APEC will focus on taking concrete measures to address challenges facing the global economy as its sub-fora and Senior Officials meet for the first time in 2012.
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.
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