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HAIS Social Innovation Community - APEC

HAIS Social Innovation Community - APEC. Today’s Agenda. What is APEC?. Mission. APEC is the premier Asia-Pacific economic forum. Our primary goal is to support sustainable economic growth and prosperity in the Asia-Pacific region.

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HAIS Social Innovation Community - APEC

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  1. HAIS Social Innovation Community - APEC

  2. Today’s Agenda

  3. What is APEC?

  4. Mission 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.

  5. History • 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”.

  6. “Economies” Instead of “Countries” • Used since its inception • Want to focus on economics, not politics • The China/Hong Kong/Taiwan issue

  7. Who are the 21 Economies? • Australia • Brunei Darussalam • Canada • Chile • People's Republic of China • Hong Kong, China • Indonesia • Japan • Republic of Korea • Malaysia • Mexico • New Zealand • Papua New Guinea • Peru • The Republic of the Philippines • The Russian Federation • Singapore • Chinese Taipei (Taiwan) • Thailand • United States of America • Viet Nam

  8. HAWAII

  9. APEC’s Position in the World • The world’s largest economic forum • 40% of the world’s population • 44% of world trade • 53% of the world’s GDP • “Within five years, Asia’s economy is expected to be about 50 percent larger than it is today” - Obama • APEC economies receive 60% of all U.S. exports

  10. Continued… • 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.

  11. APEC’s 3 Pillars of Work • *** Trade and Investment Liberalization • Reduce and eventually eliminate tariff and non-tariff barriers to free trade • Business Facilitation • Reduce the cost, and improve the ease, of doing business • 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

  12. Other Areas APEC Has Been Interested In • 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

  13. How APEC is Different • 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

  14. APEC Organizational Chart Policy Level Working Level

  15. APEC 2010 - Japan • 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

  16. 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

  17. APEC 2011 – USA • “21 Economies for the 21st Century” • Introduction to APEC 2011 Video

  18. Confirmed Dates for APEC 2011 – USA

  19. AP Photo 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

  20. Hawaii Host Committee (as of August 2010)

  21. Economic Leaders Week – Honolulu • 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

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