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PM to advance sustainable growth, inclusive development at 31st APEC meeting - MITI

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Publish date: Fri, 08 Nov 2024, 06:10 PM

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim will attend the 31st APEC Economic Leaders' Meeting (AELM), which will be held in Lima, Peru, from Nov 14 to 16, 2024, which looks to advance sustainable growth and inclusive development across the Asia-Pacific region.

Anwar will be accompanied by MITI Minister Tengku Datuk Seri Utama Zafrul Aziz, and Foreign Affairs Minister Datuk Seri Mohamad Hasan.

"This high-level participation reflects Malaysia's commitment to active and constructive engagement within the APEC framework, underscoring the nation's commitment to fostering economic resilience, sustainable growth, and inclusive prosperity" MITI said in a statement today.

Meanwhile, Anwar will also lead the Malaysian delegation at the APEC 2024 CEO Summit, with high-level representatives from 17 leading Malaysian corporates.

During the summit, Anwar will share Malaysia's strategic approach to the artificial intelligence (AI) revolution, including leveraging on AI for economic growth and productivity, as well as emphasise on Malaysia's commitment to innovation, digital upskilling, and governance to ensure ethical applications of AI with inclusive benefits across all levels of society. 

To further enhance the business delegation's engagement, a roundtable meeting with key industry leaders from Peru has also been scheduled, providing a platform for meaningful exchanges and potential business-to-business (B2B) collaborations.

On the sidelines of his participation in AELM, Anwar will also be participating in the APEC Economic Leaders' informal dialogue with guests, the APEC Business Advisory Council (ABAC) dialogue with APEC Economic Leaders, as well as in meetings with captains of industry arranged by MITI.

MITI said these discussions aim to secure potential investments that will create high-quality job opportunities in Malaysia, aligning with the strategic priorities set forth in the Madani Economic Framework, New Industrial Master Plan 2030 (NIMP 2030) and other national economic initiatives.

In conjunction with his official visit to Lima, Anwar is also set to engage in bilateral meetings with several counterparts to strengthen Malaysia's diplomatic ties, explore avenues for greater economic integration within APEC, and discuss how trade and investment can help mitigate the impact of current geopolitical and geoeconomic challenges.

In her role as the APEC Chair for 2024, Peru will also be chairing the AELM.

Peru is expected to lead APEC Leaders in adopting the 2024 Lima Roadmap to promote the transition to the formal and global economy, and the Ichma statement on a new look to advance the free trade area of the Asia-Pacific (FTAAP).

 

https://www.nst.com.my/business/economy/2024/11/1131570/pm-advance-sustainable-growth-inclusive-development-31st-apec

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