APEC Finance Ministers Meeting: Phuket, Thailand, 4-5 September
APEC Finance Ministers will address the key issues confronting the regional economy at the Tenth annual APEC Finance Ministers' Meeting in Phuket, Thailand, on 4-5 September.
Issues already on the agenda under the policy theme of "Local/Regional Link, Global Reach: A New APEC Financial Cooperation," include Small and Medium Enterprises (SME) development, regional bond market development and the fiscal and financial aspects of regional trade arrangements.
Over the past nine years, the APEC Finance Ministers' process has proven to be a valuable forum for assessing the regional economic and financial situation and promoting sustainable economic growth in the region.
Past Finance Ministers Meetings have placed emphasis on issues such as economic restructuring, financial stability, capacity building and facilitating broader regional cooperation. The 1997-1998 Asian financial crisis presented particular challenges for the Finance Ministers to deal with, and following the September 11 terrorist attacks in the United States, APEC Finance Ministers carried out a substantial amount of work on combating the financing of terrorism and money laundering.
There are currently ten on-going policy initiatives taking place under the Finance Ministers' process:
Developing Human Capital
-
Financial Regulators Training Initiative
-
APEC Future Economic Leaders' Think Tank
-
APEC Finance and Development Program
Developing Stable, Safe and Efficient Capital Markets
-
Voluntary Action Plan for Supporting Freer and More Stable Capital Flows
-
APEC Initiative on Alternative Remittance Systems
Strengthening Economic Infrastructure
-
Managing Regulatory Change in Life Insurance and Pensions
-
Pathfinder Initiative on Corporate Governance
-
Insolvency Law
-
APEC Privatization Forum
-
Development of Securitization and Credit Guarantee Markets
APEC Finance Ministers' Official Website: www.APECFMM2003.org
Media Registration must be made in person at the Finance Minister's Meeting Press Centre at the Banburi and Chaba Room, Allamanda Laguna Phuket Hotel.
Telephone: +66 (0)7632 6099 or +66 (0)7632 6100, Fax: +66 (0)7632 6101.
Media personnel require an original letter of assignment from their organization, press identification card and a passport photograph.
Media personnel require an original letter of assignment from their organization, press identification card and a passport photograph.