They also have the obligation to help lift developing members out of the current difficulties at an early date, which will in turn facilitate their own sustainable development. APEC must give firm support to the multilateral trading system, strengthen Ecotech and try to attain the Bogor Goals of realizing trade and investment liberalization before 2010 for developed members and 2020 for developing members. Globalization will grow smoothly and the world economy develop in a sustained and steady manner only when most members of the international community can reap the benefit. The New Economy will bring its potential to the full only when all the members and all sectors of the society participate in it. To this end, enhancing Ecotech with emphasis on human capacity building and promoting a coordinated development of Ecotech on the one hand and trade and investment liberalization on the other will be an effective way.
Human resources are the most valuable.
Human capacity building meets our longterm as well as immediate needs. It has now become one of the core areas of APEC cooperation, an area that members enjoy the broadest consensus and the best foundation for closer cooperation. We should translate the strategic choice into strategic action, advancing it steadily and seeking practical results. Governments of member economies must take up their responsibility. At the same time, efforts should be made to mobilize the business and academic communities and bring their enthusiasm and creativity into full play.