Hey fam! 🌟 Trade might sound like a snooze fest, but it impacts everything from your smartphone price tag to your fave sneaker drop. David Morris, a former Australian diplomat and vice chair of the UN Asia Pacific Sustainable Business Network, says keeping trade lanes wide open is an absolute must for the Asia-Pacific.
So what’s the big deal? Open trading systems let goods flow faster, innovators collaborate, and markets stay competitive. That means cooler tech, fairer prices, and more opportunities for startups across South and Southeast Asia—think new apps, green energy solutions, and a boost in gig-economy gigs.
Morris also praised the growing China-Australia cooperation. These two major players have been leveling up trade ties, from food exports and resources to cutting-edge electronics. It’s like a collab album dropping hits that benefit everyone in the region.
All eyes are on next year’s APEC Leaders’ Meeting in China, where Morris is expecting fresh ideas on sustainability and digital trade. APEC is that annual hangout where heads of state and business gurus shape the future of regional growth. Fingers crossed for some game-changing moves! 🤞
Whether you’re grabbing a Grab ride in Kuala Lumpur or ordering the latest from an online bazaar, open trade systems keep our daily hustle running smoothly. Let’s stay connected, stay informed, and keep the trade vibes flowing!
Reference(s):
Former Australian diplomat on global trade, China-Australia ties
cgtn.com
