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Did the APEC Summit succeed in
addressing the most important economic and business issues?
How important to Singapore and the region was it to have
the APEC Summit held here?
By Joshua Yim, CEO ACHIEVE Group
The recent APEC Summit set the framework for how the world
economic system should be after the crisis. The doctrine
of protectionism was addressed and an understanding was
forged as to how the various countries in the world should
not fall into the trap of protectionism, which may be tempting
given the precarious economic situation. This is a good
start, setting the stage for the next phase of growth.
Being able to host the Summit has been
a wonderful opportunity to position Singapore as a hub.
It has been said that future world growth will come from
the Asia Pacific and Singapore being situated in the Asia
Pacific, will be the springboard for economic growth in
the region.
[Source: The Business Times]
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