With Russia as chair this year, APEC is focusing on liberalizing trade and investment and expanding regional economic integration, strengthening food security, establishing reliable supply chains; and fostering innovative growth.
“Today, we've got an opportunity to make progress towards our ultimate goal, which is a seamless regional economy,” said US President Barack Obama, at the start of the APEC Economic Leaders' meeting.
Setting a de minimis threshold of US$100 could amount to cost savings of US$19.8 billion per year in the APEC region, according to a recent study.
APEC is tackling economic and environmental challenges through its green growth agenda – a key focus in 2011.
APEC is bolstering regulatory cooperation and reform to increase productivity and create jobs, while protecting public health, safety and the environment
A Trans-Pacific Partnership agreement would bring together a significant number of APEC economies under a single free trade agreement. New research looks at how APEC and TPP could be mutually useful in achieving their own aims.
Research Outcomes: Summary of Research Projects 2008-2011 APEC’s Achievements in Trade Facilitation 2007-2010 Key Trends and Developments Relating to Trade and Investment Measures and Their Impact on the APEC Region