List of Major APEC Outcomes From Previous Leaders MeetingsFact sheet released by the Bureau of East Asian and Pacific AffairsU.S. Department of State, August 13, 1999 |
The Auckland APEC Economic Leaders Meeting September 11-13, 1999 will build on the progress of the six previous meetings, which have advanced the vision of an Asia-Pacific region of shared prosperity. Highlights of previous leaders meetings include:
Blake Island, Washington State, US, November 20, 1993
APEC economic leaders envisioned an Asia-Pacific that harnessed the energy of its diverse economies, strengthened cooperation, and promoted prosperity. To this end, the leaders called for continued reduction of trade and investment barriers to allow goods, services, capital, and investment to flow freely among APEC economies.
Bogor, Indonesia, November 15, 1994
In their Declaration of Common Resolve, the APEC leaders agreed to achieve the goal of free and open trade and investment in the region no later than 2010 for industrialized economies and 2020 for developing economies.
Osaka, Japan, November 19, 1995
Leaders adopted the Osaka Action Agenda, a blueprint for implementing APEC's commitment to free and open trade and investment, business facilitation, and economic and technical cooperation.
Manila, The Philippines, November 25, 1996
Leaders adopted the Manila Action Plan for APEC (MAPA), which includes individual and collective action plans to achieve the Bogor goals of free and open trade and investment by 2010 and 2020. The Leaders Meeting also endorsed the Information Technology Agreement. Leaders instructed that APEC's economic and technical cooperation efforts focus on six areas: developing human capital, fostering safe and efficient capital markets, strengthening economic infrastructure, harnessing technologies of the future, promoting environmentally sustainable growth, and encouraging the growth of small and medium-sized enterprises.
Vancouver, Canada, November 24-25, 1997
Leaders endorsed the Early Voluntary Sectoral Liberalization (EVSL) initiative which seeks, among other elements, to cut tariffs in several key economic sectors. The nine "priority" sectors identified in Vancouver for immediate action and finalization in time for the Leaders Meeting in November 1998 in Kuala Lumpur, Malaysia, were Chemicals, Fish Products, Forestry Products, Energy Goods and Services, Environmental Goods and Services, Gems and Jewelry, Medical Equipment, Telecommunications Mutual Recognition Agreement, and Toys. The six "non-priority" sectors to be further developed were Automobile Standards, Aircraft, Fertilizer, Food, Oilseeds and Rubber.
Kuala Lumpur, Malaysia, November 17-18, 1998
Leaders endorsed the plan devised by Ministers to place the tariff-cutting elements of the priority sectors of the Early Voluntary Sectoral Liberalization (EVSL) initiative into the WTO process in order to obtain an early WTO agreement on these sectors by the time of the Seattle WTO Ministerial in November/December 1999. In addition, Leaders re-committed to work together to help the Asia-Pacific region emerge from the financial crisis and return to economic growth. As part of this strategy, they called for economic reforms and strengthening the international financial architecture.
[end of document]