The Joint Ministerial Statement from the Tenth APEC Finance Ministers' Meeting has been posted on the APEC Secretariat Website.
Working under the policy theme of "Local/Regional Link, Global Reach: A New APEC Financial Cooperation" the ministers met with the aim of fostering greater financial linkages and closer economic ties in the Asia-Pacific region.
The Joint Ministerial Statement covers recent economic developments in the APEC Region and the sub-themes that were addressed in the Finance Ministers' Meeting. These sub-themes are "Grass-Roots and Small and Medium Enterprises (SME) Development," "Regional Bond Market Development" and "Fiscal and Financial Aspects of Regional Trade Arrangements."
The Joint Ministerial Statement also features a progress report on a series of policy initiatives that are underway:
Voluntary Action Plan for Supporting Freer and More Stable Capital Flows
Financial Regulators Training Initiative
Managing Regulatory Change in Life Insurance and Pensions
Pathfinder Initiative on Corporate Governance
Insolvency Law
APEC Privatization Forum
APEC Initiative on Alternative Remittance Systems
APEC Finance and Development Program
APEC Future Economic Leaders' Think Tank
Development of Securitization and Credit Guarantee Markets
The Eleventh APEC Finance Ministers' Meeting has now been scheduled for Santiago, Chile, on 2-3 September 2004.
The next major APEC events for 2003 will be the meetings leading up to the annual APEC Economic Leaders' Meeting in Bangkok, Thailand.
APEC Investment Mart, 16-21 October
15th APEC Ministerial Meeting, 17-18 October
4th Meeting of APEC Business Advisory Council, 18-21 October
CEO Summit, 18-22 October
11th APEC Leaders' Meeting, 20-21 October
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