The Group on Services (GOS) was established by the Committee on Trade and Investment (CTI) in 1997 to address trade and investment liberalization and facilitation tasks in the area of services, as mandated in the Osaka Action Agenda and instructed by APEC Leaders, Ministers and Senior Officials.
Last page update: February 2022
APEC Services Competitiveness Roadmap (ASCR)
- In the APEC Services Cooperation Framework , Leaders committed to “develop a strategic and long-term APEC Services Competitiveness Roadmap in 2016 with the adoption of a concerted set of actions and mutually agreed targets to be achieved by 2025.” The roadmap was one of the main deliverables of APEC for 2016 and was adopted by Leaders at the APEC Economic Leaders’ Meeting (AELM) in November that year.
- The key objective of the roadmap is to enable concrete action towards agreed targets both at the economy and regional level to promote growth and job creation across APEC economies. The ASCR focuses on enhancing the competitiveness of the services sector by:
- Promoting good regulatory practices, international regulatory cooperation and sound competition policy frameworks and institutions;
- Ensuring more open services markets;
- Ensuring an adequate supply of skills in a rapidly changing economy;
- Facilitating effective and inclusive financial markets.
- Through the APEC Services Competitiveness Roadmap Implementation Plan (2016-2025) relevant APEC fora implement 19 APEC-wide actions to improve the competitiveness of the services sector. Each APEC-wide action includes a plan for implementation and measurable targets.
- GOS is responsible for monitoring progress under each APEC-wide initiative under the Roadmap to inform of progress to Senior Officials and Ministers.
- A Mid-term Review of the ASCR was carried out by the PSU in 2021 to ensure that APEC-wide and individual actions are in place to complete achievement of the objectives of the Roadmap by 2025. In addition, a Summary Report of the APEC Services Competitiveness Roadmap Mid-Term Review was welcomed by Ministers at the 2021 APEC Ministerial Meeting.
Final Push in Services
- In 2019, the Final Push in Services to achieve the unfinished business of the Bogor Goals was launched to pursue work in five specific areas, led by Champion Economies:
- Domestic services regulation: United States
- Support towards the development of an APEC Index for Measuring the Regulatory Environment in Services Trade in APEC: Canada
- Facilitating talent mobility through the recognition of qualifications and skills: Australia
- Environmental services: New Zealand
- Manufacturing-related Services: Malaysia.
- The Champion Economies help coordinate work in the area and report on progress on how the focus area is contributing to the Final Push in Services. The corresponding initiatives are also aligned with the APEC-wide actions of the APEC Services Competitiveness Roadmap (ASCR).
Pilot Program for the development of an APEC Index to measure the regulatory environment of services trade in the APEC region.
A pilot program was implemented in collaboration with the Organization for Economic Cooperation and Development (OECD) to develop an index to measure the regulatory environment in services in the APEC region. Four sectors from four volunteer economies were focused: Distribution; Computer Services; Telecommunications; and Logistics-Storage Warehousing.
A Technical Group led by Korea assisted with the implementation of the pilot program with a view to develop an APEC Index to measure the regulatory environment of services trade in the region. The pilot program concluded in 2020 and a dedicated website was created for this purpose. As of 2022, Canada will be leading this work stream to expand the scope of services sectors and economies covered in the pilot APEC Index.
Major APEC publications on services are available here