APEC formulates new Growth Strategy for region

Beppu, Japan, 8 August 2010 – APEC has committed to pursuing “high quality growth” in a statement released today at the Growth Strategy High-Level Policy Roundtable held in Beppu, Japan.

APEC’s new approach to growth reflects members’ continued belief that free and open trade and investment is still key to regional prosperity; but it also recognises that economic growth should incorporate other factors - such as environmental sustainability - that are essential to future prosperity and citizen wellbeing.

Five attributes of quality growth have therefore been selected for action, namely balanced, inclusive, sustainable, innovative and secure growth. 

 For the full text of the statement click here (http://www.apec.org/apec/news___media/media_releases/20100808new_growth_strategy.html)

 For more information contact: media@apec.org