senior Officials 3

Attachment 2 Participants to the Second Meeting of the APEC Vision Group 16 17 August 2018, Port Moresby 1. Amb Allan Wagner, of Peru, AVG Chair 2. Amb Nguyen Nguyet Nga, of Viet Nam, AVG Vice Chair 3. Ms Joanna Hewitt, of Australia 4. Amb Dato Serbini Ali, of Brunei Darussalam 5. Mr Jonathan Fried, of Canada 6. Mr Jorge Sahd, of Chile 7. Dr Liu Chenyang, of the People s Republic of China 8. Mr Anthony Nightingale, of Hong Kong, China 9. Mr Mahendra Siregar, of Indonesia 10. Prof Shujiro Urata, of Japan 11. Dr Kwak Sung il, substitute for Prof Yoocheul Song, of the Republic of Korea 12. Mr Hairil Yahri Yaacob, of Malaysia 13. Dr Jason Martinez, substitute for Amb Fernando de Mateo, of Mexico 14. Amb Alison Elizabeth Mann, of New Zealand 15. Lady Aivu Tauvasa, of Papua New Guinea 16. Amb Manuel A.J. Teehankee, of the Philippines 17. Dr Pavel Kadochnikov, of the Russian Federation 18. Prof Tan Kong Yam, of Singapore 19. Mr Jamie Lin, of Chinese Taipei 20. Amb Vijavat Isarabhakdi, of Thailand 21. Amb Matthew J. Matthews, of the United States 4