Lunes, Nobyembre 12, 2012

DFA assessing Boracay as possible venue for 2015 APEC




A team headed by the Department of Foreign Affairs (DFA) is in this resort island for a week-long survey and assessment in preparation for the Philippines hosting of the leaders meeting of the Asia Pacific Economic Cooperation (APEC) in 2015.
The DFA earlier announced that it is looking at Boracay Island as the possible venue for the APEC conference.
Municipal councilor Dante Pagsuguiron said Monday that accompanying the team are government security officials in assessing available infrastructure and facilities for the possible hosting of the conference.
The team also met with the local government officials.
"We do not know yet the response of the visiting team but we are confident that they will provide a positive feedback on their visit," said Pagsuguiron.
The inspection is expected to end Wednesday.
Leaders of the 21 APEC member economies that include the Philippines met in Vladivostok, Russia last September to discuss ways for regional development focused on trade and investment liberalization, regional economic integration, food security, supply chains and cooperation to foster innovative growth.
The APEC region accounts for approximately 40 percent of the world’s population, 57 percent of world GDP and 48 percent of global trade.

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