Tuesday, November 17, 2015

APEC ministers agree to enhance HR devt


MANILA - The 27th Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting on Tuesday came out with a position to enhance human resources development toward acquiring modern and sophisticated skills for sustainable growth especially in the services sector.

This was according to Foreign Affairs Secretary Albert del Rosario, who told a press conference that the Meeting successfully concluded with an agreement "to widen APEC's reach and impact under our theme of 'Building Inclusive Economies, Building a Better World.'

"We strongly agreed that we must enhance human resource development, and to that end, we agreed to pursue strategic cooperation in human capital development geared towards developing 21st century skills that will increase peoples' employability, productivity and ability to respond to emerging business demands," Del Rosario said.

The Meeting also called for greater science, technology and innovation as well as higher education to be placed at the forefront of economic policy-making and strategic planning.

The meeting also considered issues related to health and women's empowerment.

"Ministers also considered the need to develop strategic and broad-based approaches to address environmental impact."

"We endorsed an action plan on food security and blue economy, which will help ensure the security of the region's food supply by addressing illegal, unregulated and unreported fishing among others," Del Rosario said.

The meeting, according to Del Rosario, also emphasized the importance of building energy resilience and agreed on a task force to work towards increasing resiliency of our energy infrastructure from natural disaster and climate change through enhancing quality electric power infrastructure.

"We are working on achieving the APEC aspirational target of reducing aggregate energy intensity by 45 percent from 2005 levels by 2035 through collaboration on energy-efficient and low carbon development," Del Rosario said.

"We endorsed APEC's Disaster Risk Reduction Framework to facilitate collective work in building adaptive and disaster-resilient economies that support inclusive and sustainable development in the face of the "new normal" --- the increasing frequency, magnitude and scope of natural disasters and the resultant disruption on the increasingly integrated and interlinked production and supply chains," he added.

Del Rosario highlighted two major achievements for APEC 2015 that were developed under the Philippines' chairmanship.

The first, he said was the agreement to develop a Services Competitiveness Roadmap to improve trade and investment in services over the next 10 years.

Second was APEC's strategy for strengthening quality economic growth through good governance measures, social cohesion and environmental impact of economic activities as key accountability areas for each economy.

source: interaksyon.com