INGENIEUR
Source: www.apec.org
Consistent overall policy based on input from each
economy is essential for moving APEC’s trade and
investment agenda forward, and facilitating APEC’s
push for regional economic integration.
In 2013, APEC Leaders agreed to promote GVC
development and co-operation in the APEC region
on the basis of previous work on connectivity. This
agreement highlights the need for APEC economies
to work strategically and take action in creating
an enabling environment for GVC development
and co-operation. In response to the Leaders’
instruction, APEC economies agree to develop
a Strategic Blueprint for promoting global value
chains development and co-operation, and agree
to:
1. Address trade and investment issues that
impact GVCs. Reducing trade and investment
barriers will improve APEC economies’ access
to global production networks and allow firms to
source less expensive inputs globally. This in turn
lowers costs, increase efficiency and enhance
competitiveness. For 2015, APEC may launch
initiatives in the areas of enhancing GVCs; and
studying the impact of measures on the growth of
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VOL 61 JANUARY – MARCH 2015
VOL 55 JUNE 2013
GVCs, participation of economies and businesses
in GVCs, and our regional economy. \