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Adelaide chosen to host 5th APEC Transport Ministers Forum.



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MEDIA RELEASE The Hon Warren Truss MP Minister for Transport and Regional Services

01 September 2005 016WT/2005

ADELAIDE CHOSEN TO HOST 5TH APEC TRANSPORT MINISTERS FORUM

Australian Government Minister for Transport and Regional Services, Warren Truss today announced that Adelaide had been selected to host the 5th APEC (Asia Pacific Economic Cooperation) Transportation Ministerial Meeting from 28 to 31 March 2007.

The meeting is one of a number of Ministerial and Senior Officials Meetings to be held as part of Australia's role in hosting APEC 2007, culminating in the Leader's meeting in Sydney in September 2007.

"This is the first time we have hosted an APEC Transportation Ministerial meeting in Australia," Mr Truss said.

The Minister was enthusiastic about the opportunity for APEC Transport Ministers to visit Australia and advance the important work that APEC is doing to progress free and open trade and investment in the transport sector.

"The meeting provides a prime opportunity for furthering relationships in the Asia-Pacific Region."

APEC member economies work together in a voluntary and consensus manner. The Transport Ministers work to achieve a seamless and safe transport system to facilitate free and secure trade.

Minister Truss said the key priority areas for APEC Transport Ministers were to encourage a more competitive transport industry; encourage safe and environmentally friendly transport systems; and to encourage human resource development and capacity building in both developing and developed economies.

"The meeting will provide an opportunity for transport industry involvement, to share information and ideas with APEC Transport Ministers and delegates on APEC matters generally and to promote Australia's future transport trade and investment."

The work of APEC has positive impacts on the Australian economy generally.

"The Ministerial meeting provides a wonderful opportunity for South Australia to promote itself to the potential 21 visiting Ministers and scores of delegates from the member economies. Such a meeting will have significant flow on benefits for the South Australian economy," Minister Truss said.

Further detail about the meeting will be announced closer to APEC 2007.

Background on APEC attached.

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Background

Australia is a founding member of APEC. Since its inaugural ministerial meeting in Canberra in 1989, APEC has grown to become a key regional forum facilitating economic growth, trade and investment in the Asia-Pacific Region.

APEC members are Australia; Brunei Darussalam; Canada; Chile; China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; The Philippines; Russia; Singapore; Chinese Taipei; Thailand; United States of America; and Vietnam.

Hosting APEC in 2007 will provide Australia with a valuable opportunity to showcase our business, society and culture to influential constituencies within the region and the wider international community.

Australia will host a comprehensive program of APEC meetings focussing on areas of interest to the nation. Among others, these include a Mining Ministers' Meeting, a Small to Medium Enterprise Ministers' Meeting, a Tourism Forum, an Automotive Dialogue and an Energy Ministers' Meeting.

Tim Langmead ( Mr Truss's Office )

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