APEC 2022 and the benefits that Thailand will get from hosting this meeting
The 2022 APEC Meeting that Thailand took over from New Zealand to host the 2022 APEC Meeting. Previously, Prime Minister General Prayut Chan-o-cha announced that Thailand would drive APEC as an opportunity to Transition to a balanced, sustainable, post- Covid where everyone participates through the bio-economy concept. circular economy And the green economy (BCG Economy) and announcing the theme of the APEC 2022 meeting as Open. Connect. Balance.
There are three issues that Thailand is pushing for:
- Promote free trade and investment and regional economic integration
- Convenient and safe travel
- Promote sustainable and inclusive growth in APEC
About the benefits that Thailand will get from hosting APEC 2022 are:
- Seek cooperation with APEC members Reform and upgrade Thailand’s economic standards to be modern and international. as well as improving trade and investment in the Asia-Pacific region.
- Develop a system to facilitate trade as well as reduce trade restrictions and barriers between economic zones Including creating trade and investment opportunities between Thailand and the APEC economic zone.
- Increase the competitiveness of the government and private sectors. Strengthen the potential of Thai small and medium entrepreneurs to enter the global trade system. It supports the development of regional economic integration. This is considered an operation that corresponds to the context of a rapidly changing world (Disruption).
- Exchange of information and experiences by working groups from other economic domains, including technology transfer. and access to information from key think tanks such as the Pacific Economic Co-operation Council (PECC) and the Organization for Economic Co-operation and Development (OECD).
- It stimulates the country’s economy. especially in the travel and tourism sector Services sector related to tourism and digital commerce which is a revival of travel and personal business. leading to the distribution of income for people to have a better quality of life
- Reducing inequality for inclusive and sustainable development. It is also an opportunity to show that Thailand is ready to adapt. and living with the COVID-19 situation while being able to drive the economy at the same time
