APEC: Economy, Foreign Trade, Investment

1. Assessment of the Achievements of the Bogor Goals of the APEC
2. International Trade in goods and services
3. Investment in the Asia-Pacific Markets
4. Economic Growth and improving the social outcomes
5. Trade and investment liberalization and Facilitation in the APEC Markets: tariffs, Non-tariff Measures, trade in services, FDI, customs procedures, rules of origin
6. Regional Trade Agreements and Trade Agreements related to the APEC

The Subject “APEC: economy, foreign trade, and investment” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: World Trade.

Master: International Business.

Languages: or APEC APEC APEC.

Asia-Pacific Economic Cooperation (APEC): economy, foreign trade, and investment.

When the APEC (APEC) Leaders joined in 2004 in Bogor (Indonesia); they implicated to “reach a free and open regional trade and foreign direct investment by 2010 for industrialized economies and 2020 for developing economies.”

The APEC members agreed to follow this goal by reducing the foreign trade and investment barriers and promoting the free flow of products, services, and capital.

These targets are the “Bogor Goals,” an ambitious expression of the common belief of the APEC that a free and open trade are fundamental to realize the potential economic growth of the Asia-Pacific region and improve the economic and social results for all the APEC economies.

1. The total exported products by the APEC economies has risen substantially from USD 2 trillion in 1994 to USD 5 trillion. In the same way, total imports increased from USD 2 trillion to USD 5 trillion over the same period
2. Since 1994, total trade in products of the APEC with the rest of the World has augmented at an annual rate of 7.1% (for both exports and imports)
3. With respect on Foreign Trade, the value of the intra-APEC trade in products was 2.8 times larger than in 1994
4. Total trade in products of the APEC with the rest of the World grew faster than the intra-APEC
5. Total imports of the APEC from the rest of the World also grew faster than intra-regional imports
6. Trade in commercial services is becoming more and more important across the APEC region

APEC Member Countries: Australia, Brunei, Canada, Chile, Hong Kong, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Singapore, Taiwan, Thailand, the U.S., and Vietnam.

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