David Toua

Trade liberalisation endorsed

ABAC PNG Chair, David Toua, said this agenda will be pushed in the Leaders’ Summit in November.

This call was further pushed during the 3rd ABAC Meeting in Kuala Lumpur recently.

Toua said during the 3rd ABAC meeting, business leaders expressed concern about the current unstable global trade and economic environment. 

He said there is a general consensus that with the current environment, aided by protectionism, this would hinder prosperity for economies.

Reduce barriers to trade, investment

Chair of the APEC Business Advisory Council (ABAC), David Toua, said this recently in Tokyo, Japan, during the ABAC 2 Meeting.

Toua said the region was currently at the crossroads and urged ABAC members not to regress growth.

“One road takes us towards open markets, dynamic flows of goods, services, investment and people, and inclusive growth. The other takes us backwards towards protectionism, exclusion and regional economic slows

“We should not hold back progress in the Asia-Pacific,” said Toua.