asia apec

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Asia-Pacific Economic Cooperation(APEC) is a forum for 21 Pacific Rimmember economies

that promotes free tradethroughout the Asia-Pacificregion. It was established in 199 in

response to the growing interdependence of Asia-Pacific economies and the ad!ent of regional

trade blocsin other parts of the world" to fears that highl# industriali$ed%apan would come to

dominate economic acti!it# in the Asia-Pacific region" and to establish new mar&ets for

agricultural products and raw materials be#ond 'urope.2

An annual AP'* 'conomic +eaders, eeting is attended b# the heads of go!ernmentof all

AP'* members ecept /aiwan(which is represented b# a ministerial-le!el officialunder the

name *hinese /aipeias economic leader. /he location of the meeting rotates annuall# among the

member economies0 and a famous tradition0 followed for most (but not all) summits0 in!ol!es the

attending leaders dressing in a national costumeof the host countr#.

HISTORY

In %anuar# 1990 Australian Prime inisterob aw&ecalled for more effecti!e economiccooperation across the Pacific Rim region. /his led to the first meeting of AP'* in the

Australiancapital of *anberrain 3o!ember0 chaired b# Australian 4oreign Affairs inister

5areth '!ans. Attended b# ministers from twel!e countries0 the meeting concluded with

commitments for future annual meetings in6ingaporeand7orea.

*ountries of the Association of 6outheast Asian 3ations(A6'A3) opposed the initial proposal0

instead proposing the 'ast Asia 'conomic *aucuswhich would eclude non-Asian countries

such as the 8nited 6tates0 *anada0 Australia0 and3ew ealand. /his plan was opposed because

of the member countries in the America Region. and strongl# critici$ed b#%apanand the 8nited

6tates.

/he first AP'* 'conomic +eaders, eeting occurred in 199: when 8.6. Presidentill *linton0

after discussions with Australian Prime inisterPaul 7eating0 in!ited the heads of go!ernment

from member economies to a summit onla&e Island. e belie!ed it would help bring the

stalled 8rugua# Roundof trade tal&s bac& on trac&. At the meeting0 some leaders called for

continued reduction of barriers to trade and in!estment0 en!isioning a communit# in the Asia-

Pacific region that might promote prosperit# through cooperation. /he AP'* 6ecretariat0 based

in 6ingapore0 was established to coordinate the acti!ities of the organi$ation.

;uring the meeting in 199< in ogor0 Indonesia0 AP'* leaders adopted the ogor 5oals that

aim for free and open trade and in!estment in the Asia-Pacific b# 2=1= for industriali$ed

economies and b# 2=2= for de!eloping economies. In 199>0 AP'* established a business

