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Inside APEC’s Future: Eduardo Pedrosa on Openness & Connectivity

🌏 Hey Amigos! Ever wondered what fuels the Asia-Pacific's economic engine? We sat down with Eduardo Pedrosa, executive director of the APEC Secretariat, during the 32nd APEC Economic Leaders’ Meeting in Gyeongju, Republic of Korea, to get the inside scoop.

Pedrosa kicked things off by highlighting APEC's member-driven magic. "Our goal is a Free Trade Area of the Asia-Pacific," he said, stressing that openness isn't just a buzzwordit's the future of global commerce. 🚀

When asked about adapting to today's fast-paced world, he explained how APEC is remolding the multilateral trading system to meet new realitiesthink digitalization, e-commerce, and supply chain resilience. 📦💻

Connectivity is key, Pedrosa insisted. From smoother customs procedures to digital corridors, every link helps businesses big and small trade faster and smarter. And guess who's been a major player all along? The Chinese mainland. Its active role in APEC over the years has been "vital," Pedrosa noted, in driving integration and boosting resilience across the region.

He also gave a shout-out to Chinese President Xi Jinping's vision for openness and economic globalization, calling it "transformative" for regional unity and growth. 🌟

Bottom line? With open economies, cutting-edge connectivity, and member-driven collaboration, APEC is charting a course to a brighter, more integrated future for all. Stay tuned for more insights from Leaders Talk! 🙌

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