शनिवार, 9 फ़रवरी 2013

APEC


APEC is the premier Asia-Pacific economic forum. Our primary goal is to support sustainable economic growth and prosperity in the Asia-Pacific region.We are united in our drive to build a dynamic and harmonious Asia-Pacific community by championing free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, enhancing human security, and facilitating a favorable and sustainable business environment. Our initiatives turn policy goals into concrete results and agreements into tangible benefits.
The idea of APEC was firstly publicly broached by former Prime Minister of Australia, Mr Bob Hawke, during a speech in Seoul, Korea in January 1989. Later that year, 12 Asia-Pacific economies met in Canberra, Australia to establish APEC. The founding members were: Australia, Brunei Darussalam, Canada, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and the United States. China, Hong Kong, China and Chinese Taipei joined in 1991. Mexico and Papua New Guinea followed in 1993. Chile acceded in 1994. And in 1998, Peru, Russia and Viet Nam joined, taking the full membership to 21. Between 1989 and 1992, APEC met as an informal senior official and Ministerial level dialogue. In 1993, former United States President, Mr Bill Clinton, established the practice of an annual APEC Economic Leaders' Meeting.
APEC has 21 members. The word 'economies' is used to describe APEC members because the APEC cooperative process is predominantly concerned with trade and economic issues, with members engaging with one another as economic entities.
APEC Members
Date of Joining
Australia
6-7 Nov 1989
Brunei Darussalam
6-7 Nov 1989
Canada
6-7 Nov 1989
Chile
11-12 Nov 1994
People's Republic of China
12-14 Nov 1991
Hong Kong, China
12-14 Nov 1991
Indonesia
6-7 Nov 1989
Japan
6-7 Nov 1989
Republic of Korea
6-7 Nov 1989
Malaysia
6-7 Nov 1989
Mexico
17-19 Nov 1993
New Zealand
6-7 Nov 1989
Papua New Guinea
17-19 Nov 1993
Peru
14-15 Nov 1998
The Philippines
6-7 Nov 1989
Russia
14-15 Nov 1998
Singapore
6-7 Nov 1989
Chinese Taipei
12-14 Nov 1991
Thailand
6-7 Nov 1989
The United States
6-7 Nov 1989
Viet Nam
14-15 Nov 1998

The Asia-Pacific region has consistently been the most economically dynamic region in the world. APEC member economies together account for: 40 percent of world population (2.7 billion people); 44 percent of global trade ($16.8 trillion) and 53 percent of world real GDP in purchasing power parity (PPP) terms ($35.8 trillion).
The region’s real GDP (PPP) has also doubled from $17.7 trillion in 1989 to $35.8 trillion in 2010. By comparison, real GDP (PPP) in the rest of the world has only grown at 3 percent per year, from $17.2 trillion to $31.9 trillion. This means that APEC’s share of world real GDP has increased from 51 percent in 1989 to 53 percent in 2010.
APEC's work under its three main pillars of activity, Trade and Investment Liberalisation, Business Facilitation and Economic and Technical Cooperation, has helped drive this economic growth and improve employment opportunities and standards of living for the citizens of the region.

Trade and Investment Liberalisation
·        APEC is the premier forum for trade and investment liberalisation in the Asia-Pacific and has set targets dates for "free and open trade": no later than the year 2010 for industrialized economies, and 2020 for developing economies.
·         When APEC was established in 1989 average trade barriers in the region stood at 16.9%; by 2010 barriers had been reduced to 5.8%.
·         As a consequence, intra-APEC merchandise trade (exports and imports) has grown from $1.7 trillion in 1989 to $9.9 trillion in 2010, nearly a six-fold increase; now accounting for 67 percent of APEC’s total merchandise trade.
·         Similarly, APEC’s total trade (goods & services) has increased from $3.1 trillion in 1989 to $16.8 trillion in 2010, over a fivefold increase. In the same period, total trade by the rest of the world has gone from $4.6 trillion to $21.1 trillion.
·         By June 2011, 48 FTAs had been signed between APEC members; there are currently 42 FTAs in force between APEC member economies.
·         APEC is also pursuing trade and investment liberalisation through its Regional Economic Integration agenda. Progress to date includes:
·         Investigating the prospects of and options for a Free Trade Area of the Asia-Pacific.
·         The development of 15 model measures for RTAs/FTAs that serve as a reference for APEC members to achieve comprehensive and high-quality agreements.
·         APEC has also acted as a catalyst in the advancement of World Trade Organisation multilateral trade negotiations over the past 20 years.
Business Facilitation   
                                              
