RoK proposes establishing APEC Digital Innovation Fund
President of the Republic of Korea (RoK) Moon Jae-in on November 18 proposed the establishment of the APEC Digital Innovation Fund to boost regional cooperation and build capacity for developing economies in the region.
President of the Republic of Korea (RoK) Moon Jae-in (Source: Yonhap/VNA)
Hanoi (VNA) – President of the Republic of Korea (RoK) Moon Jae-inon November 18 proposed the establishment of the APEC Digital Innovation Fundto boost regional cooperation and build capacity for developing economies inthe region.
He made the proposal at the 26th Asia-Pacific Economic Cooperation(APEC) Economic Leaders’ Meeting held in Port Moresby of Papua NewGuinea.
The Korean leader reaffirmed his support for APEC’s digital economic vision,approved last year, to improve technology, services and cooperation. As part ofthis effort, Moon said the APEC Digital Innovation Fund will play a role as an investmentfund that stimulates growth in order to draw the engagement of economists ineach economy and help improve the capacity of developing economies.
The President also shared policies to support startup technologies, narrowdigital gaps and protect consumers who use the Internet. He cited the RoK’s socio-economicpolicies as an example for the common goals of APEC regarding comprehensivegrowth and renovation.
He also took the occasion to reiterate his country’s determination tocontribute to fostering the attainment of comprehensive and sustainable growth objectivesin the region.
At the 26th APEC Economic Leaders’ Meeting, themed “HarnessingInclusive Integration, Embracing the Digital Future”, the leaders of the 21member economies discussed measures to enhance integration, maintaincomprehensive growth and promote the digital economy.
APECgroups Australia, Brunei, Canada, Chile, China, Hong Kong (China), Indonesia,Japan, the Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea,Peru, the Philippines, Russia, Singapore, Chinese Taipei, Thailand, the UnitedStates and Vietnam.-VNA
Prime Minister Nguyen Xuan Phuc, leading a delegation of high-ranking Vietnamese officials, arrived in Papua New Guinea on November 17 to attend the 26th APEC Economic Leaders' Meeting.
Prime Minister Nguyen Xuan Phuc on November 17 hosted a reception for representatives of several prestigious US companies on the occasion of his attendance at the 26th APEC Economic Leaders’ Meeting in Port Moresby, Papua New Guinea.
Prime Minister Nguyen Xuan Phuc is leading a high-ranking Vietnamese delegation to the 26th APEC Economic Leaders’ Week in Port Moresby, Papua New Guinea at the invitation of his Papua New Guinea counterpart Peter O’Neill.
Leaders of 21 Asia-Pacific Economic Cooperation (APEC) economies discussed how to promote free trade and regional economic integration on November 18 in Port Moresby of Papua New Guinea as the United States and China remain at odds over trade and other policies.
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President of the Republic of Korea (RoK) Moon Jae-in (Source: Yonhap/VNA) 
