APEC Policy Priorities

 

Since its inception, APEC has worked to reduce tariffs and other trade barriers across the Asia-Pacific region, creating efficient domestic economies and dramatically increasing exports. Key to achieving APEC's vision are the 'Bogor Goals' – of free and open trade and investment in the Asia-Pacific, by 2010 for industrialised economies, and 2020 for developing economies. These goals were adopted by Leaders at their 1994 meeting in Bogor, Indonesia.

The belief that free and open trade and investment helps economies to grow, creates jobs and provides greater opportunities for international trade and investment, underpins the policy priorities of APEC’s work.  APEC also works to create an environment for the safe and efficient movement of goods, services and people across borders in the region through policy alignment and economic and technical cooperation.

 

Priorities for Indonesia APEC 2013 - “Resilient Asia-Pacific, Engine of Global Growth”

Senior officials of Indonesia speak at a iSOM meeting in Jakarta


During an informal preparatory meeting of APEC Senior Officials in Jakarta in early December 2012, Indonesia emphasizes the importance of Asia Pacific region to serve as an engine for balanced, sustainable growth with equity. APEC member economies must maintain the momentum of free and open trade and investment, to which our Leaders committed themselves when they endorsed the Bogor Goals in 1994. Indonesia also emphasises on  the importance of enhancing small and medium enterprises; assisting rural populations with means for development; and achieving greater recognition of the role of women in all endeavours, including development efforts. Furthermore, economic growth is inclusive, with an eye to equity and social justice-- by empowering and tapping the creativity of our peoples; and sustainable, one that is consistent with our environmental concern.

raising sustainability and the pace of future common development in the Asia Pacific region by addressing specific concerns over challenges of global economic slowdown and uncertainty in the financial sector.

As APEC host in 2013, Indonesia proposes three key priorities under the broad theme of “Resilient Asia-Pacific, Engine of Global Growth”,

  • Pressing forward on Bogor Goals – “free and open trade and investment” by 2020

  • Sustainable growth with equity

  • Connectivity


These priorities are also intended to embrace a number of APEC ongoing, long-term priorities, which include:

  • Capital Market development

  • Food Security, including marine resources, traceability and cutting food wastey

  • Cutting costs out of the supply chain

  • APEC Travel Initiative

  • Liberalising services trade

  • Regional skills shortages



Source: APEC.


------------------------------------------------------------------------------------------------------------------------------------------------------


Previous APEC Theme and Policy Priorities


APEC Host Economies

Theme and Policy Priorities

Japan 2010

“Change and Actions”

  • Regional Economic Integration

  • New Growth Strategy

  • Human Security/Secure APEC

USA 2011

“Toward a Seamless Regional Economy”

  • Strengthening Regional Economic Integration and Expanding Trade;

  • Promoting Green Growth; and

  • Expanding Regulatory Cooperation and Advancing Regulatory Convergence

Russia 2012

Integrate to Grow, Innovate to Prosper”

  • Liberalizing trade and investment and Expanding Regional economic integration

  • Strengthening Food Security;

  • Establishing Reliable Supply Chains; and

  • Fostering Innovative Growth.

Indonesia 2013

"Resilient Asia-Pacific, Engine of Global Growth"

  • Attaining the Bogor Goals

  • Sustainable growth with equity

  • Connectivity


--------------------------------------------------------------------------------------------------------------------------------------------------------

 

Learn more about ...