This year's work on human resource development is aimed at developing a clearer operational medium-term plan, which among other things is intended to expand opportunities for all to become participants in and benefit from the new economy. By helping to strengthen the institutional capacity of its developing member economies and by promoting long-term sustainable economic growth, APEC is making valuable contribution by creating jobs and raising the living standards of the people of the region. I think it would be fair if I do not mention the role of women in APEC process. This year Brunei hosted Women Business Leaders Network Meeting that ended with some concrete recommendations to the Ministers of Small and Medium Enterprises. China has agreed to host similar meeting next year.
Women have important roles especially in the development of SMEs.
This year too APEC youths have a chance to display their arts exhibitions to our Leaders and would have a chance to interact with their leaders. All these mean to get them recognized and involve in APEC process. The last development that influences APEC activities, and why we are here, is the outcomes of the Seattle WTO Ministerial Meeting. The demonstration in Seattle indicates that International Economic Organizations including WTO and APEC must strengthen its outreach programmes, communicating the positive impact of globalisation and trade and investment liberalization. As a first step, APEC Secretariat is revamping its web site and you will see a new, more intuitive and highly organised web site.