ad!isor# bod# named the AP'* usiness Ad!isor# *ouncil (AA*)0 composed of three

business eecuti!es from each member econom#.
https://en.wikipedia.org/wiki/Pacific_Rimhttps://en.wikipedia.org/wiki/Pacific_Rimhttps://en.wikipedia.org/wiki/Free_tradehttps://en.wikipedia.org/wiki/Free_tradehttps://en.wikipedia.org/wiki/Asia-Pacifichttps://en.wikipedia.org/wiki/Trade_blochttps://en.wikipedia.org/wiki/Trade_blochttps://en.wikipedia.org/wiki/Developed_countryhttps://en.wikipedia.org/wiki/Developed_countryhttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-2https://en.wikipedia.org/wiki/Heads_of_governmenthttps://en.wikipedia.org/wiki/Taiwanhttps://en.wikipedia.org/wiki/List_of_Chinese_Taipei_Representatives_to_APEChttps://en.wikipedia.org/wiki/Chinese_Taipeihttps://en.wikipedia.org/wiki/Chinese_Taipeihttps://en.wikipedia.org/wiki/National_costumehttps://en.wikipedia.org/wiki/Prime_Minister_of_Australiahttps://en.wikipedia.org/wiki/Bob_Hawkehttps://en.wikipedia.org/wiki/Bob_Hawkehttps://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/Canberrahttps://en.wikipedia.org/wiki/Minister_for_Foreign_Affairs_(Australia)https://en.wikipedia.org/wiki/Gareth_Evans_(politician)https://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Koreahttps://en.wikipedia.org/wiki/Koreahttps://en.wikipedia.org/wiki/Association_of_Southeast_Asian_Nationshttps://en.wikipedia.org/wiki/Association_of_Southeast_Asian_Nationshttps://en.wikipedia.org/wiki/East_Asia_Economic_Caucushttps://en.wikipedia.org/wiki/United_Stateshttps://en.wikipedia.org/wiki/Canadahttps://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/President_of_the_United_Stateshttps://en.wikipedia.org/wiki/Bill_Clintonhttps://en.wikipedia.org/wiki/Paul_Keatinghttps://en.wikipedia.org/wiki/Paul_Keatinghttps://en.wikipedia.org/wiki/Heads_of_governmenthttps://en.wikipedia.org/wiki/Blake_Islandhttps://en.wikipedia.org/wiki/Blake_Islandhttps://en.wikipedia.org/wiki/Uruguay_Roundhttps://en.wikipedia.org/wiki/Uruguay_Roundhttps://en.wikipedia.org/wiki/Bogorhttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Free_tradehttps://en.wikipedia.org/wiki/Asia-Pacifichttps://en.wikipedia.org/wiki/Trade_blochttps://en.wikipedia.org/wiki/Developed_countryhttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-2https://en.wikipedia.org/wiki/Heads_of_governmenthttps://en.wikipedia.org/wiki/Taiwanhttps://en.wikipedia.org/wiki/List_of_Chinese_Taipei_Representatives_to_APEChttps://en.wikipedia.org/wiki/Chinese_Taipeihttps://en.wikipedia.org/wiki/National_costumehttps://en.wikipedia.org/wiki/Prime_Minister_of_Australiahttps://en.wikipedia.org/wiki/Bob_Hawkehttps://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/Canberrahttps://en.wikipedia.org/wiki/Minister_for_Foreign_Affairs_(Australia)https://en.wikipedia.org/wiki/Gareth_Evans_(politician)https://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Koreahttps://en.wikipedia.org/wiki/Association_of_Southeast_Asian_Nationshttps://en.wikipedia.org/wiki/East_Asia_Economic_Caucushttps://en.wikipedia.org/wiki/United_Stateshttps://en.wikipedia.org/wiki/Canadahttps://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/President_of_the_United_Stateshttps://en.wikipedia.org/wiki/Bill_Clintonhttps://en.wikipedia.org/wiki/Paul_Keatinghttps://en.wikipedia.org/wiki/Heads_of_governmenthttps://en.wikipedia.org/wiki/Blake_Islandhttps://en.wikipedia.org/wiki/Uruguay_Roundhttps://en.wikipedia.org/wiki/Bogorhttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Pacific_Rim


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In April 2==10 the AP'*0 in collaboration with fi!e other international organisations ('urostat0

I'A0 ?+A;'0 ?P'* and the 836;) launched the %oint ?il ;ata 'ercise0 which became

rapidl# the %oint ?rgani$ation ;ate.

''R6

AP'* currentl# has 21 members0 including most countries with a coastline on thePacific ?cean.

owe!er0 the criterion for membership is that the member is a separate economy0 rather than a

state. As a result0 AP'* uses the term member economiesrather than member countriesto refer

to its members. ?ne result of this criterion is that membership of the forum includes/aiwan

(officiall# the Republic of *hina0 participating under the name @*hinese /aipei@) alongside

People,s Republic of *hina(see *ross-6trait relations)0 as well as ong 7ong0 which entered

AP'* as a ritish colon# but it is now a 6pecial Administrati!e Region of the People,s Republic

of *hina. AP'* also includes three official obser!ers A6'A30 the Pacific Islands 4orumand

the Pacific 'conomic *ooperation *ouncil.

