Apr 2, 2020 · APEC economies have adopted the WTO MFN mechanism for all their unilateral trade liberalisation commitments - APEC is not a trade bloc. In APEC this is known as open regionalism and it requires that APEC operate in a WTO consistent way.

Nov 11, 2023 · APEC expresses its support for the negotiations underway at the World Trade Organization (WTO) on the Joint Statement Initiative (JSI) on E-commerce and encourages participants to accelerate discussions towards an outcome that is balanced, inclusive and meaningful for consumers and businesses.

May 12, 2021 · ABAC calls on APEC economies to work together to shape a strong, credible and relevant WTO, one that responds effectively to the pandemic, fosters economic rebuilding and reflects evolving business needs and models.

Aug 6, 2023 · The rules of the GATT's successor, the World Trade Organization (WTO), are being flouted, and the Appellate Body of the dispute-settlement system is no longer functioning. Superpower rivalry is likely to prevent new multilateral trade negotiations leading to …

ABAC calls on APEC economies to spearhead cooperative approaches to shape a strong, credible and relevant WTO. The momentum of the 12th WTO Ministerial Conference in 2022 must be translated into ambitious, concrete outcomes at the 13th Ministerial Conference next year. APEC can, and must, lead on this.

May 26, 2023 · We, the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT), met in Detroit, Michigan, the United States of America from 25-26 May 2023, chaired by Ambassador Katherine Tai.

Asia-Pacific Economic Cooperation (APEC) is a forum of 21 Asia-Pacific economies. It was established in 1989 in response to the growing interdependence among Asia-Pacific economies and the advent of regional trade blocs in other parts of the world.

May 20, 2024 · The Asia-Pacific Economic Cooperation, or APEC, was founded in 1989 as the most important forum for economic and trade cooperation in the Asia-Pacific region, with 21 members located in the Pacific Rim.

Jul 25, 2020 · ABAC urges APEC economies to lead work in the WTO both to enhance short-term responses, and for the longer-term strengthening of the multilateral rules-based trading system.

Australia participates in the World Trade Organization (WTO), G20, the Organisation for Economic Co-operation and Development (OECD), Asia-Pacific Economic Cooperation (APEC) The Indo-Pacific Economic Framework (IPEF) and the Inclusive Trade Action Group (ITAG) and Global Trade and Gender Arrangement (GTAGA).