Capuñay explains that economic impacts on the business community are enhanced through collective actions. Capacity building efforts are therefore intended to equip developing member economies to enter into collaborative efforts to address trade-related issues.
The donation reflects the importance attached to the Action Plan and to the recognition that capacity building is integral to its success. Says Lai. "We hope that our support for the plan will encourage other member economies."
The TFAP II emphasizes issues of customs procedure, business mobility, standards conformance and electronic commerce. To the same degree that it emphasizes the benefits of collective action, the plan also allows Member Economies to initiate and implement activities and measures as and when they are ready to do so.
Since the ASF was established in 2005, donations from other economies have funded a number of projects is areas such as human resource development and human security.
For more information or to arrange an interview, contact:
Carolyn Williams at (51) 8927 4393 or cdw@apec.org
