APEC agrees to promote renewable energy: reports

Commerce Secretary Gary Locke today delivered keynote remarks at the Asia-Pacific Economic Cooperation Small and Medium Enterprise Enhancing Competitiveness through Green Growth Forum in advance of the APEC 2011 SME Ministerial Meeting.  He urged small- and medium-sized businesses throughout the Asia-Pacific region to incorporate green growth strategies into their business development plans to increase their global competitiveness. The Competitiveness and Green Growth Forum provided an opportunity to discuss ways to help APEC economies incorporate green growth policies into the business development plans of SMEs.  The Forum also paved the groundwork for the APEC SME Ministers’ discussions on green growth-focused technical and financial assistance programs for SMEs. Locke met with representatives from U.S. companies during a luncheon to highlight how APEC meetings can help connect American companies with public and private sector officials from all the 21 APEC economies and open up more business opportunities.  In 2010, 60 percent of U.S. goods exports were to the APEC economies.

Delivering remarks at the Asia-Pacific Cooperation (APEC) Small and Medium Enterprises (SME) Summit in Yokohama today, U.S. Commerce Secretary Gary Locke spoke about the efforts APEC is making to build an environment more conducive to job growth and innovation, and how business leaders must assume more responsibility to do the same.   The Summit was hosted by the Japanese Chamber of Commerce and Industry (JCCI), which represents 515 local chambers of commerce and industry and boasts 1.35 million members all over Japan. More than 95 percent of its members are SMEs. As the U.S. representative to the APEC SME working group, Locke highlighted the steps the U.S Commerce Department is taking to promote opportunity and job creation throughout the Asia-Pacific region – from cultivating the development of small- and medium enterprises to addressing innovation and intellectual property rights.  He also called on the assembled business leaders to get more involved in communicating to political leaders and other stakeholders what they do, how they contribute to their community, and what policies they need to succeed.  The Secretary also talked about the increasing importance of corporate social responsibility in helping businesses prove their value to the communities where they operate.

Delivering remarks at the American Chamber of Commerce in Japan (ACCJ) luncheon in Tokyo today, Commerce Secretary Gary Locke discussed strengthening the U.S.-Japan economic relationship, noting the ongoing work between the U.S. Commerce Department and Japan’s Ministry of Health, Labor and Welfare, as well as the Ministry of Economy, Trade, and Industry.Locke reiterated the United States’ commitment to strengthening U.S.-Japanese trade, and the desire to see continued export expansion into Japan. Bilateral trade between the two countries totaled nearly $147 billion in 2009. Locke also remarked on the need to ease trade barriers, calling for open investment and trade environment that allows businesses, entrepreneurs and policy makers to bring their respective strengths to the table and spur the type of innovation and economic growth the U.S. cannot achieve alone. He defined economic success as the ease with which policies make it possible for innovators to exchange ideas, as well as to invest and trade.  The ACCJ luncheon marked Locke’s first stop in Japan while attending the Asia-Pacific Economic Cooperation (APEC) Summit, which is being chaired this year by Japan in Yokohama.

Ministers of the 21-member Asia-Pacific Economic Cooperation (APEC) forum this week are likely to agree on banning fresh protectionist measures to safeguard the world economy, a report said Monday.In a two-day ministerial meeting ahead of the APEC summit this weekend, they are expected to agree on not taking fresh anti-protectionist measures in the coming three years to 2013, Japanese public broadcaster NHK reported, without citing its sources.

Asian and Pacific countries agreed on Sunday to help establish next-generation high-speed broadband networks in their region by 2020, overcoming the "digital divide" between rich and poor nations.The accord was mentioned in a declaration adopted by telecommunications and information ministers from the 21-member Asia-Pacific Economic Cooperation (APEC) forum at the end of a two-day meeting in Okinawa, Japan.