HAIS Social Innovation Community - 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 Asia-Pacific Economic Cooperation Established in 1989, in Australia Originally comprised of 12 members First Leaders Meeting was held in 1993 at Blake Island off the coast of Seattle. The U.S. State Department lists the APEC as the the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region. Used since its inception Want to focus on economics, not politics The China/Hong Kong/Taiwan issue 1. Australia 2. Brunei Darussalam 3. Canada 4. Chile 5. People's Republic of China 6. Hong Kong, China 7. Indonesia 8. Japan 9. Republic of Korea 10. Malaysia 11. Mexico 12. New Zealand 13. Papua New Guinea 14. Peru 15. The Republic of the Philippines 16. The Russian Federation 17. Singapore 18. Chinese Taipei (Taiwan) 19. Thailand 20. United States of America 21. Viet Nam HAWAII The worlds largest economic forum 40% of the worlds population 44% of world trade 53% of the worlds GDP Within five years, Asias economy is expected to be about 50 percent larger than it is today - Obama APEC economies receive 60% of all U.S. exports 6 of the world's 10 largest carbon emitters 5 of the world's 6 largest standing armies The world's largest Muslim nation Represent 7 of the top 10 countries of origin for international students studying in the U.S. 1. *** Trade and Investment Liberalization Reduce and eventually eliminate tariff and non-tariff barriers to free trade 2. Business Facilitation Reduce the cost, and improve the ease, of doing business 3. Economic and Technical Cooperation Provide training to build capacity at the institutional and individual level to assist people with gaining the skills needed to take advantage of global trade Role of Government in the Market Energy and Environment Innovation and Information and Communication Technology (ICT) Corporate Social Responsibility Counter-terrorism Gender Issues Human Security Emergency Preparedness Structural Reform Free Trade Area of the Asia- Pacific New Growth Strategy Climate Change Food Security Is not a formal trade agreement Is not a common market Is not a rules-based organization Is non-binding and voluntary Does not have enforcement power Works on consultation and consensus-building Open sharing of information between members and the public APEC Organizational Chart Policy Level Working Level Just concluded last weekend Stronger support for the creation of a Free Trade Area of the Asia-Pacific (FTAAP) by 2020 Some call it the NAFTA of the Asia- Pacific region Referred to 2011 is a "window of opportunity AP Photo/Charles Dharapak Hosting APEC in 2011 is a key opportunity for the United States to reassert its leadership on broad economic issues affecting not only business but also health, education and security in Asia Craig Mundie U.S. Host Committee Chair 21 Economies for the 21 st Century Introduction to APEC 2011 Video Introduction to APEC 2011 Video Confirmed Dates for APEC 2011 USA DateEventLocation 2010 Dec 08APEC SymposiumHonolulu Dec 09Informal Senior Officials MeetingHonolulu 2011 Feb 22Finance Deputies MeetingSan Francisco Feb 23-24Meeting on financial inclusionSan Francisco Feb 28 Mar 13Senior Officials' Meeting I (SOM1) and Related MeetingsWashington D.C. May (TBA)Senior Officials' Meeting II (SOM2) and Related MeetingsBig Sky, Montana May (TBA)18 th Small and Medium Enterprise Ministerial MeetingBig Sky, Montana May (TBA)32 nd Small and Medium Enterprise Working Group MtgBig Sky, Montana May 23Meeting of Ministers Responsible for TradeBig Sky, Montana Sept (TBA)Senior Officials' Meeting 3 (SOM3) and Related MeetingsSan Francisco Sept (TBA)9 th Gender Focal Point Network MeetingSan Francisco Sept (TBA)39 th Tourism Working GroupSan Francisco Nov (TBA)Concluding Senior Officials Meeting and Related MtgsHonolulu Nov (TBA)APEC CEO SummitHonolulu Nov (TBA)Small and Medium Enterprises Ministerial MeetingHonolulu Nov 10APEC Finance Ministers MeetingHonolulu Nov 12-13APEC Economic Leaders MeetingHonolulu The fact that the president is inviting his counterpart leaders to his native town is taken in many cultures as showing guests the highest respect Charles Morrison AP Photo Between 15,000-20,000 people expected 60 political ministers 8,000 delegates Countless business leaders 2,000 accredited media members from around the world Numerous side meetings among business, government, and nonprofit leaders. U.S. Department of Homeland Security has already designated it a national special security event Expected to generate $120 million for Hawaii