World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


APEC strengthening mining sustainability

APEC strengthening mining sustainability

Beijing, 27 June 2014 – APEC Ministers Responsible for Mining are meeting in Beijing in pursuit of greater industry sustainability needed to satisfy long-term demand for metal and mineral resources and achieve higher quality growth across the Asia-Pacific.

Wang Yong, a State Councilor of China, described in keynote remarks the extent of the role mining plays in fueling socio-economic development in the region while noting that the current slowdown within the sector due to the sluggish global economy is only temporary and that emerging consumption trends make closer cooperation to enhance it essential.

“Mineral exploration, investment and trade play a vital role in promoting economic and social development, creating jobs, reducing poverty, improving our infrastructure and in narrowing the gap between different regions,” Wang explained. “It also provides a solid foundation for development and prosperity in the Asia-Pacific.”

“Global industrial restructuring and the new technology revolution are gaining momentum,” Wang added. “Developed economies are upgrading their manufacturing sectors and are also working to reindustrialize themselves.”

“Emerging economies are pressing ahead with the process of urbanization and industrialization,” he continued. “Therefore demand for metals and minerals will remain robust in the years to come.”

The Asia-Pacific is the largest producer and consumer of mineral resources. It accounts for nearly half of the global production and consumption of oil and gas as well as around 70 per cent of mineral products such as coal, copper, iron, nickel and zinc.

“Strengthening mining investment and trade cooperation, boosting innovative and science-based development, and encouraging enterprises to fulfill social responsibility and promote cooperative, secure, efficient, green and integrated mining development are common tasks we face,” said Jiang Daming, China’s Minister of Land and Resources who is chairing the meeting.

Ministers are discussing policy strategies and experiences in addressing these issues and formulating the next step for regional cooperation within the mining sector.

“Today, mineral products are used in nearly every production process,” concluded Dr Alan Bollard, Executive Director of the APEC Secretariat. “The guidance that Ministers offer to further mining investment and trade facilitation, research and development, environmental protection and safety, and the implementation of it, will help to establish new industry projects and ensure they are developed in a sustainable way that brings greater benefits to society.”

The APEC Ministers Responsible for Mining Meeting will continue through Saturday.

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 


Signs Of Ebola Decline In Liberia Offer ‘Glimmer Of Hope’

Equipped with UNICEF-developed and Government-approved awareness materials, these girls go door-to-door in West Point, Monrovia, to educate their parents, family members and friends about Ebola and how it can be prevented. Photo: UNICEF/UNI171713/Griggers More>>

ALSO:

Allegations Of Misreporting By Joint Darfur Mission

Ban ‘Deeply Troubled’ by Findings of Review of Allegations of Misreporting by Joint Darfur Mission More>>

Status Quo Not Viable Option’ In Jerusalem

Under-Secretary-General for Political Affairs Jeffrey Feltman briefs the Security Council at its meeting on the situation in the Middle East, including the Palestinian question. UN Photo/Eskinder Debebe More>>

ALSO:

  • ITUC - Israel’s Settlement Expansion is an Outrage
  • World News: No To TPP Trade-Offs

    No to TPP Trade-Offs, Say Public Health, Fair Trade Activists at Sydney TPP Ministers’ Meeting More>>

    ALSO:

  • AFTINET - Fair Trade Group Calls for Release of TPP Text
  • Al Jazeera Interpol Rejects Egypt Request For Red Notice On Journalist

    Interpol, the international organisation for police cooperation, has rejected a request from Egypt to issue one of its red notices against Ahmed Mansour, an Al Jazeera journalist. More>>

    UN-Backed Study: Fruit Flies To Prompt Better Pest Controls

    Bactrocera dorsalis is causing “incalculable damage to horticultural industries and food security” across a swathe of countries in Asia, Africa, the Pacific and parts of South America. Photo: IAEA/Viwat Wornoayporn More>>


    ‘The Only Way To Stop Ebola Is At Its Source’ – UN Chief

    Girls in the city of Voinjama look at a poster that displays information and illustrations about how to prevent the spread of Ebola. Photo: UNICEF/2014/Liberia/Jallanzo More>>

    ALSO:

  • Christian World Service - CWS appeals for help to Stop Ebola
  • UN: Multi-Billion Dollar Horn Of Africa Pledge

    UN’s Ban, Global Leaders Join Forces in Multi-Billion Dollar Horn of Africa Pledge More>>


     
     
     
     
     
    World
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news