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Asia Pacific Economic Cooperation

APEC’s e-Commerce Strategy. Asia Pacific Economic Cooperation. APEC. 21 member economies 2.5 billion people 50% of world trade consensus based APEC’s experience trade and investment liberalisation delivers economic growth, creates employment and alleviates poverty. e-Commerce in APEC.

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Asia Pacific Economic Cooperation

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  1. APEC’se-Commerce Strategy Asia Pacific Economic Cooperation

  2. APEC • 21 member economies • 2.5 billion people • 50% of world trade • consensus based • APEC’s experience • trade and investment liberalisation delivers economic growth, creates employment and alleviates poverty

  3. e-Commerce in APEC • E-commerce becoming mainstream • B2B internet commerce in the Asia-Pacific region was $US96.8 billion in 2000 • 22 per cent of the world total • Substantial cost reductions from streamlining business processes and improved B2B communication

  4. APEC’s Digital Divide

  5. e-Inclusion • A commitment to triple internet access by 2005 • Lower prices for internet use • Improved access in underserved urban and rural areas • Human resource development

  6. Challenges toe-business in APEC • Poor or non-existent telecommunication networks • High internet access costs • Language and culture • Lack of skilled personnel • Legal, regulatory, taxation and consumer protection issues • e-Security and financial transactions

  7. APEC’s response • Information Technology Agreement 1997 • e-Commerce Blueprint for Action 1998 • Paperless Trading Goal 1998 • Digital Divide Blueprint for Action 2000 • The New Economy and APEC 2001 • e-APEC Strategy 2001 • Cybersecurity Strategy 2002

  8. APEC’s e-initiatives • Based on input by member economies, business and international bodies • Respond to needs identified by business • Enhance SME participation in cross-border trade • Emphasise capacity building

  9. e-APEC Strategy A long-term, action-oriented plan to enable all APEC economies to maximise the benefits of the New Economy • Strengthening market structures and institutions • Infrastructure and technology development • Human capacity development and entrepreneurship

  10. e-APEC Strategy • Strengthening market structures and institutions • Sound macroeconomic policy framework • Sustained structural reform • Effective competition regime • Good financial and corporate governance • Efficient venture capital markets • Legal framework for intellectual property

  11. e-APEC Strategy • Uptake of e-commerce • On-line transaction laws • Electronic authentication and signatures • Standards and conformance Infrastructure and technology development • Competitive, affordable, non-restrictive access • Reliable, fast and affordable distribution channels

  12. e-APEC Strategy • Human capacity building and entrepreneurship • Overcoming the unequal distribution of knowledge • Providing quality distance education programs • Extending health services to rural communities • Offering social inclusion for all sectors of the community

  13. Coordination • Comprehensive reporting • Stocktake of Electronic Commerce Activities in APEC • Policy coordination by APEC Senior Officials and a Joint Fora Meeting • Project coordination by the Budget Management Committee

  14. Facilitating e-commerce • Market information/business matching • Electronic payment • Legal and regulatory framework • Information and network security • Competitive internet charging arrangements • Mutual Recognition Arrangements

  15. Facilitating cross-border trade • Possible savings of $US60 billion per year • Reduced costs to traders • Savings on communication charges • Fewer errors • Use of common data elements • Lower interest payments on trade finance • Efficient supply chains • Savings for government agencies, banks, insurers and shipping companies

  16. e-Commerce initiatives • On-line customs clearance • Electronic cargo and port manifests • Government tenders on-line • Electronic Certificates of Origin • Airline Passenger Processing • Electronic SPS Certificates

  17. Airline Passenger Immigration Processing • APEC’s electronic visa processing and border management system enhances regional security • airlines can verify the bona-fides of passengers • governments can check the status of individuals boarding flights bound for their country • passengers are processed faster on arrival

  18. Electronic SPS Certification E-Cert • SPS certificate on a secure web-page Benefits • Food security • Data integrity • Secure and timely transmission of data • Savings in money and time • Early notification, streamlined clearance of cargo

  19. E-Cert Display - 1

  20. E-Cert Display - 2

  21. Capacity Building • Assisting SMEs • E-commerce workshops for government officials • Free on-line training for IT professionals • A Cyber Education Network • Programs to develop the legal infrastructure for e-commerce • Government services on-line

  22. Current issues • Policies on Trade and the Digital Economy • Cybersecurity • On-line consumer protection • On-line privacy

  23. Asia Pacific Economic Cooperation Thank you Bruce Bennett apec@dfat.gov.au

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