HAIS Social

Innovation Community - APEC

Today’s Agenda9:00 – 9:30 Welcome / Refreshments9:30 – 10:30 Introduction / What is APEC?10:30 – 11:25 Where are we now? Where do we want to go?

11:25 – 11:30 PAAC Model APEC

11:30 – 12:00 Lunch

12:00 – 1:00 What value does this group hold?1:00 – 1:30 How can APEC advance our aspirations?1:30 – 2:00 Next steps? Concluding Remarks…

What is APEC?

Mission

APEC is the premier Asia-Pacific economic forum. Our primary goal is to support sustainable economic growth and

prosperity in the Asia-Pacific region.

We are united in our drive to build a dynamic and harmonious Asia-Pacific community by championing free and open trade

and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, enhancing human security, and facilitating a

favorable and sustainable business environment. Our initiatives turn policy goals into concrete results and

agreements into tangible benefits.

History

The Asia-Pacific Economic Cooperation

Established in 1989, in Australia

Originally comprised of 12 members

First Leaders’ Meeting was held in 1993 at Blake Island – off the coast of Seattle.

The U.S. State Department lists the APEC as the “the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region”.

“Economies” Instead of “Countries”

Used since its inception

Want to focus on economics, not politics

The China/Hong Kong/Taiwan issue

Who are the 21 Economies?

1. Australia2. Brunei Darussalam 3. Canada4. Chile5. People's Republic of China 6. Hong Kong, China 7. Indonesia8. Japan9. Republic of Korea10. Malaysia11. Mexico

12. New Zealand 13. Papua New Guinea 14. Peru15. The Republic of the

Philippines 16. The Russian Federation17. Singapore18. Chinese Taipei (Taiwan) 19. Thailand20. United States of America 21. Viet Nam

HAWAII

APEC’s Position in the World The world’s largest economic

forum

40% of the world’s population

44% of world trade

53% of the world’s GDP

“Within five years, Asia’s economy is expected to be about 50 percent larger than it is today” - Obama

APEC economies receive 60% of all U.S. exports

Continued…

6 of the world's 10 largest carbon emitters

5 of the world's 6 largest standing armies

The world's largest Muslim nation

Represent 7 of the top 10 countries of origin for international students studying in the U.S.

APEC’s 3 Pillars of Work

1. *** Trade and Investment Liberalization Reduce and eventually eliminate tariff and non-tariff

barriers to free trade

2. Business Facilitation Reduce the cost, and improve the ease, of doing business

3. Economic and Technical Cooperation Provide training to build capacity at the institutional and

individual level to assist people with gaining the skills needed to take advantage of global trade

Other Areas APEC Has Been Interested In

Role of Government in the Market

Energy and Environment

Innovation and Information and Communication Technology (ICT)

Corporate Social Responsibility

Counter-terrorism

Gender Issues

Human Security

Emergency Preparedness

Structural Reform

Free Trade Area of the Asia-Pacific

New Growth Strategy

Climate Change

Food Security

How APEC is Different

Is not a formal trade agreement

Is not a “common market”

Is not a rules-based organization

Is non-binding and voluntary

Does not have enforcement power

Works on consultation and consensus-building

Open sharing of information between members and the public

APEC Organizational Chart

Policy Level

Working Level

APEC 2010 - Japan

Just concluded last weekend

Stronger support for the creation of a Free Trade Area of the Asia-Pacific (FTAAP) by 2020 Some call it the NAFTA

of the Asia-Pacific region

Referred to 2011 is a "window of opportunity“

AP Photo/Charles Dharapak

Hosting APEC in 2011 is a key opportunity for the United States to

reassert its leadership on broad economic issues affecting not only business but also health, education

and security in Asia

– Craig Mundie U.S. Host Committee Chair

APEC 2011 – USA

“21 Economies for the 21st Century” Introduction to APEC 2011 Video

Confirmed Dates for APEC 2011 – USA

Date Event Location2010Dec 08 APEC Symposium Honolulu

Dec 09 Informal Senior Officials’ Meeting Honolulu

2011Feb 22 Finance Deputies Meeting San Francisco

Feb 23-24 Meeting on financial inclusion San Francisco

Feb 28 – Mar 13 Senior Officials' Meeting I (SOM1) and Related Meetings Washington D.C.

May (TBA) Senior Officials' Meeting II (SOM2) and Related Meetings Big Sky, Montana

May (TBA) 18th Small and Medium Enterprise Ministerial Meeting Big Sky, Montana

May (TBA) 32nd Small and Medium Enterprise Working Group Mtg Big Sky, Montana

May 23 Meeting of Ministers Responsible for Trade Big Sky, Montana

Sept (TBA) Senior Officials' Meeting 3 (SOM3) and Related Meetings San Francisco

Sept (TBA) 9th Gender Focal Point Network Meeting San Francisco

Sept (TBA) 39th Tourism Working Group San Francisco

Nov (TBA) Concluding Senior Officials Meeting and Related Mtgs Honolulu

Nov (TBA) APEC CEO Summit Honolulu

Nov (TBA) Small and Medium Enterprises Ministerial Meeting Honolulu

Nov 10 APEC Finance Ministers’ Meeting Honolulu

Nov 12-13 APEC Economic Leaders’ Meeting Honolulu

The fact that the president is inviting his counterpart leaders to

his native town is taken in many cultures as showing guests the

highest respect

– Charles Morrison

AP Photo

Hawaii Host Committee (as of August 2010)

Economic Leaders Week – Honolulu Between 15,000-20,000 people expected

60 political ministers

8,000 delegates

Countless business leaders

2,000 accredited media members from around the world

Numerous side meetings among business, government, and nonprofit leaders.

U.S. Department of Homeland Security has already designated it a national special security event

Expected to generate $120 million for Hawaii