I. Advancing Regional Economic Integration

Pursuing Free and Open Trade and Investment

6. We reiterate the value, centrality and primacy of the multilateral trading system in promoting trade expansion, economic growth, job creation and sustainable development. We stand firmly together to strengthen the rules-based, transparent, non-discriminatory, open and inclusive multilateral trading system as embodied in the WTO.

7. We express our grave concern regarding the impasse in the implementation of the Trade Facilitation Agreement (TFA) which has resulted in stalemate and uncertainties over other Bali decisions. These developments have affected the credibility of the WTO negotiating function. In finding solutions to the implementation of the Bali decisions, APEC will exert creative leadership and energy together with all WTO members in unlocking this impasse, putting all Bali decisions back on track, and proceeding with the formulation of Post-Bali Work Program, as a key stepping stone to concluding the Doha Round.

8. We reaffirm our pledges against all forms of protectionism. We extend our standstill commitment through the end of 2018 and reaffirm our commitment to roll back protectionist and trade-distorting measures. We remain committed to exercise maximum restraint in implementing measures that may be consistent with WTO provisions but have a significant protectionist effect, and to promptly rectifying such measures, where implemented.

9. We acknowledge that bilateral, regional and plurilateral trade agreements can play an important role in complementing global trade liberalization initiatives. We will continue to work together to ensure that they contribute to strengthening the multilateral trading system. We underscore the importance of the negotiations to expand the product coverage of the Information Technology Agreement (ITA). A final ITA expansion outcome should be commercially significant, credible, pragmatic, balanced, and reflective of the dynamic technological developments in the information technology sector over the last 17 years, and contribute to the multilateral trading system. We welcome APEC's leadership in advancing the negotiations and call for swift resumption and conclusion of plurilateral negotiations in Geneva. We welcome the launch of negotiations on Environmental Goods Agreement (EGA) in July 2014 in Geneva. We encourage participants of the above initiatives to seek expanded memberships.

10. We welcome the significant progress made toward achieving the Bogor Goals. We will make every effort to achieve the Bogor Goals by 2020. We also welcome the biennial Bogor Goals review this year. We urge all economies, particularly developed ones to deeply consider the conclusions of the Report on APEC's 2010 Economies' Progress towards the Bogor Goals and the 2012 and 2014 Bogor Goals Progress Report, and to take more concrete actions towards attaining the Bogor Goals.

11. Recognizing APEC has a critical role to play in shaping and nurturing regional economic integration, we agree that APEC should make more important and meaningful contributions as an incubator to translate the Free Trade Area of the Asia-Pacific (FTAAP) from a vision to reality. We reaffirm our commitment to the eventual FTAAP as a major instrument to further APEC's regional economic integration agenda.

12. In this regard, we decide to kick off and advance the process in a comprehensive and systematic manner towards the eventual realization of the FTAAP, and endorse the Beijing Roadmap for APEC's Contribution to the Realization of the FTAAP (Annex A). Through the implementation of this Roadmap, we decide to accelerate our efforts on realizing the FTAAP on the basis of the conclusion of the ongoing pathways, and affirm our commitment to the eventual realization of the FTAAP as early as possible by building on ongoing regional undertakings, which will contribute significantly to regional economic integration, sustained growth and common prosperity in the Asia-Pacific region. We instruct Ministers and officials to undertake the specific actions and report the outcomes to track the achievements.

13. We welcome the establishment of a Committee on Trade and Investment (CTI) Friends of the Chair Group on Strengthening Regional Economic Integration (REI) and Advancing FTAAP, and urge the Friends of the Chair Group to continue its work. We agree to launch a collective strategic study on issues related to the realization of the FTAAP, and instruct officials to undertake the study, consult stakeholders and report the result by the end of 2016.

14. We endorse the establishment of an APEC Information Sharing Mechanism on RTAs/FTAs. We highly commend the work on the implementation of the Action Plan Framework on Capacity Building Needs Initiatives (CBNI), and endorse the Action Plan Framework of the 2nd CBNI. We instruct officials to design targeted and tailor-made capacity building activities to narrow the gap of the capacities of APEC economies to facilitate the eventual realization of the FTAAP.

15. In addition to the above, we reaffirm the role of APEC in addressing next generation trade and investment issues and sectoral initiatives, and agree to accelerate "at the border" trade liberalization and facilitation efforts, improve the business environment "behind the border", and enhance regional connectivity "across the border" to accumulate more building blocks for the realization of the FTAAP. Therefore, we:

-- reaffirm our commitment to reduce applied tariffs to five percent or less by the end of 2015 on the list of environmental goods that we endorsed in 2012 in Vladivostok. We call upon all economies to redouble their efforts in order to realize the economic and environmental benefits. We will instruct officials to report progress in achieving this ground-breaking commitment at our meeting next year in the Philippines. We welcome the work on capacity building on Environmental Goods (EGs) commitment implementation;

-- welcome the inaugural meeting of the APEC Public Private Partnership on Environmental Goods and Services (PPEGS) on renewable and clean energy trade and investment, and endorse the APEC Statement on Promoting Renewable and Clean Energy (RCE) Trade and Investment;

-- welcome the progress on exploring products which could contribute to sustainable and inclusive growth as part of our concrete commitment to rural development and poverty alleviation;

-- endorse the Action Agenda on Promoting Infrastructure Investment through Public-Private Partnership (PPP) and instruct officials to take concrete actions to strengthen cooperation on PPP to promote more robust and sustainable infrastructure investment and development in the APEC region;

-- welcome the Case Studies on Sustainable Investment in the APEC Region and encourage officials to consider and draw experience and good practices from the nominated cases to promote sustainable cross-border investment;

-- endorse the APEC Cross Border E-Commerce Innovation and Development Initiative and encourage economies to designate or establish Research Centers of Cross-border E-commerce Innovation and Development on a voluntary basis;

-- recognize that the effective protection and enforcement of IPR including trade secrets incentivizes and facilitates innovation and foreign direct investment and the dissemination of technology through licensing and partnerships;

-- endorse the APEC Action Agenda on Advertising Standards and Practice Development to promote alignment of advertising standards and reduce the cost of doing business across the region;

-- endorse the Asia-Pacific Region Automotive Industry Sustainable Development Declaration and welcome the outcomes of the 2014 APEC Regulatory Cooperation Advancement Mechanism (ARCAM) Dialogue on Electric Vehicle Standards. We welcome the APEC Actions to Promote the Widespread Usage of Electric Vehicles. (more)
Full text: The 22nd APEC Economic Leaders' Declaration (1)
Full text: The 22nd APEC Economic Leaders' Declaration (2)
Full text: The 22nd APEC Economic Leaders' Declaration (3)
Full text: The 22nd APEC Economic Leaders' Declaration (4)
Full text: The 22nd APEC Economic Leaders' Declaration (5)
Full text: The 22nd APEC Economic Leaders' Declaration (6)
Full text: The 22nd APEC Economic Leaders' Declaration (7)
Full text: The 22nd APEC Economic Leaders' Declaration (8)
Full text: The 22nd APEC Economic Leaders' Declaration (9)
Full text: The 22nd APEC Economic Leaders' Declaration (10)
Full text: The 22nd APEC Economic Leaders' Declaration (11)
Full text: The 22nd APEC Economic Leaders' Declaration (12)