Definitions for "ECOTECH"
Economic and Technical Cooperation"ECOTECH" or economic and technical cooperation forms one of the three pillars of APEC activity. ECOTECH covers a variety of capacity-building and information sharing activities conducted by APEC bodies. These are aimed at enhancing members' - especially developing members' - ability to benefit from the liberalisation agenda and reducing disparities within the diverse APEC region. APEC Ministers have directed that ECOTECH work should focus on six priority areas: developing human capital, developing stable, safe and efficient capital markets, strengthening economic infrastructure, harnessing technologies for the future, safeguarding the quality of life through environmentally sound growth, and developing and strengthening the dynamism of small and medium sized enterprises.