APEC’s Achievements in Trade Facilitation 2007-2010 - Final Assessment of TFAPII

Following the conclusion of APEC’s Second Trade Facilitation Action Plan (TFAP II), the APEC Policy Support Unit (PSU) conducted the Final Assessment of TFAP II for the Committee on Trade and Investment (CTI). This report consolidates and summarizes the findings from six component reports: an aggregate measurement of total trade transaction costs as well as the contributions made by the APEC sub-fora in four priority areas – Customs Procedures, Standards and Conformance, Business Mobility, and Electronic Commerce (data privacy and paperless trading). The results of the TFAP II Final Assessment provide strong evidence that the Leaders’ goal of a 5% reduction in trade transaction costs over the TFAP II period of 2007 through 2010 has been achieved, with substantial progress made through APEC’s trade facilitation efforts at both the aggregate and sub-fora levels. 

1. INTRODUCTION
A. 2007-2010 Trading Environment
B. Importance of Trade Facilitation
 

2. TFAP II FINAL ASSESSMENT RESULTS
A. Aggregate Measurement
B. Customs Procedures
C. Standards and Conformance
D. Business Mobility
E. Electronic Commerce
i. Data Privacy
ii. Paperless Trading
 

3. CONCLUSION AND RECOMMENDATIONS
 

REFERENCES
 

APPENDIX
A. APEC’s Trade Facilitation Principles
B. TFAP II Actions and Measures
C. TFAP II Key Performance Indicators