Member economy (name as used in APEC) Date of accession

Australia 3o!ember 199

runei ;arussalam 3o!ember 199

*anada 3o!ember 199

Indonesia 3o!ember 199

%apan 3o!ember 199

6outh 7orea 3o!ember 199

ala#sia 3o!ember 199

3ew ealand 3o!ember 199

Philippines 3o!ember 1996ingapore 3o!ember 199

/hailand 3o!ember 199

8nited 6tates 3o!ember 199

Republic of *hina(/aiwan) 3o!ember 1991

People,s Republic of *hina 3o!ember 1991

eico 3o!ember 199:

Papua 3ew 5uinea 3o!ember 199:

*hile 3o!ember 1990 but its bid was halted as the

organi$ation stopped accepting new members from 199: to 199D0 and the moratorium wasfurther prolonged to 2==F due to the 199F Asian 4inancial *risis. 5uamhas also been acti!el#

see&ing a separate membership0 citing the eample of ong 7ong0 but the reCuest is opposed b#the 8nited 6tates0 which currentl# represents 5uam.

Business Facilitation

AP'* has long been at the forefront of reform efforts in the area of business facilitation.

etween 2==2 and 2==D the costs of business transactions across the region was reduced b# DG0

than&s to the AP'* /rade 4acilitation Action Plan (/4API). etween 2==F and 2=1=0 AP'*hopes to achie!e an additional >G reduction in business transaction costs. /o this end0 a new

/rade 4acilitation Action Planhas been endorsed. According to a 2== research brief published

b# the Horld an&as part of its /rade *osts and 4acilitation ProEect0 increasing transparenc# in

the region,s trading s#stem is critical if AP'* is to meet its ogor 5oal targets.1F/he AP'*usiness /ra!el *ard0 a tra!el documentfor !isa-free business tra!el within the region is one of

the concrete measures to facilitate business. In a# 2=1= Russia Eoined the scheme0 thus

completing the circle.1

Proposed Free Trade Area of the Asia-Pacific
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AP'* first formall# started discussing the concept of a 4ree /rade Area of the Asia-Pacific

(4/AAP) at its summit in 2==D in anoi. owe!er0 the proposal for such an area has been

around since at least 19DD and %apanese economist 7i#oshi 7oEima(Ea),s proposal for a Pacific4ree /rade agreement proposal. Hhile it gained little traction0 the idea led to the formation of

Pacific /rade and ;e!elopment *onferenceand then thePacific 'conomic *ooperation *ouncil

in 19= and then AP'* in 199.

In the wa&e of the 2==D summit0 economist *. 4red ergsten ad!ocated a 4ree /rade Agreementof Asia-Pacific0 including the 8nited 6tates amongst the proposed parties to an# agreement at

that time.19is ideas con!inced the AP'* usiness Ad!isor# *ouncil to support this concept.

Relatedl#0 A6'A3and eistingfree trade agreement(4/A) partners are negotiating as Regional*omprehensi!e 'conomic Partnership(R*'P)0 not officiall# including Russia.2=/he /rans-

Pacific Partnership(/PP) without *hina or Russia in!ol!ed has become the 86-promoted trade

negotiation in the region. Hith the AP'* summit in eiEing in 2=1/he de!elopment of the 4/AAP is epected to ta&e man# #ears0

in!ol!ing essential studies0 e!aluations and negotiations between member economies. 2:It is also

affected b# the absence of political will and popular agitations and lobb#ing against free trade in

domestic politics.2:2F

At the 2=1< AP'* summit in eiEing0 AP'* leaders agreed to launch @a collecti!e strategic

stud#@ on the 4/AAP and instruct officials to underta&e the stud#0 consult sta&eholders and

report the result b# the end of 2=1D.2AP'* 'ecuti!e ;irector Alan ollard re!ealed in the

'lite /al& show that 4/AAP will be AP'*,s big goal out into the future.

APEC Leaders Family P!oto

At the end of the AP'* 'conomic +eaders, eeting0 the leaders in attendance gather for what isofficiall# &nown as the AP'* +eaders, 4amil# Photo. A long-standing tradition for this photo

in!ol!ed the attending leaders dressing in a costume that reflects the culture of the host member.

