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Definitions (250)
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Best Practices
Methods or techniques that have consistently shown results superior to those achieved with other means, and that are used as a benchmark. The term is often used to describe the process of developing a [..]
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Bogor Goals
APEC goals for trade and investment liberalization which were defined at the APEC Leaders’ Meeting in Bogor, Indonesia in 1994. According to Bogor Goals, APEC is to achieve free and open trade and inv [..]
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CAPACITY BUILDING
A subject of the APEC Economic and Technical Cooperation (ECOTECH) program which aims to help APEC’s developing member economies achieve APEC’s goals of the trade and investment liberalization.
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competition policy
The objective of competition policy is to ensure that competition in the market is not restricted in a way that might cause damages to society. The endorsement and implementation of competition policy [..]
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Consensus
One of the most important operating principles of APEC cooperation that was defined clearly in the Seoul Declaration (1991). It is based on the “commitment to open dialogue and consensus-building, wit [..]
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convenor
A person who leads a group (or subgroup) and who works directly under the Committee for Trade and Investment (CTI), Under the SOM Steering Committee on ECOTECH (SCE) and Economic Committee sub fora ar [..]
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Digital economy
An economy that develops based on the application of information technology. At the APEC Economic Leaders’ Meeting in Mexico, November 2002, Leaders announced the “Statement to Implement APEC Policies [..]
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Economy
The word 'economy' is used to describe an APEC member because the APEC cooperative process is predominantly concerned with trade and economic issues, with members engaging with one another a [..]
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ELECTRONIC COMMERCE
A term used to indicate the implementation of trading transactions based on electronic devices, particularly the Internet and WWW (World Wide Web – webpages or website). Examples include the display o [..]
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Food security
Refers to the availability of sufficient and affordable supplies of food needed for the region’s population to enjoy productive lives. APEC members are working to foster the development and growth of [..]
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