Hanoi (VNA) – About 300 international and domestic delegates,including financial ministers, leaders of financial agencies and central banksfrom 21 APEC economies, will gather for the APEC Finance Ministers’ Meeting andRelated Meetings slated for October 19-21 in the central province of Quang Nam.

The event will feature the APEC Finance and Central Bank Deputies’ Meeting(FCBDM) and the 24th APEC Finance Ministers’ Meeting (FMM), the mostsignificant meeting of APEC Finance Ministers during the year.

Vu Nhu Thang, head of the International Relations Department under the Ministryof Finance, said that the delegates will discuss global and regional macroeconomy and finance, have a look at financial cooperation progress and update theimplementation of Cebu Action Plan and many issues of interest.

The financial ministers will have a dialogue with the Business Advisory Council(ABAC) and leaders of large corporations and groups in the region.

APEC finance and central bank deputies agreed four cooperation priorities in2017, including long-term infrastructure investment, base erosion and profitshifting (BEPS), disaster risk financing and insurance, and inclusive finance.

Thang said that cooperation in these four fields will be reported to thefinance ministers at the 24th APEC Finance Ministers’ Meeting (FMM)on October 21. The ministers will then issue a joint statement on regionalfinancial cooperation and collaboration sectors in the year.

Established in 1989, APEC comprises 21 economies, including Australia, Brunei,Canada, Chile, China, Hong Kong, Indonesia, Japan, the Republic of Korea,Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia,Singapore, Chinese Taipei, Thailand, the US, and Vietnam.-VNA