/he tradition dates bac& to the first such meeting in 199: when then-8.6. Presidentill *linton
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outfitted the leaders in leatherbombardier Eac&ets. owe!er0 at the 2=1= meeting0 %apan opted to

ha!e the leaders dress in smart casual rather than the traditional&imono. 27th November 1819 Philippines anila 12

2=1D 28th November 2016 Peru +ima
https://en.wikipedia.org/wiki/Flight_jackethttps://en.wikipedia.org/wiki/Kimonohttps://en.wikipedia.org/wiki/Kimonohttps://en.wikipedia.org/wiki/Kimonohttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-no_kimono-47https://en.wikipedia.org/wiki/Barack_Obamahttps://en.wikipedia.org/wiki/Barack_Obamahttps://en.wikipedia.org/wiki/Aloha_shirthttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-no_aloha_shirts-48https://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-no_aloha_shirts-48https://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-no_aloha_shirts-48https://en.wikipedia.org/wiki/APEC_Australia_1989https://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/Canberrahttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/Seoulhttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Bangkokhttps://en.wikipedia.org/wiki/United_Stateshttps://en.wikipedia.org/wiki/Seattlehttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Bogorhttps://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/Osakahttps://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/Subic,_Zambaleshttps://en.wikipedia.org/wiki/APEC_Canada_1997https://en.wikipedia.org/wiki/Canadahttps://en.wikipedia.org/wiki/Vancouverhttps://en.wikipedia.org/wiki/Malaysiahttps://en.wikipedia.org/wiki/Kuala_Lumpurhttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/Aucklandhttps://en.wikipedia.org/wiki/Bruneihttps://en.wikipedia.org/wiki/Bandar_Seri_Begawanhttp://www.apec2000.gov.bn/https://en.wikipedia.org/wiki/Chinahttps://en.wikipedia.org/wiki/Shanghaihttps://en.wikipedia.org/wiki/Mexicohttps://en.wikipedia.org/wiki/Los_Caboshttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Bangkokhttps://en.wikipedia.org/wiki/Chilehttps://en.wikipedia.org/wiki/Santiagohttp://www.apec2004.cl/https://en.wikipedia.org/wiki/APEC_South_Korea_2005https://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/Busanhttps://en.wikipedia.org/wiki/APEC_Vietnam_2006https://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Hanoihttp://www.apec2006.vn/https://en.wikipedia.org/wiki/APEC_Australia_2007https://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/Sydneyhttp://www.apec2007.org/https://en.wikipedia.org/wiki/APEC_Peru_2008https://en.wikipedia.org/wiki/Peruhttps://en.wikipedia.org/wiki/Limahttp://www.apec2008.org.pe/https://en.wikipedia.org/wiki/APEC_Singapore_2009https://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Singaporehttp://www.apec2009.sg/https://en.wikipedia.org/wiki/APEC_Japan_2010https://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/Yokohamahttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-49https://en.wikipedia.org/wiki/APEC_United_States_2011https://en.wikipedia.org/wiki/United_Stateshttps://en.wikipedia.org/wiki/Honoluluhttp://www.apec2011.gov/https://en.wikipedia.org/wiki/APEC_Russia_2012https://en.wikipedia.org/wiki/Russiahttps://en.wikipedia.org/wiki/Vladivostokhttp://www.apec2012.ru/https://en.wikipedia.org/wiki/APEC_Indonesia_2013https://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Balihttp://www.apec2013.or.id/https://en.wikipedia.org/wiki/APEC_China_2014https://en.wikipedia.org/wiki/Chinahttps://en.wikipedia.org/wiki/Beijinghttp://www.apec-china.