·         As a result of the APEC Trade Facilitation Action Plan (TFAP I) the cost of business transactions across the region was reduced by 5% between 2002 and 2006.
·         A second trade facilitation action plan (TFAP II) reduced transaction costs by a further 5% in real terms between 2007 and 2010, representing total savings for business of $58.7biillon
·         APEC initiatives that help facilitate trade include:

         i.            The introduction of electronic/paperless systems by all member economies, covering the payment of duties, and customs and trade-related document processing.
       ii.            The Single Window Strategic Plan, adopted in 2007, provides a framework for the development of Single Window systems which will allow importers and exporters to submit information to government once, instead of to multiple government agencies, through a single entry point.
      iii.            The APEC webpage on Tariffs and ROOs ("WebTR") launched in November 2010 provides users with easy access to APEC member economies' tariff and Rules of Origin information.
     iv.            In 2008, a groundbreaking Investment Facilitation Action Plan was endorsed; it aims to improve the investment environment in Member Economies.
       v.            The APEC Privacy Framework provides guidance and direction to both APEC member economies and businesses on implementing information privacy protection policies and procedures. By facilitating information flows it will facilitate trade and e-commerce.
     vi.            The APEC Business Travel Card (ABTC) provides substantial time and cost savings to business people and facilitates their travel in the region, by allowing visa free travel and express lane transit at airports in participating economies.
    vii.            APEC is also removing behind-the-border barriers to trade through its Structural Reform agenda, which focuses on reforming domestic policies and institutions that adversely affect the operation of markets, and the capacity of businesses to access markets and to operate efficiently.
Economic and Technical Cooperation
·         APEC's Economic and Technical Cooperation (ECOTECH) activities are designed to build capacity and skills in APEC member economies at both the individual and institutional level, to enable them to participate more fully in the regional economy.
·         Since APEC first began to undertake capacity building work in 1993, around 1600 projects have been initiated; at any moment in time, up to 170 projects may be in implementation. APEC contributes funding to around 100-150 projects each year, with a total value of over $23 million committed by APEC to projects in 2010-2011.
·         A particular focus has been reducing the digital divide between industrialized and developing economies:
         i.            In 2000, APEC set a goal of tripling internet usage in the region and that goal has now been achieved, as recognised by the 2008 APEC Ministerial Meeting on the Telecommunications and Information Industry. APEC is now focusing efforts on achieving the goal of universal access to broadband in the APEC region by 2015 – an ambitious target reaffirmed by Telecommunications Ministers in Okinawa, Japan in 2010.
       ii.            A network of 46 APEC Digital Opportunity Centers (ADOC) now operate in 10 member economies. ADOC's objective is to transform the digital divide into digital opportunities and the centres act as local information and communication technology (ICT) resource centres, providing citizens and businesses of the region with access to ICT technologies, education and training.
Other Achievements
APEC has also been able to evolve its agenda to include pressing regional priorities. Examples include: counter-terrorism (The Shanghai Statement in 2001, and the Counter-Terrorism Task Force); human security (Health Working Group); emergency preparedness (Emergency Preparedness Working Group); climate change, energy security and clean development (The Sydney Declaration in 2007 and the APEC List of Environmental Goods in 2012); and the global financial crisis (The Vladivostok Statement in 2012).
Key APEC Milestones
2012 - Vladivostok, Russia
