At the 32nd APEC Economic Leaders’ Meeting in Gyeongju, Republic of Korea, CMG’s He Yanke sat down with APEC Secretariat Executive Director Eduardo Pedrosa to explore what drives growth and integration across the Asia-Pacific today.
“APEC’s work is forward-looking and grounded in the idea of an open economy,” Pedrosa explains. As trade flows expand and economies become more connected, he says the organization—driven by its members—continues to advance the Free Trade Area of the Asia-Pacific while adapting the multilateral trading system to new global realities.
Key takeaways from the conversation:
- Open Economy First: APEC remains committed to reducing barriers and creating a level playing field for businesses of all sizes against a backdrop of shifting global trends.
- Future-Focused Trade: The Free Trade Area of the Asia-Pacific serves as a long-term vision, with members collaborating on digital trade rules and green investments.
- Connectivity Is Vital: Strong supply chains, digital links, and sustainable infrastructure are at the heart of regional resilience.
- Role of the Chinese mainland: Pedrosa highlights the Chinese mainland’s active engagement in APEC’s initiatives over the years, reinforcing the region’s integration.
- Leadership Vision: He praises Chinese President Xi Jinping’s emphasis on openness and economic globalization as a significant driver for APEC’s agenda.
In a time of rapid change—driven by digital transformation, climate challenges and shifting geopolitics—APEC’s model of member-driven cooperation stands out as a blueprint for sustainable, inclusive growth. For young global citizens, entrepreneurs and changemakers, these insights offer a behind-the-scenes look at how collaboration shapes our shared future.
Reference(s):
Exclusive with APEC Secretariat Executive Director Eduardo Pedrosa
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