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Inside APEC

Inside APEC. [Date] XX XX XXXX. Presented by [Name] [Title]. 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).

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Inside APEC

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  1. Inside APEC [Date] XX XX XXXX Presented by [Name] [Title]

  2. Introducing APEC

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

  4. APEC’s Economic Significance World US$58 trillion APEC US$32 trillion World US$38 trillion APEC US$17 trillion World6.8billion APEC 2.7 billion Source: StatsAPEC, Key Indicators Database.

  5. 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.

  6. 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

  7. APEC’s Development • 1989-1992Ministerial 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

  8. APEC’s Achievements • Average tariffs have fallen in the APEC region between 1989-2010

  9. APEC’s Achievements Trade transaction costs in APEC region • 5% reduction (2007-2010 period) • US$58.7 billion in savings

  10. APEC’s Progress • 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%h • Poverty in APEC region - 44% i Source: StatsAPEC, Key Indicators Database; World Bank, World Development Indicators.

  11. APEC’s Three Pillars • Trade and Investment Liberalization • Tariff and non-tariff barriers • Regional economic integration • Business Facilitation • Ease of Doing Business • Structural reform • Supply chain connectivity • Economic and Technical Cooperation • Capacity building

  12. APEC and Capacity Building Economic and Technical Cooperation (ECOTECH) Narrow 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

  13. Implementation • Osaka Action Agenda • Individual Action Plans • Collective Action Plans

  14. APEC’s Expanded Scope • Counter-terrorism • Health pandemics • Emergency preparedness • Climate change mitigation

  15. APEC and Structural Reform Structural Reform Efforts in APEC Regulatory reform Competition policy Public sector governance Corporate governance Strengthening economic and legal infrastructure Leaders’ Agenda to Implement Structural Reform (LAISR) • Promote balanced and sustainable growth • Foster transparency, competition and better functioning markets • Enhance opportunities for women • Emphasize education, SME development APEC New Strategy for Structural Reform (ANSSR)

  16. APEC and the Business Community • APEC makes doing business: • Cheaper • Easier • More predictable

  17. How APEC Operates

  18. APEC and the Business Community • Industry Dialogues • APEC Business Advisory Council • APEC CEO Summit • APEC Business Travel Card

  19. 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

  20. APEC Host Economies YEAR 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 MEMBER ECONOMY Indonesia Russia United States Japan Singapore Peru Australia Vietnam Korea Chile Thailand Mexico China Brunei Darussalam New Zealand Malaysia Canada Philippines Japan Indonesia United States LEADERS’ MEETING VENUE Bali Vladivostok Honolulu Yokohoma Singapore Lima Sydney Hanoi Busan Santiago Bangkok Los Cabos Shanghai Bandar Seri Bengawan Auckland Kuala Lumpur Vancouver Subic Osaka Bogor Blake Island, Seattle

  21. APEC Indonesia 2013 “Resilient Asia-Pacific, Engine of Global Growth” • Attaining the Bogor Goals • Achieving Sustainable Growth with Equity • Promoting Connectivity

  22. Connect with APEC Visit us at www.apec.org Find us on Facebook page www.facebook.com/APECnews Follow us on Twitter www.twitter.com/@followAPEC

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