org.cn/https://en.wikipedia.org/wiki/APEC_Philippines_2015https://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/Metro_Manilahttp://apec2015.ph/https://en.wikipedia.org/w/index.php?title=APEC_Peru_2016&action=edit&redlink=1https://en.wikipedia.org/wiki/Peruhttps://en.wikipedia.org/wiki/Limahttps://en.wikipedia.org/wiki/Flight_jackethttps://en.wikipedia.org/wiki/Kimonohttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-no_kimono-47https://en.wikipedia.org/wiki/Barack_Obamahttps://en.wikipedia.org/wiki/Barack_Obamahttps://en.wikipedia.org/wiki/Aloha_shirthttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-no_aloha_shirts-48https://en.wikipedia.org/wiki/APEC_Australia_1989https://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/Canberrahttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/Seoulhttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Bangkokhttps://en.wikipedia.org/wiki/United_Stateshttps://en.wikipedia.org/wiki/Seattlehttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Bogorhttps://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/Osakahttps://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/Subic,_Zambaleshttps://en.wikipedia.org/wiki/APEC_Canada_1997https://en.wikipedia.org/wiki/Canadahttps://en.wikipedia.org/wiki/Vancouverhttps://en.wikipedia.org/wiki/Malaysiahttps://en.wikipedia.org/wiki/Kuala_Lumpurhttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/Aucklandhttps://en.wikipedia.org/wiki/Bruneihttps://en.wikipedia.org/wiki/Bandar_Seri_Begawanhttp://www.apec2000.gov.bn/https://en.wikipedia.org/wiki/Chinahttps://en.wikipedia.org/wiki/Shanghaihttps://en.wikipedia.org/wiki/Mexicohttps://en.wikipedia.org/wiki/Los_Caboshttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Bangkokhttps://en.wikipedia.org/wiki/Chilehttps://en.wikipedia.org/wiki/Santiagohttp://www.apec2004.cl/https://en.wikipedia.org/wiki/APEC_South_Korea_2005https://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/Busanhttps://en.wikipedia.org/wiki/APEC_Vietnam_2006https://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Hanoihttp://www.apec2006.vn/https://en.wikipedia.org/wiki/APEC_Australia_2007https://en.wikipedia.org/wiki/Australiahttps://en.wikipedia.org/wiki/Sydneyhttp://www.apec2007.org/https://en.wikipedia.org/wiki/APEC_Peru_2008https://en.wikipedia.org/wiki/Peruhttps://en.wikipedia.org/wiki/Limahttp://www.apec2008.org.pe/https://en.wikipedia.org/wiki/APEC_Singapore_2009https://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Singaporehttp://www.apec2009.sg/https://en.wikipedia.org/wiki/APEC_Japan_2010https://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/Yokohamahttps://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation#cite_note-49https://en.wikipedia.org/wiki/APEC_United_States_2011https://en.wikipedia.org/wiki/United_Stateshttps://en.wikipedia.org/wiki/Honoluluhttp://www.apec2011.gov/https://en.wikipedia.org/wiki/APEC_Russia_2012https://en.wikipedia.org/wiki/Russiahttps://en.wikipedia.org/wiki/Vladivostokhttp://www.apec2012.ru/https://en.wikipedia.org/wiki/APEC_Indonesia_2013https://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Balihttp://www.apec2013.or.id/https://en.wikipedia.org/wiki/APEC_China_2014https://en.wikipedia.org/wiki/Chinahttps://en.wikipedia.org/wiki/Beijinghttp://www.apec-china.org.cn/https://en.wikipedia.org/wiki/APEC_Philippines_2015https://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/Metro_Manilahttp://apec2015.ph/https://en.wikipedia.org/w/index.php?title=APEC_Peru_2016&action=edit&redlink=1https://en.wikipedia.org/wiki/Peruhttps://en.wikipedia.org/wiki/Lima


