To support this exchange/assessment, the existing APEC comparison database on free trade agreements/free trade agreements/free trade agreements/free trade agreements has been updated and includes intra-APEC/ATF ATRs that came into force until 2015. APEC continues to work on free trade agreements and regional trade agreements (FTAs/RTA) in the region to promote regional economic integration. APEC has developed model measures for free trade agreements and free trade agreements to promote a coherent and coherent approach to the design and content of these agreements. The standard chapters on rules of origin and original procedures were approved by trade ministers in 2007. Modelling measures are indicative examples to give members a useful reference when negotiating the RTA/FTA chapters. We will continue to support the work underway in the WTO, including the necessary reform of the WTO to improve its functioning, and we will continue to work on appropriate capacity-building initiatives to implement WTO agreements. We call for rapid progress in the current WTO negotiations on fisheries subsidies. APEC members participating in Joint Reporting Initiatives (JSI) are calling for progress ahead of the 12th WTO Ministerial Conference (MC12), with recognition of the e-commerce initiative particularly important in supporting the re-establishment of COVID-19. To learn more about APEC meetings, events, projects and publications, visit You can also follow APEC on Twitter and join us on Facebook, LinkedIn. Rules of origin (ROO) are laws and regulations used in international trade to define where a product was manufactured.

Trade agreements are important for the implementation of trade policy instruments such as anti-dumping and countervailing duties, as well as under regional trade agreements (ATRs) and free trade agreements (FTAs). However, the globalization of the supply chain has made it increasingly difficult to determine the origin of a product, as the raw materials and parts used to make finished products come from around the world. The Committee on Trade and Investment (CTI) has therefore expressed its readiness to work towards harmonizing these rules among APEC member countries. The Heads of State and Government also officially presented the new APEC Putrajaya Vision 2040, which maps the future of the region. By 2040, heads of state and government envision an open, vibrant, resilient and peaceful Asia-Pacific community that will promote the prosperity of all human beings and future generations. We welcome the significant progress made under the Bogor objectives, including the final review of APEC`s progress in promoting trade and investment, and recognize the need for more to be done to create an environment conducive to trade and investment in the Asia-Pacific region.