The Asia Pacific Economic Cooperation, APEC Ministers Responsible for Trade, reaffirmed their commitment to strengthening supply chain resilience in response to current global economic uncertainties and disruptions, as well as their support for collaboration to improve the World Trade Centre, WTO. The Ministers also underscored the importance of digitalisation and innovation in creating opportunities and promoting inclusive and sustainable growth across the region. The commitment was shared during the APEC Ministers Responsible for Trade Meeting which was held in Suzhou, People's Republic of China. Representing Brunei Darussalam to the meeting was the Minister at the Prime Minister's Office and Second Minister of Finance and Economy.
Yang Berhormat Dato Seri Setia Doctor Awang Haji Mohd. Amin Liew bin Abdullah also shared Brunei Darussalam's perspectives which includes reaffirming strong support for a rules-based multilateral trading system, with the WTO at its core, while underscoring the importance of maintaining open, resilient and secure supply chains amid ongoing geopolitical and geo-economic uncertainties. Also highlighted was the importance of advancing regional economic integration through Asia-Pacific Economic Cooperation initiatives such as the Free Trade Area of the Asia-Pacific, FTAAP, while recognising frameworks including Regional Comprehensive Economic Partnership, Comprehensive and Progressive Agreement for Trans-Pacific Partnership and Future for Investment and Trade Partnership as important building blocks for future economic cooperation.
The Minister at the Prime Minister's Office and Second Minister of Finance and Economy also convened bilateral meetings with Her Excellency Grace Fu Hai Yien, Singapore's Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations; His Excellency Todd McClay, New Zealand's Minister for Trade and Investment and Minister for Agriculture; and His Excellency Horii Iwao, State Minister for Foreign Affairs of Japan, to discuss areas of mutual interest.