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"ear # Dates Country City $eb site

2=1F 29th TBA Bietnam ;a 3ang

2=1 :=th TBA Papua 3ew 5uinea /A

2=19 :1st TBA *hile /A

2=2= :2nd TBA *anada /A

2=21 ::rd TBA 3ew ealand /A

2=22 : theme should be reali$ed b# achie!ing medium term to

long-term results.

Acti!ities were also conducted to gather information0 facilitate the echange of opinions0

engender support0 and formulate polic# initiati!es and recommendations. 6pecificall#0

consultations were held in!ol!ing go!ernment agencies0 pri!ate sector and AP'* 6enior

?fficials to assess the le!el of comfort on the priorities and gather support for these priorities.4urther0 research studies were done in collaboration with the academe and thin& tan&s to

substantiate identified priorities and produce polic# recommendations. Hor&shops were also

organi$ed with host agencies0 including pri!ate sector0 for the purpose of defining the elementsof !arious high le!el meetings in 2=1>.

$!at is t!e t!eme of APEC *%=

8nder the PhilippinesM leadership0 the o!erall subEect of AP'* 2=1> is the promotion and

ad!ancement of inclusi!e growth in the Asia-Pacific region0 hence the AP'* 2=1> theme0Nuilding Inclusi!e 'conomies0 uilding a etter Horld.O Accordingl#0 inclusi!e growth can be

defined0 described0 and anal#$ed in three stages Kdomesticnational0 regional0 and macro le!els.

At the domesticnational le!el0 the inclusi!e growth strateg# of the Philippines is based

on creating emplo#ment opportunities and Eobs0 in!ol!ing and integrating the maEorit# of
https://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Da_Nanghttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Papua_New_Guineahttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Chilehttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Canadahttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/TBAhttp://apec2015.ph/apec-2015-filipino/https://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Da_Nanghttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Papua_New_Guineahttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Chilehttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Canadahttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/TBAhttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/TBAhttp://apec2015.ph/apec-2015-filipino/


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the population in the economic and social mainstream0 and alle!iating po!ert# through

good go!ernance and domestic reform.

At the regional le!el0 the inclusi!e growth strateg# of the AP'* region is focused on

epanding access to opportunities and enabling people to reali$e their full potential which

will result in more producti!e emplo#ment opportunities0 d#namic economic growth0 andgreater well-being.

At the macro le!el0 the inclusi!e growth traEector# of the AP'* region is centered on

bridging the gap between de!eloping and de!eloped AP'* economies for the purpose ofmaimi$ing the benefits of a freer and more open trade and in!estment regime for each

and e!er# member econom#.

$!at are t!e APEC *% priorities of t!e P!ilippines as !ost Economy=

In AP'* 2=1>0 the Philippines as ost 'conom# shall see& to mainstream and pursue its

priorities into the agenda and economic polic# thrusts of the member economies in the Asia-Pacific region. 6pecificall#0 the priorities were identified as follows

In!esting in uman *apital ;e!elopment"

4ostering 6mall and edium 'nterprisesM (6's) Participation in Regional and 5lobal

ar&ets"

uilding 6ustainable and Resilient *ommunities" and

'nhancing the Regional 'conomic Integration Agenda.

$!at is t!e rele>ance of eac! priority to t!e Asia-Pacific region=

'ach priorit# has substantial and uniCue significance to the member economies of the Asia-Pacific region. /he priorities are then complemented with sub-priorities that would support their

reali$ation and ser!e as building bloc&s for the fulfillment of the o!erarching obEecti!e of AP'*

2=1> K inclusi!e growth. /he implications brought b# these priorities ma# ha!e !ar#ing degreesof importance #et otherwise pro!e to be inter-related and interwo!en in nature.

347E6/345 34 ;2MA4 CAP3/AL DE7EL8PME4/

uman resources pla# a !ital role in the attainment of the obEecti!es of member economies0

namel# K enhanced Eob generation0 impro!ed producti!e emplo#ment opportunities0 and greater

economic growth. As such0 human capital de!elopment will be promoted through discussions oneducation0 inno!ation0 and capacit#-building that would substantiall# affect the future of growth

and stimulate the growth of the future. /he identified sub-priorities are

Promoting &nowledge-based economies"


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Promoting science Q technolog# education and inno!ation in AP'*"

;e!eloping Eob s&ills needed b# AP'* business in the 21st centur#" and

Internationali$ation of educationcross-border education to de!elop AP'*-wide s&ills.

F86/E:345 6MEs0 PA:/3C3PA/384 34 :E5384AL A4D 5L8BAL MA:?E/6

6mall and edium 'nterprises (6's) are estimated to account for more than 9F percent of all

businesses (99.D percent in the Philippines) and emplo# o!er half of the wor&force across AP'*economies.1 Ac&nowledging the significant contribution of businesses to Eob creation and

economic growth0 increased emphasis will be placed on the goal of integrating and

internationali$ation of 6's including their participation in global !alue chains (5B*s). /hesub-priorities are the following

Remo!ing barriers to 6's0 including entr# to mar&ets"

Promoting inclusi!e growth through sustainable and resilient 6's" and

Ad!ocating moderni$ation and standard conformance among 6's.

