In keeping with PECC International’s purpose, NZPECC as a tripartite organization is committed to

• Promoting freer trade and investment
• Enhancing economic cooperation and coordination
• Supporting social cooperation across the region.

This reflects APEC Leaders’ recognition that regional growth should be inclusive and sustainable.
NZPECC this coming year will particularly focus on activity that supports New Zealand’s interest within the broader PECC agenda, including

a. Participation and leadership in the FTAAP (Free Trade Area Asia Pacific) processes to build on existing pathways to freer trade in goods and services
b. Active participation in the Blue Water Management project
c. Promoting an understanding of the implications of its recent research projects on global value chains and global value networks across PECC and APEC. Two new studies will be published shortly.

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Impact of the Covid-19 Crisis

21 July 2020

To: Standing Committee  Cc: Member Committee Secretariats

Dear Colleagues

We are delighted to share with all of you the State of the Region Report: Impact of the Covid-19 Crisis. This report would not be possible without all of your efforts to solicit survey responses from your respective member committees and stakeholders for which we would like to express our great appreciation. We are very grateful for the efforts for the members of the Editorial Committee, outside readers and of course the authors of the report, Mr Eduardo Pedrosa and Prof Christopher Findlay.

As always, the work of PECC is a community effort that requires us to work together to not only identify the common challenges we face but also suggest ways in which we can overcome them together.

The report is organized in four sections as well as recommendations that arise from the analysis:

Chapter 1: The Economic Impact of the Covid-19 Crisis

Chapter 2: From Survival, Stimulus and Exit Strategies

Chapter 3: Agenda for Cooperation

Chapter 4: Implications for a Post-2020 Vision for APEC

Recommendations

As many of you will be aware, APEC Senior Officials and Ministers Responsible for Trade will be meeting virtually on 24 and 25 July next week. It is our intention to submit the findings of this work as our input into their discussions. We would be very grateful if you could also use share the report amongst your stakeholders who might find this report useful.

The report will be available on the PECC website shortly.

While this has been a significant effort the findings also highlight the importance of regional and international cooperation not only in combating the pandemic but also its economic consequences. As our ability to meet physically is constrained we look to virtual means to convene our community. We will be  in touch again shortly on this. However, as the report makes clear while the crisis is impacting our economies in different ways we share a common challenge. In this regard we would like to begin a conversation with you all on the forward program in light of the changes that the crisis is bringing to all of our economies and societies.

Best Regards,

Ambassador Don Campbell                                                                  Ambassador Su Ge

Co-Chair                                                                                                   Co-Chair

Download The PDF Here