13 January 2017
Press Release: G/01/2017
BANGKOK (ESCAP News) — Ministers from countries party to the Asia-Pacific Trade Agreement (APTA) met during the Fourth APTA Ministerial Council today to conclude negotiations that will more than double the number of products under preferential tariff treatment in order to expand trade and boost growth in the region. The Fourth APTA Ministerial Council was organized by the United Nations Economic and Social Council for Asia and the Pacific (ESCAP) which acts as secretariat for the Agreement.
Bangkok (ESCAP News) — The United Nations Economic and Social Commission for Asia and the Pacific’s (ESCAP) recently released Asia-Pacific Trade and Investment Report 2016 highlights that the region’s trade flows are wavering amid sluggish global economic and trade growth, downward movement of world commodity prices and an uncertain policy environment. This situation comes at a time when the need for trade growth to support the 2030 Agenda for Sustainable Development could not be more critical.
Although the volume of exports of goods grew at 3 per cent in 2015, the nominal value of exports and imports by the Asia-Pacific region experienced a major slump in 2015, of 9.7 per cent and 15 per cent, respectively. Sluggish growth in trade is expected to continue through to the end of 2016. Rebounding somewhat, exports are expected to increase by 4.5 per cent and imports by 6.5 per cent in developing countries of Asia and the Pacific in 2017, but the Report forecasts more modest growth in exports and imports in volume terms, at 2.2 per cent and 3.8 per cent, respectively.
“Trade is the key driver of economic activity in Asia and the Pacific,” stated Dr. Shamshad Akhtar, Under-Secretary-General of the United Nations and Executive Secretary of ESCAP.
What: Launch of Economic and Social Survey of Asia and the Pacific 2016: Year-end Update
- Dr. Shamshad Akhtar, Under-Secretary-General of the United Nations and Executive Secretary of ESCAP
- Mr. Hamza Ali Malik, Officer-in-charge, Macroeconomic Policy and Financing for Development Division, ESCAP
When: Thursday, 1 December 2016, 13:30 – 14:30 hours
Where: Conference Room 4, UN Conference Centre, Rajadamnern Nok Avenue, Bangkok
Watch: YouTube Live Webcast – https://www.youtube.com/watch?v=dGnWqwg6N50
Economic conditions have stabilized in the Asia-Pacific region in the second half of 2016, as such stable economic conditions provide an opportunity to make progress on the productivity and inclusiveness fronts. However, despite recent stability, the likely impact of some risks for the near-term economic outlook should not be underestimated. The Economic and Social Survey of Asia and the Pacific 2016: Year-end Update highlights the possibilities to advance on key development opportunities in the region given the current economic climate.
14 July 2016 Press Release No: G/36/2016
New York (ESCAP News) — The experiences and challenges of Asia-Pacific’s countries in implementing the 2030 Agenda for Sustainable Development will be emphasized by the United Nations Economic and Social Commission for the Asia and the Pacific (ESCAP) in high-level side events held alongside the High-Level Political Forum on Sustainable Development (HLPF), and the fifth biennial meeting of the Development Cooperation Forum (DCF) in New York next week.
Convened under the auspices of the Economic and Social Council (ECOSOC) the HLPF ministerial segment held from 18-20 July is the essential global forum for providing political leadership, guidance and recommendations on implementing the 2030 Agenda. The DCF held from 21-22 July will review the latest international development cooperation trends, bringing together policymakers, civil society organizations and private foundations.
The Statistical Yearbook for Asia and the Pacific 2015 is a reference of current and emerging trends of economic, social and environmental development in Asia and the Pacific. For the first time the Yearbook is aligned with the 17 Sustainable Development Goals (SDGs), and each Goal below, when clicked, links to analyses of development trends, data tables and statistical data challenges. Continue reading
Recognizing the enabling role of ICT in achieving the newly adopted Sustainable Development Goals (SDGs), the United Nations Asian and Pacific Training Centre for Information and Communication Technology for Development (UN-APCICT) organized a Regional Dialogue on ICTD Capacity Building for Inclusive, Resilient and Sustainable Development and Annual Partners Meeting from 1 to 4 December in Incheon, Republic of Korea. The meeting examined how ICT can support the 2030 Agenda for Sustainable Development. Continue reading
Senior representatives from over 30 Asia-Pacific countries ended a three day United Nations economic committee here today, calling for a rethink of economic growth strategies and policies in support of the 2030 Agenda for Sustainable Development. Continue reading