B23LD345 626/A34ABLE A4D :E63L3E4/ C8MM243/3E6

/he changing global en!ironment0 along with natural and man-made disasters0 has brought

tremendous +oss and ;amage (+Q;) and disruptions to the interlin&ed suppl# and demand sides

of the Asia-Pacific trade. oreo!er0 disasters and disaster-related e!ents negati!el# impact theimage of member economies as stable0 worthwhile in!estment destinations. 6trengthened efforts

will thus be focused on the resilience and sustainabilit# of AP'* business and communities

affected b# energ# and food securit#. Increased attention will also be gi!en to the preser!ation ofocean ecos#stems and marine resources due to their critical importance for the lue 'conom#-

oriented member economies. /he sub-priorities are

*reating and promoting ris& reduction and management in AP'* economies"

uilding resilient infrastructure"

4ostering business continuit#"

uilding 6'sM resilience to disaster"

'nhancing food securit# and the lue 'conom# in the AP'* region" and

Promoting coastal management and marine conser!ation.

E4;A4C345 /;E :E5384AL EC848M3C 34/E5:A/384 A5E4DA


9/15

*urrentl#0 there are an estimated 0 the Philippines is epected to support and continuousl# wor&

on the regional economic integration (R'I) agenda with special focus on trade in ser!ices0 whichamounts to almost half of AP'* economiesM 5;P. /he sub-priorities were identified as

6trengthening regional economic integration through the ogor 5oals


10/15

Canada

Prime inisterustin /rudeau

C!ile

PresidentMic!elle Bac!elet

C!ina

Presidenti inping

/ai


11/15

;ong ?ong

*hief 'ecuti!eC" Leung

3ndonesia

Presidento@o $idodo

apan

Prime inister6!in Abe

Malaysia

Prime inister4aib :aa@
https://en.wikipedia.org/wiki/Hong_Konghttps://en.wikipedia.org/wiki/Chief_Executive_of_Hong_Konghttps://en.wikipedia.org/wiki/CY_Leunghttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Presidenthttps://en.wikipedia.org/wiki/Joko_Widodohttps://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/Prime_Minister_of_Japanhttps://en.wikipedia.org/wiki/Shinz%C5%8D_Abehttps://en.wikipedia.org/wiki/Shinz%C5%8D_Abehttps://en.wikipedia.org/wiki/Malaysiahttps://en.wikipedia.org/wiki/Prime_Minister_of_Malaysiahttps://en.wikipedia.org/wiki/Najib_Razakhttps://en.wikipedia.org/wiki/Najib_Razakhttps://en.wikipedia.org/wiki/Hong_Konghttps://en.wikipedia.org/wiki/Chief_Executive_of_Hong_Konghttps://en.wikipedia.org/wiki/CY_Leunghttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Presidenthttps://en.wikipedia.org/wiki/Joko_Widodohttps://en.wikipedia.org/wiki/Japanhttps://en.wikipedia.org/wiki/Prime_Minister_of_Japanhttps://en.wikipedia.org/wiki/Shinz%C5%8D_Abehttps://en.wikipedia.org/wiki/Malaysiahttps://en.wikipedia.org/wiki/Prime_Minister_of_Malaysiahttps://en.wikipedia.org/wiki/Najib_Razak