APEC Leaders issue the Vladivostok Declaration stating their commitments to: Trade and Investment Liberalization, Regional Economic Integration; Strengthening Food Security; Establishing Reliable Supply Chains; and Intensive Cooperation to Foster Innovative Growth. Significantly, Leaders endorse an APEC List of Environmental Goods that directly and positively contribute to green growth and sustainable development objectives. APEC seeks to address transparency as a new next generation trade and investment issue, and Leaders endorse the APEC Model Chapter on Transparency for RTAs/FTAs to be used as a guide by APEC economies.
2011 - Honolulu, United States
APEC Leaders issue the Honolulu Declaration in which they commit to taking concrete steps toward a seamless regional economy; addressing shared green growth objectives; and advancing regulatory cooperation and convergence. To reach these goals, APEC resolves to reduce, by the end of 2015, applied tariff rates of environmental goods to 5 percent or less, taking into account economies' economic circumstances, without prejudice to APEC economies' positions in the WTO. APEC sets the goal to reduce aggregate energy intensity by 45 percent by 2035. And APEC commits to take specific steps by 2013 to implement good regulatory practices by ensuring internal coordination of regulatory work; assessing regulatory impacts; and conducting public consultation.
2010 - Yokohama, Japan
APEC Leaders issue the Yokohama Vision to provide a roadmap for members to realize an economically-integrated, robust and secure APEC community. This includes the formulation of a comprehensive, long-term growth strategy . APEC completes an assessment of the progress towards the Bogor Goals and finds significant gains in the areas of liberalizing trade in goods, services and investment, as well as trade facilitation. APEC formulates the APEC Strategy for Investment and endorses the APEC New Strategy for Structural Reform. APEC holds its first-ever APEC Ministerial Meeting on Food Security.
2009 - Singapore
APEC resolves to pursue balanced, inclusive and sustainable growth, while Leaders agree to extend their standstill commitment on protectionism until 2010. The first-ever joint meetings of APEC senior trade and finance officials are held to address the economic crisis. APEC launches the Supply-Chain Connectivity Framework and the Ease of Doing Business Action Plan to make doing business in the region 25 percent cheaper, faster and easier by 2015. Member economies also commence work on an APEC Services Action Plan and an Environmental Goods and Services Work Program.
2008 - Lima, Peru
APEC focused on the social dimensions of trade and on reducing the gap between developing and developed members, in accordance with the 2008 theme, "A New Commitment to Asia-Pacific Development". Leaders also addressed the global financial crisis in the Lima APEC Leaders' Statement on the Global Economy. They committed to take all necessary economic and financial measures to restore stability and growth, to reject protectionism and to intensify efforts to advance WTO Doha Development Agenda negotiations.
2007 - Sydney, Australia
For the first time, APEC Member Economies issue a Declaration on Climate Change, Energy Security and Clean Development outlining future action in support of a new international climate change arrangement and announcing a forward program of practical, cooperative actions and initiatives. Leaders also adopted a major report on closer Regional Economic Integration, including structural reform initiatives, and welcomed the new APEC Trade Facilitation Action Plan which will reduce trade transaction costs by a further five per cent by 2010.
2006 - Ha Noi, Viet Nam
APEC Economic Leaders endorsed the Ha Noi Action Plan which identifies specific actions and milestones to implement the Bogor Goals and support capacity-building measures to help APEC economies. They also issued a statement on the WTO Doha Development Agenda calling for ambitious and balanced outcomes. To prioritize its agenda, APEC takes a strategic approach to reform working groups and strengthen the Secretariat.
2005 - Busan, Korea
APEC adopts the Busan Roadmap, completes the Mid-Term Stocktake which has found that APEC is well on its way to meeting the Bogor Goals, and the APEC Privacy Framework. Leaders issue a stand-alone statement in support of a successful conclusion to the WTO's 6th Ministerial Meeting in Hong Kong, China and agree to confront pandemic health threats and continue to fight against terrorism which could cause deep economic insecurity for the region.
2004 - Santiago, Chile
