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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.


Site Contents for:
Export Trade Barriers

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









Click on country for info on: Population, Growth Rate, Land Mass, Language, Literacy rate, Trade Imports, Ethnic Composition, etc. APEC  members consist of:
Australia Brunei Canada Chile China
Hong Kong Indonesia Japan Mexico 
South Korea Malaysia New Zealand
Papua New Guinea Russia Peru Philippines
Singapore Taiwan Thailand USA Vietnam

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.


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.





Making it Easier to do Business

APEC launched its Ease of Doing Business Action Plan in 2009, with the goal of making it cheaper, easier and faster to do business in the region and by 2013 member economies improved the ease of doing business in the Asia-Pacific by 11.3 per cent across all areas of the initiative, including starting a business, getting credit or applying for permits.

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 has improved logistics and transport networks to enable component parts and final goods to travel across multiple borders, contributing to a more efficient regional supply chain.

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.

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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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Site Contents for:
Export Trade Barriers


Site Contents for:
Secrets of
International Trade


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