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Inside APEC[Date] XX XX XXXX
Presented by
[Name][Title]
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Introducing APEC
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APEC Member Economies
APEC Official Observers• Association of South East Asian Nations (ASEAN) Secretariat• Pacific Economic Cooperation Council (PECC)• Pacific Islands Forum (PIF)
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APEC’s Economic Significance
World 6.8 billion
APEC 2.7 billion
World US$38 trillion
APEC US$17 trillion
World US$58 trillion
APEC US$32 trillion
Source: StatsAPEC, Key Indicators Database.
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APEC’s Mission Statement
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.
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Benefit of Liberalization
Citizen PerspectiveIncreases product choice; lowers prices; raises standards of living and stimulates employment
Business PerspectiveOpens markets, increases competition and innovation, and lowers production and costs
Economy PerspectiveIncreases trade, contributes to economic development and regional integration
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APEC’s Development
1989-1992 Ministerial level dialogue
1993 First APEC Economic Leaders’ Meeting
1994 “Bogor Goals of free and open trade and investment in the Asia-Pacific” by 2010 for industrialised economies by 2020 for developing economies
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APEC’s Achievements
Average tariffs have fallen in the APEC region between 1989-2010
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Trade transaction costs in APEC region
APEC’s Achievements
5% reduction (2007-2010 period)
US$58.7 billion in savings
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APEC’s ProgressAPEC’s Progress
Source: StatsAPEC, Key Indicators Database; World Bank, World Development Indicators.
5-fold increase in APEC members’ total tradeBetween 1989 and 2010 from US$3.1 trillion to $16.8 trillion
Employment in APEC economies – 10.9%
Poverty in APEC region - 44%
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1. Trade and Investment Liberalization Tariff and non-tariff barriers Regional economic integration
2. Business Facilitation Ease of Doing Business Structural reform Supply chain connectivity
3. Economic and Technical Cooperation Capacity building
APEC’s Three Pillars
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APEC and Capacity Building
Economic and Technical Cooperation Economic and Technical Cooperation (ECOTECH)(ECOTECH)
Narrow gap between developing and industrialized economiesNarrow gap between developing and industrialized economies
1,600 Capacity Building Projects since 1993
Workshops and seminars for government officials, businesses and individuals
Conducted by APEC Working Groups and Task Forces– Telecommunications– Mining– Human Resources Development– Emergency Preparedness
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Implementation
Osaka Action Agenda
Individual Action Plans
Collective Action Plans
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APEC’s Expanded Scope
Counter-terrorism
Health pandemics
Emergency preparedness
Climate change mitigation
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Leaders’ Agenda to Leaders’ Agenda to
Implement Structural Implement Structural
Reform (LAISR) Reform (LAISR)
1.1. Regulatory reformRegulatory reform
2.2. Competition policyCompetition policy
3.3. Public sector governancePublic sector governance
4.4. Corporate governanceCorporate governance
5.5. Strengthening economic and legal Strengthening economic and legal
infrastructureinfrastructure
APEC New Strategy APEC New Strategy
for Structural Reformfor Structural Reform
(ANSSR) (ANSSR)
Promote balanced and sustainable growthPromote balanced and sustainable growth Foster transparency, competition and better Foster transparency, competition and better
functioning marketsfunctioning markets Enhance opportunities for womenEnhance opportunities for women Emphasize education, SME developmentEmphasize education, SME development
APEC and Structural ReformAPEC and Structural Reform
Structural Reform Efforts in APEC
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APEC and the Business Community
APEC makes doing business: Cheaper Easier More predictable
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How APEC Operates
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APEC and the Business Community
Industry Dialogues
APEC Business Advisory Council
APEC CEO Summit
APEC Business Travel Card
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APEC Secretariat
APEC Secretariat established in 1993
Headed by Executive Director, Dr. Alan Bollard
Support units include: Communications Finance Information Technology Project Management Unit Policy Support Unit
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APEC Host Economies
YEAR
201320122011201020092008200720062005200420032002200120001999199819971996199519941993
MEMBER ECONOMY
IndonesiaRussiaUnited StatesJapanSingaporePeruAustraliaVietnamKoreaChileThailandMexicoChinaBrunei DarussalamNew ZealandMalaysiaCanadaPhilippinesJapanIndonesiaUnited States
LEADERS’ MEETING VENUE
BaliVladivostokHonoluluYokohomaSingaporeLimaSydneyHanoiBusanSantiagoBangkokLos CabosShanghaiBandar Seri BengawanAucklandKuala LumpurVancouverSubicOsakaBogorBlake Island, Seattle
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APEC Indonesia 2013 APEC Indonesia 2013
“Resilient Asia-Pacific, Engine of Global Growth”
I. Attaining the Bogor Goals
II. Achieving Sustainable Growth with Equity
III. Promoting Connectivity
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Visit us at www.apec.org
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