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Advancing Free Trade for Asia-Pacific Prosperity

APEC
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Outcomes & Outlook
2011•2012

Introduction APEC Member Economies Outcomes: APEC United States 2011 2011 APEC Leaders Declaration: “The Honolulu Declaration - Toward A Seamless Regional Economy” Annex A: Promoting Effective, Non-Discriminatory, and Market-Driven Innovation Policy Annex B: Enhancing Small and Medium-Sized Enterprises Participation in Global Production Chains Annex C: Trade and Investment in Environmental Goods and Services Annex D: Strengthening Implementation of Good Regulatory Practices Outlook: APEC Russia 2012 Key Meetings in 2012 APEC Milestones About APEC Key Contacts

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Cover: “Solar Energy Panels”, by Reynaldo C. Mondez

INTRODUCTION
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Dear Stakeholders, APEC 2011, hosted by the United States, commenced as the Asia-Pacific region showed signs of recovery from the global financial crisis, although uncertainty remained. While the region is rising in influence and dynamism, APEC member economies continue to face heightened challenges, including those arising from a succession of natural disasters. Over the course of the year, these challenges served to galvanize APEC Leaders' resolve to work together to support strong, balanced and sustainable growth. Meeting in Honolulu, Hawaii in November 2011, APEC Leaders agreed to take concrete steps in three priority areas which are geared towards achieving a seamless regional economy. Specifically, the Leaders focused on strengthening regional economic integration and expanding trade; promoting green growth; and advancing regulatory cooperation and convergence . Under the agenda item strengthening regional economic integration and expanding trade trade in 2011, APEC addressed the “next-generation trade and investment issues” that future free trade agreements and an eventual Free Trade Area of the Asia Pacific should address. APEC agreed on ways to enhance the

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