Parliamentary Secretary Arif Virani welcomes Second APEC Business Advisory Council Meeting 2022
April 25, 2022 - Vancouver, British Columbia - Global Affairs Canada
Fostering partnerships with forums such as the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) is paramount for our global economic recovery.
Today, Parliamentary Secretary Arif Virani, on behalf of the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, welcomed ABAC to Vancouver for the second of four meetings scheduled for 2022.
Russia’s illegal aggression threatens global economic recovery, destabilizes global supply chains, and undermines the work of APEC and ABAC. In his remarks, Parliamentary Secretary Virani reiterated Canada’s strong condemnation of Russia’s egregious invasion of Ukraine and reaffirmed Canada’s commitment to ensuring that those who undermine the international rules-based order do not benefit from it.
Parliamentary Secretary Virani highlighted the importance of ABAC’s role working towards economic growth and prioritizing innovation, while addressing issues such as food and energy security. Parliamentary Secretary Virani noted that as the world shifts its focus to recovery from the COVID-19 pandemic, the need to work closely with international partners – especially in the dynamic Indo-Pacific region – will be crucial to Canada’s growth and to foster an inclusive global recovery.
Parliamentary Secretary Virani joined participants in the ABAC Cybersecurity Symposium to share Canada’s position on the importance of emerging work in digitalization and infrastructure, and highlighted support being provided through Budget 2022 towards digital growth and security. He underscored the need to work together to give structure to the global digital economy to protect economies, democracies, businesses, and the rules-based trading system.
“Canada is committed to working with APEC economies to overcome the effects of the pandemic and drive a strong, inclusive, and sustainable economic recovery. However, it is impossible for us to achieve collective economic prosperity without a semblance of peace and security. That is why Canada is unwavering in condemning Russia’s illegal war on Ukraine and will continue to work towards ensuring that those who undermine the international rules-based order do not benefit from it.”
- Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development
“Canada values the work that has been accomplished through our partnership with the APEC Business Advisory Council, which will not only continue to help Canadians benefit from international trade, but support the growth of Canada’s partnerships and economic linkages in the Indo-Pacific region. By working closely with our partners to tackle supply chain issues and cybersecurity concerns, we are following through with our Budget 2022 commitments and ensuring Canadian businesses are protected and provided with the best means through which to grow and take part in our global economic recovery.”
- Arif Virani, Parliamentary Secretary to the Minister of International Trade, Export Promotion, Small Business and Economic Development
Canada is a founding member of the Asia-Pacific Economic Cooperation (APEC), which includes 21 member economies.
Established in 1989, APEC promotes sustainable economic growth and prosperity in the Asia-Pacific region.
The APEC Business Advisory Council (ABAC), was created by APEC Leaders in 1995 to provide private sector perspectives on areas of cooperation at APEC.
ABAC comprises of up to three members of the private sector from each APEC economy. ABAC members represent a range of business sectors, including small and medium enterprises.
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