Cancellation of APEC summit shrinks Taiwan’s global exposure: scholar

Taipei-A decision by Chile, the host country of the 2019 Asia-Pacific Economic Cooperation (APEC) summit, to cancel the summit will reduce Taiwan's international exposure, a local scholar said Thursday.

APEC is one of the few world bodies in which Taiwan can participate as a formal member, Charles Chou (???), associate director of the International Affairs Department of Taiwan Institute of Economic Research, noted.

In preparation for the 2019 APEC summit, Taiwan had developed several proposals on a post-2020 vision for dealing with issues related to women, he said, commenting on an announcement earlier in the day by Chilean President Sebastian Pinera on the cancellation of the summit in Santiago Nov. 16-17 due to mass protests in his country.

Pinera also said he was calling off plans to host the United Nations annual global climate conference that was scheduled for December in Santiago.

Chou said Chile's decision not to host the APEC summit was regrettable because the Taiwan envoy to APEC would not have the chance to interact with other world leaders on a global stage.

He said it was anticipated that Taiwan's designated envoy Morris Chang (???), founder of Taiwan Semiconductor Manufacturing Co., would be able to mingle with United States President Donald Trump and other prominent world leaders at the APEC summit.

Also commenting on the issue, the Ministry of Economic Affairs (MOEA) expressed similar views, saying APEC is a major global platform for Taiwan.

At previous meetings over the past year, Taiwan had put forth several initiatives and worked with other member states in areas such as trade facilitation, the service sector and inclusive growth, the MOEA said.

The cancellation of the 2019 APEC summit for the first time in its history is not expected to significantly affect its overall functions, according to Roy Lee (??), an associate research fellow and deputy director of the Taiwan World Trade Organization and the Regional Trade Agreements Center of the Chung-Hua Institution for Economic Research.

Source: Focus Taiwan News Channel