The 19th APEC Ministerial Meeting to be Held
At the meeting, the ministers are expected to discuss ways APEC can contribute in bringing about an early conclusion to the WTO Doha Development Agenda (DDA), plans for regional economic integration including the Free Trade Area of Asia-Pacific (FTAAP), increase of trade, intellectual property rights, as well as cooperation in technology and economy. Besides economy and trade, the agenda also includes topics such as cooperation against terrorism for the promotion of a safe trading environment and APEC reforms.
※ Free Trade Area of the Asia-Pacific (FTAAP)
- There will be a discussion regarding the development of an Asia-Pacific FTA centered on APEC member countries.
- The research study results on the plans for promoting regional economic integration that was mandated at the 2006 APEC Ministerial Meeting will be presented.
At this Ministerial Meeting, in-depth talks on the issue of climate change, a core topic of the summit, is expected to take place. Furthermore, APEC’s second Trade Facilitation Action Plan (TFAP II), which sets out a framework to reduce trade transaction costs by 5% within the Asia-Pacific region by 2010, will be adopted.
※ Trade Facilitation Action Plan II (TFAP II)
- Detailed operational plans and schedules for the TFAP II, which follows the first Trade Facilitation Action Plan (5% reduction from 2002-2006), will be reduced to an additional 5% in trade transaction costs by 2010.
The Korean delegation will seek to gain the support of member countries for project proposals, and actively participate in discussions regarding APEC reforms and development. Korea will use this opportunity to further its leadership role, which has continued since the establishment of APEC, to improve its regional standing.
In November, as part of the project to foster anti-terrorism capabilities in developing APEC member countries, Korea will begin its “Cyber Security Training” program to provide education on fighting cyber terrorism.
In addition, the United States and Japan will participate in the “APEC plans for cooperation to streamline patent registration processes” discussion as leading nations and play an important role in strengthening the protection of intellectual property rights in the Asian region.
During the APEC Ministerial Meeting, Minister Song Min-soon and Trade Minister Kim Jong-hoon will hold bilateral meetings with ministers from various member countries to discuss matters of mutual interest.
Ministers’ Bilateral Meeting (eight countries): United States, Japan, China, Australia, Canada, Mexico, Chile, and Vietnam
Trade Ministers’ Bilateral Meeting (seven countries): United States, Japan, China, Russia, Australia, Mexico, and Thailand
※ Trade Minister Kim Jong-hoon is also scheduled to meet with Mr. Pascal Lamy, Director-General of the WTO, Mr. Thomas Donohue, President of the U.S. Chamber of Commerce, and other U.S. business leaders attending the APEC Business Summit.
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2008년 7월 4일 16:02
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