On July 5, 2024, 13 Asian Economic Organizations gathered at Keidanren for カジノシークレット 出金 時間usiness Summit.

Asia's economic growth rate is projected to be 4.5% in 2024, making the Region a growth center of the world. Meanwhile, the world is becoming increasingly disintegrated. It is estimated that 2.5% to 7% of the world GDP could be lost if the global division of labor カジノシークレット 出金 時間echnology transfers stagnate due to the global fragmentation, inevitably affecting Asia. In addition, several Asian countries are facing challenges such as aging and declining populations. In order for Asian countries and regions to achieve sustained growth, public and private sectors must collaborate to bring about innovation, promote free and fair trade/investment and develop a pathway for achieving carbon neutrality.

Based on this common understanding, we, the Business Community of Asia, reached a consensus on the following points.

1. Innovation

Innovation is the key to addressing our goals such as strengthening industrial competitiveness, adapting to aging population, and enhancing our wellbeing. From the viewpoint of bring about innovation, the Business Community of Asia focused on the followings.

(1) Building a Startup Ecosystem

Startups are the source of innovation. It is important to create a platform for business matching between startups and large companies so that startups can benefit from the financial resources and management know-how of large companies カジノシークレット 出金 時間hereby maximize their ingenuity. The governments of each economy should create a business-friendly environment for startups through measures such as relaxation of investment regulations, facilitation of administrative procedures, providing tax incentives, and offering guarantees for investments and loans.

(2) Movement of Natural Persons

Free movement of highly skilled migrants across borders is prerequisite for innovation. Governments of each economy should consider easing immigration and residency requirements for highly skilled migrants, promoting mutual recognition of licenses and certifications, and concluding social security agreements. In addition, in order to facilitate short-term mobility for business visitors, consideration should be given to extending APEC Business Travel Card (ABTC) coverage to non-APEC members.

2. Free and Fair Trade/Investment

The Regional Comprehensive Economic Partnership (RCEP) Agreement entered into force in 2022, カジノシークレット 出金 時間rade volume of the current 15 Members accounts for 29% of the global total. It goes without saying that the door must be kept open to future Member countries and regions so that the coverage of the Agreement could be expanded. To ensure that RCEP plays a pivotal role in trade and investment liberalization, supply chain openness and resilience, and resource/energy security, implementation of the agreement, including the prohibition of import/export restrictions, the prohibition of performance requirements, free cross-border data flow, and prohibition of data localization, must first be monitored. Also, RCEP Members should start discussing tariff elimination of goods currently excluded from trade liberalization, and acceleration of tariff elimination schedule for goods where staging category has been established.

Under the consensus of current Members, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) should also be open to new Members, provided that the candidates are able to implement the high-level market access and rules under the Agreement, カジノシークレット 出金 時間hat they have the sufficient track record of adherence to the existing rules.

The role of the WTO's multilateral scheme remains important in achieving free trade on a global scale, カジノシークレット 出金 時間he Business Community of Asia calls for its reform and restoration. First, the dispute settlement mechanism, the last resort for rule enforcement, needs to be restored immediately. In addition, it is important to make substantive progress in the plurilateral efforts such as the Disciplines on E-commerce, and Investment Facilitation Agreement カジノシークレット 出金 時間o promote discussions on the formulation of rules to ensure the fair competition.

Governments of each economy should keep markets open and strengthen supply chain cooperation.

3. Carbon Neutrality

In order to achieve carbon neutrality on a global scale, カジノシークレット 出金 時間sential to decarbonize Asia, which accounts for nearly half of the world's CO₂ emissions. Asia relies heavily on thermal power generation for much of its electricity, as there are limitations to scaling up in renewable energy due to unfavorable weather conditions and other restrictions, it is necessary to realize innovations, such as the development of innovative industrial processes, the use of new fuels such as hydrogen, ammonia, and synthetic fuels, カジノシークレット 出金 時間he promotion of Carbon dioxide Capture, Utilization, and Storage (CCUS) technologies, while also promoting clean energy. These innovations will unleash Asia's economic growth while providing a stable and affordable energy supply that meets the drastic increase in electricity demand associated with the progress of electrification カジノシークレット 出金 時間he dissemination of AI. During the transition period, it is essential to promote efforts based on various pathways that take into account the circumstances of each country in cooperation, including the use of LNG as a transition fuel カジノシークレット 出金 時間he decarbonization of thermal power through co-firing of ammonia and hydrogen.

The Asian Zero Emissions Community (AZEC) concept is considered useful as a framework for such cooperation. It is also important to reduce tariffs on environmental goods and eliminate investment barriers on green infrastructure through EPAs/FTAs such as RCEP.

Furthermore, a platform for sharing environmental data could be established in each sector to ensure traceability of emissions throughout the global supply chains. Interoperability among other platforms, promotion of international standard-setting, and mutual recognition are essential on a global scale.

In addition, promoting efforts to achieve a circular economy is important to contribute to carbon neutrality.

4. Digital Transformation

Utilization of data is a prerequisite for realizing innovation, free trade/investment, and a carbon-neutral society. In order to create new added value through data analysis using generative AI, the first step is to rectify the uneven distribution of data カジノシークレット 出金 時間he resulting "digital deficit". Promotion of Data Free Flow with Trust (DFFT) is essential in this regard. Not only should the customs duties moratorium on electronic transmissions be made permanent, but also globally interoperable rules or cross-border data flow are required in this regard. In addition, as cyber threats increase, Asia should promote capacity building, etc.

We, the Business Community of Asia, will continue to make maximum use of the Asian Business Summit to further strengthen coordination and cooperation among the economic organizations of each country and region, and call on each government to make concerted efforts to realize a more prosperous, vibrant, and attractive Asia.