APEC has advised that the 2011 meeting of APEC , will aim to increase economic engagement in the Asia-Pacific region, The United States (who will host APEC 2011) has also highlighted its priorities for the APEC meeting to be held in Honolulu in November 2011.
Issues on the list include prioritize concrete initiatives that build a “seamless regional economy” by achieving outcomes in specific priority areas, including:
(1) strengthening regional economic integration and expanding trade;
(2) promoting green growth; and
(3) expanding regulatory cooperation and advancing regulatory convergence.
At the meeting convened at the historic East-West Center in Honolulu, US Senior Official Kurt Tong and his team proposed several policy areas for APEC officials to focus on in 2011. In addition to discussing how to organize the meetings for results-oriented outcomes, the United States explained that it will work with its partners to ensure the organization and its leaders remain relevant and accountable.
“In 2011, APEC is tasked with strengthening economic integration by working to define, shape, and address the next generation trade and investment issues that should be included in 21st century trade agreements in the region, including a Free Trade Area of the Asia-Pacific (FTAAP),” said Tong. “This will contribute to eliminating non-tariff barriers to trade and preventing new barriers from emerging.” The U.S. official also suggested that “APEC should adopt policies and regulations that foster innovation and promote the use of information and communication technologies, and advance structural reform objectives in APEC economies.”
See full APEC press release http://www.apec.org/en/Press/News-Releases/2010/1213_isom.aspx
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