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APEC Asia-Pacific Economic Cooperation This huge regional trade group brings together political leaders and CEO's from 21 nations that account for 57% of the world's economic GDP, 47% of world trade and home to 2.8 billion people.
Members of APEC, are well diverse, ranging from economic giants such as the U.S. and Japan to tiny nations such as Brunei, Papua New Guinea. APEC economies are also geographically far stretching from Canada, Russia Arctic to the southern tip of South America, The Gobi Desert to New York. The one factor for the 21 economies have in common is that part of their land mass borders the Pacific Rim. |
Page 1/11 Tariff Barriers and Non-tariff barriers Page 2/11 - About Tariff Lists, Dutiable Value and Anti Dumping Duties Page 3/11 Countervailing Duties, "...substantial additional charge on export is the consular fee required..." Customs Nomenclature Page 4/11 Free Trade Zone, Bonded Warehouses GATT now known as WTO Page 5/11 European Directive and CE marking requirement Page 6/11 Trading Blocks, common tariff barrier & European Economic Community |
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Click on country for info on: Population, Growth Rate, Land Mass, Language, Literacy rate, Trade Imports, Ethnic Composition, etc. APEC members consist of:
APEC was founded in 1989 after the second leaders' summit at Bogor, Indonesia in 1994 which set a bold target: To remove all barriers to free trade by 2010 for developed countries and 2020 for the rest. APEC's progress since has achieved much in the past 10 years. It has become a major force for economic reform, having put in place far-reaching programs for trade liberalization, removal of unnecessary business cost and red tape, and economic cooperation between members. In 1994, APEC Leaders committed to achieving the ‘Bogor Goals’ of free and open trade and investment by 2020 through reducing trade barriers in the region and promoting the free flow of goods, services and capital among APEC economies. Since then, members have made measurable progress in achieving these goals. APEC’s Trade Facilitation Action Plan which includes streamlining customs procedures reached its target of region-wide reduction in costs at the border by 5 per cent between 2004 and 2006. A further 5 per cent decrease was achieved between 2007 and 2010, which saved businesses in the Asia-Pacific a total of USD 58.7 billion. APEC agenda has broadened its focus to address behind-the-border barriers such as improving regulatory practices and the local business climate. |
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Page 7/11 ASEM Members, APEC -Asia Pacific Economic Cooperation, AABF Africa-Asia Business Forum CHOGM Page 8/11 Exchange control and 'import quotas' together with 'tariffs' are the main form of protectionism Page 9/11 Voluntary restrain & Custom delays - France, once required Japanese video players be cleared through a tiny Customs office with horrendous delays. <<This Page 10/11 APEC Asia-Pacific Economic Cooperation - This huge regional trade group from 21 nations accounts for more than half of the world's economic output and 42% of its population. Page 11/11 The ASEAN Economic Community represents a huge market with a combined population of one 600 million people. |
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APEC has speed up the time it takes for a company to build a new factory or office building. Today, construction permits are issued at a faster pace, dropping 18.7 per cent from 169 days to 134 days in the last four years with APEC topping the charts globally for the shortest permit time. Starting a company in the Asia-Pacific is now easier with the number of procedures falling by 20.2 per cent since 2009.
APEC Supply Chain Connectivity APEC is addressing eight 'chokepoints' from regulatory impediments to customs procedures and infrastructure bottlenecks with the goal of an APEC-wide 10 per cent improvement in supply chain performance by 2015. APEC has made progress towards achieving the lead time to import goods dropped by an average 25 per cent while lead time to export fell by 21 per cent in the region by 2013, according to an APEC Policy Support Unit assessment. Click here http://www.apec.org/ for more information
Next page 11/11
The ASEAN Economic Community
represents a
huge market with a combined population of one 600 million people.
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