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AsiaPacificEconomicCooperation
UNCTAD November 2002 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 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 APEC’s Digital Divide 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 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 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 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 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 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 e-APEC Strategy Uptake of e-commerce On-line transaction laws Elect
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