12/15

Meico

PresidentEnriGue PeHa 4ieto

4e< Iealand

Prime inistero!n ?ey

Papua 4e< 5uinea

Prime inisterPeter 84eill

Peru

President8llanta ;umala

P!ilippines

PresidentBenigno 6J AGuino 333
https://en.wikipedia.org/wiki/Mexicohttps://en.wikipedia.org/wiki/President_of_Mexicohttps://en.wikipedia.org/wiki/Enrique_Pe%C3%B1a_Nietohttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/Prime_Minister_of_New_Zealandhttps://en.wikipedia.org/wiki/John_Keyhttps://en.wikipedia.org/wiki/John_Keyhttps://en.wikipedia.org/wiki/Papua_New_Guineahttps://en.wikipedia.org/wiki/Prime_Minister_of_Papua_New_Guineahttps://en.wikipedia.org/wiki/Peter_O'Neillhttps://en.wikipedia.org/wiki/Peter_O'Neillhttps://en.wikipedia.org/wiki/Peruhttps://en.wikipedia.org/wiki/President_of_Peruhttps://en.wikipedia.org/wiki/Ollanta_Humalahttps://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/President_of_the_Philippineshttps://en.wikipedia.org/wiki/Benigno_Aquino_IIIhttps://en.wikipedia.org/wiki/Mexicohttps://en.wikipedia.org/wiki/President_of_Mexicohttps://en.wikipedia.org/wiki/Enrique_Pe%C3%B1a_Nietohttps://en.wikipedia.org/wiki/New_Zealandhttps://en.wikipedia.org/wiki/Prime_Minister_of_New_Zealandhttps://en.wikipedia.org/wiki/John_Keyhttps://en.wikipedia.org/wiki/Papua_New_Guineahttps://en.wikipedia.org/wiki/Prime_Minister_of_Papua_New_Guineahttps://en.wikipedia.org/wiki/Peter_O'Neillhttps://en.wikipedia.org/wiki/Peruhttps://en.wikipedia.org/wiki/President_of_Peruhttps://en.wikipedia.org/wiki/Ollanta_Humalahttps://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/President_of_the_Philippineshttps://en.wikipedia.org/wiki/Benigno_Aquino_III


13/15

:ussia

President7ladimir Putin

6ingapore

Prime inisterLee ;sien Loong

6out! ?orea

PresidentPar@ 5eun-!ye

/!ailand

Prime inisterPrayut! C!an-oc!a
https://en.wikipedia.org/wiki/Russiahttps://en.wikipedia.org/wiki/President_of_Russiahttps://en.wikipedia.org/wiki/Vladimir_Putinhttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Prime_Minister_of_Singaporehttps://en.wikipedia.org/wiki/Lee_Hsien_Loonghttps://en.wikipedia.org/wiki/Lee_Hsien_Loonghttps://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/President_of_South_Koreahttps://en.wikipedia.org/wiki/Park_Geun-hyehttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Prime_Minister_of_Thailandhttps://en.wikipedia.org/wiki/Prayuth_Chan-ochahttps://en.wikipedia.org/wiki/Prayuth_Chan-ochahttps://en.wikipedia.org/wiki/Russiahttps://en.wikipedia.org/wiki/President_of_Russiahttps://en.wikipedia.org/wiki/Vladimir_Putinhttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Prime_Minister_of_Singaporehttps://en.wikipedia.org/wiki/Lee_Hsien_Loonghttps://en.wikipedia.org/wiki/South_Koreahttps://en.wikipedia.org/wiki/President_of_South_Koreahttps://en.wikipedia.org/wiki/Park_Geun-hyehttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Prime_Minister_of_Thailandhttps://en.wikipedia.org/wiki/Prayuth_Chan-ocha


14/15

2nited 6tates

PresidentBarac@ 8bama

7ietnam

President/rK

/he AsiaEurope Meeting(A6EM) was officiall# established in 199D at the first summit in

ang&o&0/hailand0 as an eclusi!el# Asian-'uropean forum to enhance relations and !arious

forms of co-operation between the then 12 members of the'uropean 8nion('8) and its*ommission0 the 1= members of the Association of 6outheast Asian 3ations(A6'A3)0 and the

indi!idual countries of *hina0%apan0 and 6outh 7orea.1A series of enlargements saw additional'8 members Eoin as well as India0 ongolia0Pa&istan0and the A6'A3 6ecretariatin 2==0citationneededAustralia03ew ealandand the Russian 4ederationin 2=1=02angladesh03orwa#0 and

6wit$erlandin 2=120:*roatiaand7a$a&hstanin 2=1


15/15

4oreign inisters as well as political0 economic0 and socio-cultural meetings and e!ents at

!arious le!els.

Documents

asia apec