Evidence of substantial efficiency gains seen in
This statement was made in an external review of the economy’s ability to reach APEC’s Bogor Goals, presented to officials today. Having reduced tariffs, says the team, will contribute substantively to
According to the same report,
The Bogor Goals are that free trade and investment in the APEC region should be established by 2010 in developed economies and by 2020 in developing economies.
Peer Reviews are conducted by independent, external review teams on a rotating basis and draw from the information found in economies’ most recent Individual Action Plans, reports issued by the World Trade Organisation and academic studies pertaining to the economy under review.
A synopsis of the Peer Review may be found at:
The complete report will be made available at the close of the APEC Senior Officials’ Meeting on 19 July at: http://www.apec.org/media/2009_iap_pnewguinea.html
Photographs may be found at:
For more information, contact:
Carolyn Williams at firstname.lastname@example.org or at (65) 9617 7316
Anita Douglas at email@example.com or at (65) 9172 6427