Experts ask: How far have APEC economies come in achieving free trade?
Similar exercises are conducted on a rotating basis as economies review and scrutinize the Individual Action Plans (IAPs) of their counterparts. IAPs outline progress made toward achieving the goals set out in the Bogor Declaration of 1994. This declaration established a target of free trade and investment in the Asia-Pacific region by 2010 for developed economies and 2020 for developing economies; and these goals were adopted by all APEC economies.
To ensure consistent progress, the studies are conducted by independent review teams who also consider reports issued by the World Trade Organisation and studies published by experts who have also assessed the economies in question. During the Peer Review session, findings and analysis are discussed openly among members and subsequently made available to the public.
Summaries of the four most recent IAP Peer Reviews conducted and cited here will be made available at the close of each peer review, respectively:
Complete reports will be made available on 19 July 2009 at:
News photos will be available on the APEC website on the conclusion of respective peer reviews:
For more information, contact:
Carolyn Williams at firstname.lastname@example.org or at (65) 9617 7316
Anita Douglas at email@example.com or at (65) 9172 6427