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When APEC Leaders gathered in Bogor, Indonesia in 1994, they committed to achieve free and open trade and investment by 2010 for industrialized economies and by 2020 for developing economies. APEC members agreed to pursue this goal by further reducing barriers to trade and investment and by promoting the free flow of goods, services and capital.
These targets became known as the "Bogor Goals," an ambitious manifestation of APEC's common belief that free and open trade and investment are essential to realize the growth potential of the region and enhance economic and social outcomes for all APEC economies.
Assessment of Achievements of the Bogor Goals in 2010
In 2010, the target year for the industrialized economies to achieve the Bogor Goals, five industrialized economies, as well as eight volunteering developing economies, underwent a detailed assessment of progress made in free and open regional trade and investment under the Bogor Goals, which was conducted by APEC.
Based on the analyses of these efforts and achievements made by these thirteen economies, and taking into account the various developments of global circumstances, APEC Leaders concluded that while more work remains to be done, significant progress has been made toward achieving the Bogor Goals at their Meeting in Yokohama, Japan in 2010.
Report on Assessment of Achievements of the Bogor Goals
The detailed assessment of the achievement of Bogor Goals by the thirteen APEC economies (herein the "2010 economies") can be found in the "Report on Assessment of Achievements of the Bogor Goals."
Analysis contained in the report is drawn from several sources, including detailed factsheets submitted by the 2010 economies, as well as additional information provided by member economies.
Fact Sheets on Individual Economies' Trade and Investment Liberalization and Facilitation Efforts
|Australia||Download PDF - Fact sheets of Australia|
|Canada||Download PDF - Fact sheets of Canada|
|Japan||Download PDF - Fact sheets of Japan|
|New Zealand||Download PDF - Fact sheets of New Zealand|
|United States||Download PDF - Fact sheets of United States|
Developing economies (volunteered ahead of schedule to be part of the 2010 assessment)
The submission of the fact sheets above by the 2010 economies is considered to replace the submission of their IAP submission in 2010.
The reference materials are independent from the report and are not necessarily endorsed by the APEC member economies. The report draws data and analyses from independent reports by the following organizations:
|APEC Policy Support Unit (PSU)||Download PDF - PSU report|
|World Trade Organisation (WTO)||Download PDF - WTO report|
|Organisation for Economic Cooperation and Development (OECD)||Download PDF- OECD report|
|United Nations Commission for Trade and Development (UNCTAD)||Download PDF- UNCTAD report|
|World Bank||Download PDF- World Bank report|
|Asian Development Bank (ADB)||Download PDF- ADB report|
|Inter-American Development Bank (IDB)||Download PDF- IDB report|