APEC issues a strong statement of support for progress in the WTO Doha Development Agenda and sets a target date for achieving a breakthrough in negotiations: December 2005, the convening of the Sixth WTO Ministerial Conference. APEC adopts Best Practices for RTAs and FTAs, the Santiago Initiative for Expanded Trade and a Data Privacy Framework. APEC reiterates its "unmistakable resolve" to confront the threat of terrorism, and takes further action in this regard by identifying key elements of effective export control systems; establishing guidelines on the control of man-portable air defense systems (MANPADS), and continuing to implement the STAR initiative. APEC makes a political commitment to fight corruption and ensure transparency, and endorses a specific Course of Action towards this end.
2003 - Bangkok, Thailand
APEC agrees to re-energize the WTO Doha Development Agenda negotiations and stresses the complementary aims of bilateral and regional trade agreements, the Bogor Goals and the multilateral trading system under the WTO. APEC dedicates itself not only to promoting the prosperity of member economies, but also to improving the security of the peoples of the Asia-Pacific region. APEC pledges to take specific actions to dismantle terrorist groups, eliminate the danger of weapons of mass destruction and confront other security threats. Members sign up to the APEC Action Plan on SARS and the Health Security Initiative to further protect personal security. APEC also strengthens its efforts to build knowledge-based economies, promote sound and efficient financial systems and accelerate regional structural reform.
2002 - Los Cabos, Mexico
APEC adopts a Trade Facilitation Action Plan, Policies on Trade and the Digital Economy and Transparency Standards. APEC's second Counter-Terrorism Statement is delivered, along with the adoption of the Secure Trade in the APEC Region (STAR) Initiative.
2001 - Shanghai, People's Republic of China
APEC adopts the Shanghai Accord, which focuses on Broadening the APEC Vision, Clarifying the Roadmap to Bogor and Strengthening the Implementation Mechanism. The e-APEC Strategy is adopted, which sets out an agenda to strengthen market structures and institutions, facilitate infrastructure investment and technology for on-line transactions and promote entrepreneurship and human capacity building. APEC's first Counter-Terrorism Statement is issued.
2000 - Bandar Seri Begawan, Brunei Darussalam
APEC establishes an electronic Individual Action Plan (e-IAP) system, providing IAPs online and commits to the Action Plan for the New Economy, which, amongst other objectives, aims to triple Internet access throughout APEC region by 2005.
1999 - Auckland, New Zealand
APEC commits to paperless trading by 2005 in developed economies and 2010 in developing economies. APEC Business Travel Card scheme is approved and a Mutual Recognition Arrangement on Electrical Equipment and a Framework for the Integration of Women in APEC is endorsed.
1998 - Kuala Lumpur, Malaysia
APEC agrees on the first nine sectors for EVSL and seeks an EVSL agreement with non-APEC members at the World Trade Organization.
1997 - Vancouver, Canada
APEC endorses a proposal for Early Voluntary Sectoral Liberalization (EVSL) in 15 sectors and decides that Individual Action Plans should be updated annually.
1996 - Manila, The Philippines
The Manila Action Plan for APEC (MAPA) is adopted, outlining the trade and investment liberalisation and facilitation measures to reach the Bogor Goals and the first Collective and Individual Action Plans are compiled, outlining how economies will achieve the free trade goals.
1995 - Osaka, Japan
APEC adopts the Osaka Action Agenda (OAA) which provides a framework for meeting the Bogor Goals through trade and investment liberalisation, business facilitation and sectoral activities, underpinned by policy dialogues, economic and technical cooperation.
1994 - Bogor, Indonesia
APEC sets the Bogor Goals of, "free and open trade and investment in the Asia-Pacific by 2010 for developed economies and 2020 for developing economies."
1993 - Blake Island, United States
APEC Economic Leaders meet for the first time and outline APEC's vision, "stability, security and prosperity for our peoples."
1989 - Canberra, Australia
APEC begins as an informal Ministerial-level dialogue group with 12 members.

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