National Center for APEC

THE VOICE OF U.S. BUSINESS IN THE ASIA PACIFIC

NCAPEC EVENTS

  • April 2 - April 7, 2017
    Telecommunications and Information Working Group (TELWG)
  • April 26 - April 29, 2017
    ABAC II
  • May 7 - May 18, 2017
    Senior Officials Meeting (SOM) II
  • May 14 - May 15, 2017
    High Level Policy Dialogue on Human Resource Development in the Digital Age
  • May 23 - May 24, 2017
    Ministers Responsible for Trade Meeting (TBC)

View full calendar

NEWSLETTER

Giving U.S. Business a Voice in the Asia-Pacific

Giving U.S. Business a Voice in the Asia-Pacific

The National Center for APEC is dedicated to the proposition that business must have a voice in the development of policies that impact the economies of the Asia-Pacific region. NCAPEC is the only U.S. business association focused exclusively on facilitating American private sector input into Asia-Pacific Economic Cooperation (APEC) process.


Complete list of NCAPEC publications

 

The Philippine government held its first series of APEC meetings for 2015 in facilities located in the Clark Free Trade Zone, located some 90 minutes north of Manila, from January 26 to February 7. Several hundred delegates from APEC’s 21 economies attended over 50 meetings during the two-week period. Numerous representatives from academia and the private sector, including members and staffers from the APEC Business Advisory Council (ABAC), attended the meetings to provide expert advice and input on the topics of discussion.


This year APEC is continuing to focus on the important trade and investment issues and challenges facing the region. Officials will carry forward work in areas such as supply chain connectivity, health, digital economy, finance and more. As APEC 2015 host, the government of the Philippines will place an emphasis on policies that benefit small and medium-sized enterprises, promote human capital development and assist economies in developing sustainable and resilient communities.


The Philippine government is also working closely with the ABAC leadership to expand opportunities for private sector engagement with APEC officials this year. One example of this effort is the series of three services-focused public-private dialogues that will be held over the course of 2015. In addition, the Philippines will host a number of CEO-Ministerial dialogues on the margins of select  APEC Ministerials and high-level dialogues that will be held in 2015.


APEC’s first opportunity to show progress toward concrete deliverables this year will be at the APEC Ministers Responsible for Trade meeting that will be held May 23 - 24 on the resort island of Boracay. There officials will set markers for initiatives and agreements that will be finalized in time for the APEC Leaders’ Meeting in Manila this November. Initiatives chiefly being advanced outside of APEC, including expansion of the Information Technology Agreement and the Trans Pacific Partnership, will also likely be topics of discussion in Boracay.


More information on the Philippines’ hosting of APEC can be found here: http://apec2015.ph/

The U.S. Department of Commerce and the Philippine Department of Trade and Industry will host an APEC SME Global Supply Chain Event on June 8-9 in Atlanta, Georgia at the Georgia Tech Hotel and Conference Center. 


The event will focus on three primary sectors:

  • Agriculture
  • Food Processing
  • Healthcare Products

There will be four primary workshops that will include several panels over the two-day event, such as:

  • What it Takes for SMEs to Support a World-Renown Retailer/Franchisor
  • Successful SME Synergies
  • The Pressing Need of a Good Supply Chain
  • Barriers To SME Trade and Trade Facilitation
  • Finding the Proper Financing Assistance
  • Understanding Non-Tariff Measures

The event also includes a cold chain facility tour, a large networking event, and the establishment of an institutional network for continued support beyond the event. Organizers expect to have over 350 SMEs from around the APEC region in attendance, along with experts in smart chain management, logistics, IT and regulatory issues. The two-day event will be followed by the 40th hosting of the APEC SME Working Group on June 10 and 11.


About the SME Working Group: Small and medium enterprises (SMEs) are the engines of growth and innovation in the APEC region. SMEs account for over 97 percent of all enterprises and employ over half of the workforce across APEC economies. SMEs contribute significantly to economic growth, with SMEs' share of GDP ranging from 20 percent to 50 percent in the majority of APEC economies. APEC’s Small and Medium Enterprises Working Group (SMEWG) works to encourage the development of SMEs and to build their capacity to engage in international trade.  – APEC Secretariat Website


The SMEWG works towards the achievement of APEC’s Bogor Goals by fostering an enabling business environment for SMEs to grow and develop into export-ready firms.

USAID recently published a study entitled “Remanufacturing in Malaysia: an Assessment of the Current and Future Remanufacturing Industry”. Remanufacturing, the industrial process of restoring a used or end-of-life good to the same or better safety and performance standards as a new product with warranty to match, has been discussed in APEC since 2006. 


The report was undertaken to assist Malaysian policymakers as they considered joining the APEC Pathfinder on Facilitating Trade in Remanufactured Goods, in which 11 APEC economies agreed to work towards treating remanufactured goods as new goods at the border and organize capacity building workshops to address issues that initially prevented other economies from joining. The report’s findings encouraged Malaysia to formally join the Pathfinder in October 2014.


The report found that remanufacturing is a USD 1.06-1.10 billion industry in Malaysia, and has the potential to grow to USD 4 billion. It also found that the largest, most common barriers to remanufacturing industry growth in Malaysia included lack of skilled labor and specialist equipment, difficulties moving large enough quantities of core materials (used goods) to remanufacture to maintain economies of scale and efficient operations, few standardized operating or testing procedures, and a lack of industry representation. Overall recommendations of the study included developing standards for both remanufactured products and remanufacturing processes, developing a universal definition for the term ‘remanufacturing’ and use this to educate consumers, producers and policy makers, and informing policy makers of the benefits of remanufacturing and educating customs officials of where remanufacturing differs from re-use and refurbishment.


The APEC Business Advisory Council (ABAC) recently endorsed the organization of a Public-Private Dialogue on Remanufacturing to be held in late August or early September of 2015 in Cebu, Philippines. NCAPEC, as the U.S. ABAC Secretariat, is assisting in these efforts.

ABAC will convene in Mexico City from April 20-23 for its second meeting of the year. U.S. ABAC Members Peggy Johnson of Microsoft, Bart Peterson of Eli Lilly, and Ed Rapp of Caterpillar, as well as NCAPEC President Monica Whaley, will attend the meeting.  The chief outcome from the meeting will be  ABAC’s letter to APEC Ministers Responsible for Trade which will include recommendations on steps APEC governments should take to improve the trade and investment environment in the region. Trade Ministers will meet on May 23 and 24 in Boracay, Philippines.  


ABAC USA Members will be briefing the Council on several key U.S. initiatives including: the internet economy, the impact of health on pension funds, infrastructure investment, and the development of a public-private dialogue on mining.  ABAC USA is also involved in the development of ABAC’s input into the “Collective Strategic Study on Issues Related to the Realization of the FTAAP”. 

The APEC Anti-Corruption and Transparency Working Group brings together anti-corruption and law enforcement officials from the 21 APEC member economies. Officials have recently undertaken steps to implement a unique, new network through which they can exchange sensitive information on anti-corruption investigations. The network, called ACT-NET (APEC Anti-Corruption Authorities and Law Enforcement Agencies Network), was established in August 2014 through efforts led by China, Indonesia, and the U.S.


Technical details behind the initiative will continue to develop as officials work together and share information. However, even at this early stage in the process officials are already able to utilize a secretariat established on a preliminary basis to administer the sharing of case information.


Officials are viewing the creation of the network as a significant step that will be the first of its kind for its members. Corruption costs the global economy more than USD 2.6 trillion (about five percent of gross GDP) per year, and it is steps such as these that make continued progress in the fight against corruption and government opacity possible. More information is available here.

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