Apec finance ministers to unveil new roadmap

KUALA LUMPUR: Asia-Pacific Economic Cooperation (Apec) finance ministers will unveil a new roadmap in October to replace the existing Cebu Action Plan, deputy finance minister Lim Hui Ying said today.

The five-year plan identifies medium-term initiatives and deliverables aimed at achieving Apec’s Putrajaya Vision of “an open, dynamic, resilient, and peaceful Asia-Pacific community”, she said.

“It is critical for Asean members to work together within Apec, to ensure that our common priorities in Southeast Asia are well-embedded in this new Asia Pacific roadmap and that initiatives in Asean and Apec are consistent with each other and mutually supportive,” she said at the Asean-BAC and Asia Pacific Financial Forum here.

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