Boracay, The Philippines, 15 May 2015 – APEC Senior Officials, in partnership with the APEC Business Advisory Council (ABAC), and the Pacific Economic Cooperation Council (PECC), will hold the next round of the Public Private Dialogue on Services (PPD) at the Shangri-La Boracay on Sunday, 17 May, at the sidelines of the Second APEC Senior Officials’ Meeting (SOM2).
The PPD in Boracay is the second in the series of dialogues on services in 2015 envisioned to guide APEC’s public and private stakeholders in pursuing the services agenda of APEC through collaboration and best practice exchanges. Following from the PPD in Clark on Information Technology and Creative Services, this PPD brings together a full spectrum of experts on services trade, as well as champions of businesses (both service providers and consumers) from the manufacturing, environment, and agriculture-related sectors.
Dr. Sherry Stephenson of the International Centre for Trade and Sustainable Development, and Mr. Sebastian Saez of the World Bank will open the Dialogue with a session on Services and Inclusive Growth. Building on the overall APEC 2015 theme of inclusive growth, they will highlight how trade and investment in services contribute to inclusive growth, such as through job creation at the individual-level, and greater participation in the Global Value Chain at the business-level.
On manufacturing-related services, Mr. Joey Turano of Austal Shipping, and Mr. J.V. Emmanuel De Dios of General Electric will provide the private sector’s point of view on their experience and challenges in logistics, transportation, business-related services etc. There will also be a Special Session on Innovation and Manufacturing with Mr. Richard Lee, Chairman of Inventec Corporation, Chinese Taipei. Mr. Lee will share how Inventec, a leader in cloud and mobile computing, wireless communications and network applications, supports and adds value to modern manufacturing processes.
Similarly, in the sessions on agriculture and environment-related services, experts and private sector representatives including from the Institute for Global Environment Research in Japan, the Chinese Academy for Environmental Planning, Rustan’s Supercenters, and the New Zealand Ministry of Primary Industries will share current trends such as in cold chain technology, waste and water management, and renewable energy, as well as suggest policy responses and reforms to facilitate services trade.
To thread all the previous discussions, Ms. Jane Drake-Brockman of the International Trade Center in Geneva will address how dialogue and collaboration between the public and private sectors are crucial to creating services competitiveness in the Asia-Pacific and overall regional economic growth. This significance is further highlighted when viewed from the context of the Global Value Chain, i.e. how services influence and contribute to the global demand and supply of goods and (other) services especially in this time of rapid technological development and of enhanced physical, institutional and people-to-people connectivity.
The PPD on 17 May is a prelude to the first Regional Conference of Services Coalitions and Service Industries at the margins of the Third APEC Senior Officials’ Meeting in September in Cebu. The PPD Series and the Regional Conference are organized in support of the proposed APEC Services Cooperation Framework, a Philippine initiative to guide APEC’s collaborative work towards enhanced services competitiveness.