- January 30, 2018
NCAPEC Executive Roundtable
- February 1 - February 4, 2018
- February 24 - March 9, 2018
First Senior Officials' Meeting (SOM I)
- March 7, 2018
SOM Dialogue on the Digital Economy
- March 13 - March 16, 2018
Finance and Central Bank Deputies Meeting (FCBDM)
Giving U.S. Business a Voice in the Asia-Pacific
The National Center for APEC (NCAPEC) is dedicated to advancing the U.S. business community’s views in the dynamic Asia-Pacific region. Established in Seattle, Washington in 1994, NCAPEC is the only U.S. business association focused exclusively on facilitating private sector engagement in the Asia-Pacific Economic Cooperation (APEC) process.
The third APEC Senior Officials' Meeting (SOM) began August 15 in Ho Chi Minh City, Vietnam and extended through August 30. These meetings covered a variety of topics, including digital economy, trade, and services. Brief updates on key meetings are included below:
E-Commerce Steering Group/Data Privacy Subgroup Meetings (ECSG/DPS)
The ECSG and its Data Privacy Subgroup held their second set of 2017 meetings in Ho Chi Minh City, Vietnam between August 20-23. Key topics of discussion included expanding participation in the Cross-Border Privacy Rules (CBPR) and Privacy Recognition for Processors (PRP) frameworks; the Cross-Border Privacy Enforcement Arrangement; and potential CBPR interoperability with the EU’s General Data Protection Regulation (GDPR).
Economies provided updates on their interest and steps taken to join the CBPR and PRP systems. Korea is the latest economy to accede to CBPR, joining in June 2017, and is in the process of harmonizing domestic rules with CBPR standards. Singapore formally submitted its application for consideration to the CBPR system in July 2017 and has also applied to join the PRP system. The United States’ PRP application remains under review. Other economies pursuing CBPR participation include Chinese Taipei and the Philippines.
An essential component to CBPR implementation is the presence of approved Accountability Agents to certify that companies are CBPR compliant. Japan and the United States have already certified domestic Accountability Agents; other economies, including Chinese Taipei and Korea, noted they are seeking to identify potential Accountability Agents.
Members of the CBPR Accountability and Administration Study Group (AASG) also provided updates on communications initiatives related to promoting CBPR. Such strategies include updating the CBPR website to expand business and consumer awareness of the system, as well as pursuing new communications initiatives to promote the system in the region.
NCAPEC is an active participant in the AASG. NCAPEC has advised on the AASG’s communications plan and is in the process of distributing a survey in the US and Japan to determine why more companies have not signed up for CPBR. The survey will be used to help inform officials as to why the lag in company certifications continues. For more information on this survey, please contact Stephanie Henry (email@example.com).
APEC Alliance for Supply Chain Connectivity (A2C2)
At its second meeting of 2017, the APEC A2C2 convened public and private sector representatives to discuss ongoing capacity building projects, APEC trade facilitation initiatives, and private sector case studies on supply-chain chokepoints in the Asia-Pacific region.
NCAPEC served as co-convener of the SOM III A2C2 program. At the program, NCAPEC staff joined a panel of business representatives from UPS, Intel, and 7-11; business representatives discussed case studies in which their companies addressed and resolved supply-chain issues in the region.
Representatives underscored the importance of government capacity building, interagency cooperation, streamlined procedures, reduced cost and uncertainty, and stronger predictability. These case studies will help guide A2C2’s work on as addressing chokepoints included in Phase II of the Supply Chain Connectivity Framework.
Group on Services (GOS)
The GOS met August 23 to discuss implementation of the APEC Services Competitiveness Roadmap (ASCR), as well as other initiatives, such as Korea’s work on developing a set of non-binding principles for domestic regulation in the services sector. On the latter initiative, Korea held a workshop on August 22 to review work-to-date and engage with stakeholders on this project.
The GOS endorsed a proposal to collaborate with ABAC on the ASCR; this collaboration will allow ABAC to provide input on the ASCR and make suggestions on future areas of services-related work. NCAPEC spoke in support of this collaborative effort at the GOS and underscored the importance of collaboration so that business can have a clear way to influence APEC’s services agenda and workstreams.
For the remainder of 2017, Vietnam will host several key APEC meetings and events, including sectoral and issue-specific meetings focused on small-and medium-sized enterprises (SMEs), women, finance, tourism, and transportation.
In September, SME Ministers will gather in Ho Chi Minh City, Vietnam on September 14-15 for their annual meeting. Several events will be held on the sidelines, including:
- September 7: Business Ethics for SMEs Forum (Hanoi)
- September 11: Workshop on Promoting Innovation for Startups (Ho Chi Minh City)
- September 11-12: APEC Startups Forum (Ho Chi Minh City)
Also in September, APEC will host its annual set of women-related meetings, including the following:
- September 25-26: Public-Private Dialogue on Women and the Economy (Hue City)
- September 26-28: Women and the Economy Forum (Hue City)
- September 26: Workshop on Gender Gendered Innovation for Technology and Science (GIFTS) for Women in the Creative Industry (Hue City)
- September 26: Seminar on Women as Prime Movers of Inclusive Business (Hue City)
- September 26: APEC Women in Transportation (WiT) Forum (Hue City)
- September 27: APEC Policy Partnership on Women and the Economy Meeting (Hue City)
- September 27: Workshop on APEC Women Entrepreneurs in the 4th Industrial Revolution
- September 28-29: High Level Policy Dialogue on Women and the Economy, Ministerial Level Meeting (Hue City)
In October, Ministers from APEC Transportation Ministries will meet in Port Moresby, Papua New Guinea on October 6. That month, APEC will also host a meeting of the Tourism Working Group on October 9-10 in Penang, Malaysia. Closing out October, Finance Ministers will meet October 19-21 in Hoi An, Vietnam.
Planning for APEC Leaders’ Week and CEO Summit is already well underway. APEC Leaders week is set to take place in Da Nang, Vietnam, November 6-11, and senior executives will gather for the annual CEO Summit on November 8-10. Prior to those events, ABAC will hold its fourth meeting of the year November 4-6, and Senior Officials are expected to meet for their last 2017 meeting on November 6-7. That week, the Vietnam Chamber of Commerce and Industry is also organizing a Business Summit, focused on foreign investment in Vietnam.
If you have questions about these meetings or would like additional information, please contact Stephanie Henry at firstname.lastname@example.org.