Asia-Pacific region is undergoing major and rapid
economic and social changes in an economy
characterized by continued globalisation,
technological change and enhanced competition.
Employers' organizations in the region need to
better understand these national, sub-regional,
regional and international developments, so as to
better serve their member enterprises in order to
make the environment in the Asia-Pacific region an
attractive and better place to do business in, as
well as to promote social and economic development
for its people. Thus, they need to discuss these
issues and to develop a well-coordinated common
response and strategy to deal with them.
We, the employers' organizations which participated
in the 5th Asia-Pacific High-Level Employers'
Conference held in Singapore, October 2000,
conscious of our role in the formulation of
socio-economic policies for stability and growth,
recognizing the challenges and opportunities of
globalization, and realizing the imperative need for
cooperation, cohesion and interaction in a
borderless economy, hereby establish
THE CONFEDERATION OF
ASIA-PACIFIC EMPLOYERS (CAPE).