Prime Minister Hon. James Marape says the APEC Family of Nations controls about 60 per cent of the world’s Gross Domestic Production (GDP), hence, Papua New Guinea is privileged to a member of APEC. He said this today (November 15, 2022) as he travels to Bangkok, Thailand, for APEC 2022, the first in-person APEC Economic Leaders’ Week (AELW) in four years since APEC 2018 in Port Moresby because of COVID-19. PM Marape To USE Apec 2022 to attract More investors into PNG “Members of APEC are the movers and shakers of the global economy at present,” PM Marape said. “This is especially with the robust market, especially in Asia, which has emerged and will be here for a long time to come. “Papua New Guinea’s relationship with APEC nations is crucial, and especially given that we already have strong bilateral relationships with many established economies including USA, the United Kingdom and European Union, and India. “We also have a strong relationship with ASEAN nations like Philippines,