Sunday, June 30, 2019

Promoting Authorized Economic Operator (AEO) programs in Asia-Pacific Region

Yu, Mu-Hsiang
    Promoting participation in Authorized Economic Operator (AEO) programs is the priority issue of Integration 4.0 in APEC 2019. Under the leadership of hosting economy Chile, the main purpose of AEO programs is to actively incorporate Small and Medium Enterprises (SMEs) into the Asia-Pacific market by reducing trade risks as a result of safe and convenient customs declarations.

The Trade Liberalization of the Asia-Pacific Region Moving Forward by CPTPP and EU-Japan EPA

Wang, Sheng-Ming

    The Comprehensive and Progressive Partnership(CPTPP) and the Japan and EU Economic Partnership Agreement (EPA) came into force separately on December 30,2018 and on February1,2019. These two large free economic trade agreements include the Asia-Pacific area and major economies in Europe. The coverage is very extensive, and the affected economies and populations are huge, so that the trade liberalization in Asia-Pacific and European region is moving forward.

The Public and Private Sectors Cooperate to Respond to Catastrophic Risks in the Asia-Pacific Area

Rida Yu

    The Asia-Pacific area on both sides of the Pacific Ocean often suffers from natural disasters that bring about critical economic losses and affect social stability. Such catastrophes occurred frequently in the Asia-Pacific region throughout 2018, including the wildfires in California and three hurricanes in United States, an earthquake and tsunami in Indonesia, another earthquake in Mexico, and various
typhoons that attacked Taiwan and Japan (please refer to Figure 1), resulting in approximately US$150 billion in global economic losses. The reinsurance company settled about 51% of the claims, while Taiwan has to pay a significant amount of foreign reinsurance this year.

Monday, January 14, 2019

Implications of the US and Japan's Smart Agricultural Experiences


    As global smart agriculture is innovated from automation to intellectualization, advanced countries' experiences with smart agricultural technology can be used by us as references. In observing the experience of developing smart agriculture in both the United States and Japan, Taiwan's smart agriculture development context is much closer to that of Japan, while the expected benefits are generally that the same as those of both the United States and Japan. Therefore, strengthening the aspects of sustainable agriculture, coping with extreme climate in the future, and enhancing the advancement of human resources with smart agriculture, including research, training, and the promotion of smart agriculture are all recommended in order to plant the intelligent and sustainable seeds of agriculture in Taiwan.

The Minister Responsible for Mining's Outlook of the 2018 APEC Meeting

Bo-Chin Chang

    APEC's main goal is to ensure the growth and development of the regional economy by promoting trade and investment liberalization, commercial facilitation, and economic and technological cooperation within the region. The mining industry actually has a significant influence on economic growth and prosperity in the APEC region as the world's largest production and consumption area of mineral resources. Furthermore, the minerals and metals produced and consumed in the region account for approximately 70% of the total global output. The domestic economic growth of several economies rely on the trade and investment of such minerals and metals. Most of all, the mining and trading of mineral products between APEC economies have long rendered significant contributions to the overall economic development of the Asia-Pacific region.

APEC Leaders' Meeting focuses on Asia-Pacific Digital Roadmap

Victoria Tsai

    This year, Mr. Morris Chang, founder of TSMC, attended the APECLeaders Meeting on behalf of the president. Morris Chang is considered as having the highest level of digital knowledge among all the other APEC leaders. Furthermore, the Chair's Era Kone Statement provides the characteristic digital opportunity blueprint in the Asia-Pacific region for digital economic development, particularly with the APEC Action Agenda on the Digital Economy, which encourages APEC economies to actively master digital opportunities.

Monday, December 10, 2018

APEC’s New Priority: An Asia-Pacific Digital Vision

 Chien-Fu Lin      
    Over its nearly three-decade lifespan, APEC has served an important role in promoting regional development. But with the APEC Bogor Goals set to expire in 2020, we must think about how to make APEC relevant for the challenges of the decades ahead. It is firmly believed that the priority areas for cooperation in APEC’s post-2020 vision should focus on the fields which can help us maintain and drive economic growth into the future.

Thursday, December 6, 2018

The 2018 IeSF ESports World Championship Will Take Place in Kaohsiung

 Gary Chen

    The International e-Sports Federation (IeSF) has announced that Taiwan’s port city Kaohsiung will host the 10th ESports World Championship in 2018. The 2018 ESports World Championship is scheduled to take place at the Kaohsiung Arena (K-Arena) from November 9 to 11 and is expected to surpass all previous championships in scale with hundreds of players, officials, and press representatives from over fifty different economies expected to attend.