APEC Works Towards Free Trade by 2020: Osaka, Japan, November 16-19, 1995

1996 ◽  
Vol 7 (1) ◽  
pp. 83-88

Minister Kono, Minister Hashimoto, Excellencies, colleagues, and friends: It is a pleasure to join you at this year's ministerial meeting of the Asia-Pacific Economic Cooperation forum. Let me take this opportunity to express my deep appreciation to our Japanese hosts. Prime Minister Murayama, Minister Kono, Minister Hashimoto, and their colleagues have worked hard to make our meetings in Osaka a success. After six years of progress and vision, APEC now faces a crucial seventh year of decision. As the guiding force for economic growth and integration in the world's most dynamic region, APEC must not only sustain the momentum it has achieved over the last two years. It must begin to take concrete and far­reaching actions to open up trade and investment in the Asia­Pacific region. If APEC is truly to make history, it must produce results.

2018 ◽  
Vol 12 (2) ◽  
pp. 135-160
Author(s):  
Rino Adi Nugroho ◽  
Kumara Jati

Abstrak Tulisan ini mengkaji potensi peningkatan akses pasar produk Indonesia ke kawasan Asia-Pacific Economic Cooperation (APEC) untuk mengantisipasi realisasi Free Trade Area of The Asia-Pacific (FTAAP). Penelitian ini menggunakan Export Product Dynamic (EPD), Intra-Industry Trade (IIT), dan analisis Inter-Regional Input-Output (IRIO). Hasil analisis EPD dengan menggunakan klasifikasi 21 sektor diperoleh 15 sektor ekspor Indonesia ke pasar Asia-Pasifik berada pada posisi retreat dan enam sektor lainnya berada pada posisi falling star. Berdasarkan hasil IIT diperoleh lima sektor ekspor Indonesia yang memiliki integrasi dalam kategori integrasi sangat kuat yaitu sektor hasil panen dan hewan, industri pengolahan makanan dan tembakau, industri farmasi, industri karet dan plastik, serta industri perakitan komputer. Sementara itu berdasarkan analisis Inter-Regional Input-Output (IRIO) terhadap 10 ekonomi Asia-Pasifik terlihat bahwa proporsi perdagangan bilateral terhadap total ekspor terbesar yaitu Indonesia terhadap Republik Rakyat Tiongkok (RRT) dan Jepang dengan persentase masing-masing sebesar 1,22% diikuti oleh Korea Selatan dan Jepang masing-masing sebesar 0,4% dan 0,32%. Ekspor Indonesia ke  Australia, RRT, Jepang, Korea Selatan, Meksiko, Rusia dan Taiwan  didominasi oleh barang antara dan ekspor Indonesia ke Amerika Serikat dan Kanada didominasi oleh barang konsumsi langsung. Untuk memperoleh nilai tambah, Indonesia perlu meningkatkan daya saing melalui transfer teknologi dan akses pasar yang fokus pada permintaan akhir. AbstractThis paper examines the potential improvement of market access of Indonesian products to the Asia-Pacific Economic Cooperation (APEC) region to anticipate the possibility of the Free Trade Area of The Asia-Pacific (FTAAP) realization. The methods used in this research are Export Product Dynamic (EPD), Intra-Industry Trade (IIT), and Inter-Regional Input-Output (IRIO) analysis. Based on the analysis of EPD using  21 sectors classification, it was obtained 15 export sectors of Indonesia to Asia-Pacific market are in retreat position and other six sectors are in falling  star position. While using the IIT method, there are five Indonesian export sectors that have very strong integration, namely and animal sector, food and tobacco processing industry, pharmaceutical industry, rubber and plastics industry, and computer docking industry. In addition, by using IRIO analysis on 10 Asia-Pacific economies, it showed that the largest share of Indonesia bilateral trade was to China and Japan at about 1.22% respectively. This was followed by South Korea and Taiwan with percentage of 0.4% and 0.32%. The exports of Indonesia to Australia, China, Japan, South Korea, Mexico, Russia and Taiwan were dominated by the intermediate goods, while to the United States and Canada are dominated by final goods. Therefore, to obtain added value,  Indonesia’s has to improve competitiveness with technology transfer and market access increase which focuses on the final demand.


2018 ◽  
Vol 2018 (6) ◽  
pp. 3-12
Author(s):  
Zhang DONGYANG ◽  

The status and prospects of development of trade and economic relations between Ukraine and China are considered. It is proved that bilateral cooperation in the trade and economic sphere has made significant progress. In 2012–2017, China was the second largest trading partner of Ukraine after Russia. However, the problem of imbalance in imports and exports between Ukraine and China has not yet been resolved. In addition, the scale and number of projects in which Ukraine attracts Chinese investment is much less than investments from European countries and the United States. It is justified that trade and economic cooperation between Ukraine and China is at a new historical stage. On the one hand, Ukraine signed the Association Agreement with the European Union, and on January 1, 2016, the rules of the free trade zone between Ukraine and the EU entered into force. This helps to accelerate the integration of Ukrainian economy into European one. On the other hand, the global economic downturn requires the introduction of innovations in the model of cooperation. The Chinese initiative “One belt is one way” is one of the variants of the innovation model of cooperation. Its significance is to unite the Asia-Pacific region with the EU in order to join the Eurasian Economic Union, create a new space and opportunities for development and achieve prosperity with the Eurasian countries. All this forms unprecedented opportunities for development of bilateral economic and trade relations. It seems that to fully open the potential of Ukrainian economy and expand bilateral trade and economic cooperation, it is necessary to take into account such proposals as the establishment of the Sino-Ukrainian industrial park, the promotion of cooperation in the field of electronic commerce, the formation of the Sino-Ukrainian free trade zone and enhanced interaction within multilateral mechanisms (for example, the Shanghai Cooperation Organization and the interaction of China and the countries of Central and Eastern Europe in the 16 + 1 format).


Author(s):  
SABURO OKITA

The Asia-Pacific countries achieved rapid economic growth with the flying-goose model in the 1980s, growth buttressed by export-oriented development strategies and the policy culture in these countries. While Japan and the other Asia-Pacific countries still have strong growth potential, many problems remain, including trade imbalances with the United States and the rise of protectionism there, the Asia-Pacific economies' vulnerability, and the need to consolidate the infrastructure for growth. It is imperative that Japan contribute to the development of the region by responding effectively to these issues and that it strengthen the international trading arrangements by promoting Asia-Pacific cooperation premised on openness. Given the region's great internal diversity, Asia-Pacific economic cooperation can well serve as a model for international economic coordination.


1998 ◽  
Vol 9 (1) ◽  
pp. 108-111

We, APEC's Economic Leaders, met today in Vancouver, Canada, to reaffirm our commitment to work together to meet the challenge of sustaining regional prosperity and stability. Certain of the dynamism and resilience of the region, we underline our resolve to achieve sustainable growth and equitable development and to unlock the full potential of the people who live here. We agree that the prospects for economic growth in the region are strong, and that Asia-Pacific will continue to play a leading role in the global economy. The goals we have set, including the achievement of free and open trade and investment in the region by the dates set out in the Bogor Declaration, are ambitious and unequivocal.


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