Indonesian president invites APEC economies to rebuild commitment to partnerships

Source: Xinhua| 2020-11-21 19:19:54|Editor: huaxia

JAKARTA, Nov. 21 (Xinhua) -- Indonesian President Joko Widodo has invited Asia-Pacific Economic Cooperation (APEC) economies to rebuild their commitment to partnerships as was outlined in the Bogor Goals 26 years ago.

Widodo made the remarks when attending the 27th APEC Economic Leaders' Meeting virtually on Friday evening, Indonesia's Foreign Minister Retno Marsudi said.

The president said it is time for APEC to rebuild its commitment as strong as it did in 1994 in Bogor in drawing up the APEC post-2020 vision, according to the foreign minister.

The bloc on Friday evening launched a post-2020 vision, a new long-term blueprint for future cooperation following the economic leaders' meeting hosted by Malaysia.

The new vision document will replace the 1994 Bogor Goals.

Marsudi quoted Widodo as saying that the major breakthroughs made by APEC in 1994 were still very relevant today, including the importance of strengthening the open market system and multilateralism as well as the strong spirit of mutual assistance and cooperation to achieve an economic order that benefits all.

Widodo also noted the importance of enhancing strategic trust, reactivating APEC's economic growth, as well as multilateralism during the meeting, according to Marsudi. Enditem