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Copyright © 2013 APEC Secretariat

Inside APEC[Date] XX XX XXXX

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Introducing APEC


APEC Member Economies

APEC Official Observers• Association of South East Asian Nations (ASEAN) Secretariat• Pacific Economic Cooperation Council (PECC)• Pacific Islands Forum (PIF)


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.


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.


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


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


APEC’s Achievements

Average tariffs have fallen in the APEC region between 1989-2010


Trade transaction costs in APEC region

APEC’s Achievements

5% reduction (2007-2010 period)

US$58.7 billion in savings


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%


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


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


Implementation

Osaka Action Agenda

Individual Action Plans

Collective Action Plans


APEC’s Expanded Scope

Counter-terrorism

Health pandemics

Emergency preparedness

Climate change mitigation


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


APEC and the Business Community

APEC makes doing business: Cheaper Easier More predictable


How APEC Operates


APEC and the Business Community

Industry Dialogues

APEC Business Advisory Council

APEC CEO Summit

APEC Business Travel Card


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


APEC Host Economies

YEAR

201320122011201020092008200720062005200420032002200120001999199819971996199519941993

MEMBER ECONOMY

IndonesiaRussiaUnited StatesJapanSingaporePeruAustraliaVietnamKoreaChileThailandMexicoChinaBrunei DarussalamNew ZealandMalaysiaCanadaPhilippinesJapanIndonesiaUnited States

LEADERS’ MEETING VENUE

BaliVladivostokHonoluluYokohomaSingaporeLimaSydneyHanoiBusanSantiagoBangkokLos CabosShanghaiBandar Seri BengawanAucklandKuala LumpurVancouverSubicOsakaBogorBlake Island, Seattle


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


Connect with APECConnect with APEC

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Visit us at www.apec.org

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