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APEC Priorities in 2010

Singapore | 16 May 2010
Singapore, 17 May 2010 - "Change and Action" is the theme for APEC 2010. It stems from the idea that - during this period of significant change in the global political and economic order - APEC should build upon its past successes to propose necessary "changes" and execute concrete "actions" to ensure that it will continue to play an important and relevant role in the 21st Century.
Bogor Goals
Throughout the course of 2010, APEC will assess the progress toward achieving the Bogor Goals for Trade and Investment Liberalisation and Facilitation made by the industrialised APEC economies, as well as several developing economies who have volunteered for early assessment.
2010 Agenda
2010 is both the target year for the APEC industrialised economies to achieve the Bogor Goals as well as a major milestone. It is time for APEC to consider its future direction for post-Bogor Goals regional economic integration.
In the context of ongoing global structural changes, including recovery from the recent economic and financial crisis, the Asia-Pacific region must develop a vision for greater integration and stable, post-economic crisis growth.
APEC will focus its efforts on the following areas in 2010:
1) Promoting regional economic integration, including by assessing the 2010 economies' achievement of the Bogor Goals and discussions on possible pathways to a FTAAP (Free Trade Area of the Asia-Pacific);
2) Formulating a growth strategy for the Asia-Pacific Region that incorporates balanced, inclusive, sustainable, and knowledge-based growth;
3) Enhancing human security through efforts such as counter-terrorism measures, promoting food security, emergency preparedness, and countering the spread of infectious disease; and
4) Strengthening APEC's capacity to advance these agenda items, including through economic and technical cooperation.

 

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