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Committee on Trade and Investment  
Committee on Trade and Investment  

The Committee on Trade and Investment (CTI) is APEC's voice on global trade and investment issues. It is the coordinating body for all of APEC's work on Trade and Investment Liberalization and Facilitation (TILF), as directed by APEC Leaders and Ministers under the guidance of Senior Officials.

Working to reduce impediments to business activity in the areas outlined in the
Osaka Action Agenda, CTI provides a forum for APEC's 21 Member Economies to deliberate trade and policy issues. CTI oversees 10 sub-groups as well as four industry dialogues.

While it was established in November 1993 by the Declaration of an APEC Trade and Investment Framework, the scope of CTI's work was expanded and further clarified by the Osaka Action Agenda in 1995.

 

For 2008, CTI is focusing its work program on the Regional Economic Integration (REI) report that was endorsed by APEC Leaders in September 2007. At its first meeting in Lima in February, the Committee adopted, amongst other things, work plans with clear time frames, objectives and deliverables in three key areas: RTAs/FTAs, Trade Facilitation and Digital Economy and Strengthening IPR. A trade policy dialogue on aspects of the relationship between investment, trade in services and trade in goods was jointly organized by the Investment Experts Group (IEG), Group on Services (GOS) and Market Access Group (MAG) on 25 February 2008 in Lima. The points raised at the dialogue aimed to provide economies with preliminary ideas about the elements that go into making investment decisions and hence could facilitate the work on developing an Investment Facilitation Action Plan.

Some of the key highlights of the Committee's achievements in 2008 include::

  • Agreement on another three sets of model measures for RTAs/FTAs in the following areas: competition policy, environment and temporary entry of business people. The model measures were endorsed by the APEC Ministers for Responsible for Trade (MRT) at their meeting on 31 May to 1 June in Arequipa, bringing the total number endorsed by Ministers to thirteen.
  • Adoption of a set of Key Performance Indicators (KPIs) and reporting methodologies to measure the progress of implementing the agreed actions and measures in TFAPII for implementation by sub-fora collectively. The Committee also agreed as next steps, to commence work on trade logistics, starting with a Trade Policy Dialogue (TPD) in February 2009.
  • Development of an Investment Facilitation Action Plan for 2008-2010 (IFAP) for endorsement by MRT 2008 as mandated by AMM in Sydney. CTI also agreed on the next steps for carrying the IFAP forward including developing a work program on implementation of the actions in the IFAP as well as those related to methodologies to reporting progress for endorsement by Ministers Responsible for Trade in 2009.
  • Held a trade policy dialogue on docking or merging free-trade agreements (FTAs). The dialogue helped members to better understand the technical and policy issues as well as the findings of the studies undertaken by Peru and New Zealand of convergences/divergences of the market access, rules of origin, customs procedures, SPS, TBT, trade remedies and competition policy.
  • Held a trade policy dialogue on the effects of the rules of origin (ROOs) on trade. The dialogue helped members to better understand the challenges faced with differing interpretations for ROOs. CTI agreed to convene another trade policy dialogue in May 2009 to build on the ROO work that is undertaken in the Market Access Group.
  • Development of a preliminary work plan to advance work on CTI-related REI actions in 2009.

In 2007, APEC Ministers endorsed the 2007 Committee on Trade and Investment (CTI) Annual Report to Ministers, which provided an overview of CTI's work program in pursuit of advancing the Bogor Goals of free and open trade and investment in the Asia-Pacific region. Some key results:


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Current Activities

In the lead up to the November 2008 Ministerial and Economic Leaders? Meetings, the Committee continues to work on finalizing the texts of the model measures for trade in services; investment; anti-dumping; subsidies and countervailing measures; and safeguards. It l also continues its work towards finalizing an environmental goods and services (EGS) work program framework. The framework, which holistically addresses every aspect of the EGS sector will form the basis from which the EGS work program, as mandated by the Ministers Responsible for Trade meeting in Arequipa, will be developed.


Committee on Trade and Investment (CTI) - Key Contacts

Chair
Ms Mary Elizabeth Chelliah
APEC & Americas Division
Ministry of Trade and Industry
100 High Street #09-01
The Treasury
Singapore 179434
Email:
mti_apec@mti.gov.sg
Tel: (65) 6332 5748
Fax: (65) 6334 5848

APEC Secretariat
Special Assistant to CTI Chair
Ms Catherine Wong
Director (Program)
Email: cw@apec.org

CTI Coordinator
Mr Takashi Hattori
Director (Program)
Email: th@apec.org

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Further Information 

APEC Trade Facilitation Action Plan
The APEC Trade Facilitation Action Plan provides a framework and schedule for the implementation of actions and measures to meet APEC's trade facilitation objectives of substantially reducing transaction costs to business. It also includes a menu of concrete actions and measures developed by APEC Member Economies in consultation with the private sector to provide examples of the types of measures that each APEC Member Economy may wish to undertake.

Pathfinder Initiatives
APEC uses an approach known as Pathfinder Initiatives to enable groups of Member Economies to pilot the implementation of cooperative initiatives prior to their adoption by all APEC Member Economies. This approach allows APEC Member Economies who are ready and willing to commit to move faster in specific areas to do so and is seen as a way to invigorate progress towards the free trade and investment goals.

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CTI Events
CTI Publications
Shanghai Accord
APEC Trade Facilitation Principles (2001)
Leaders' Statement to Implement APEC Transparency Standards
Statement to Implement APEC Policies on Trade and the Digital Economy
Assessment of APEC Economies' Implementation of APEC Transparency Standards
Downloads
2007 CTI Annual Report to Ministers
(PDF,773 Kb)
Osaka Action Agenda 2002 Update
(PDF,251 Kb)
Second Trade Facilitation Action Plan (TFAP II)
(PDF,1052 Kb)
Trade Facilitation Action Plan
(PDF,301 Kb)
APEC's WTO Capacity Building Activities
(PDF,940 Kb)
External Related Links
APEC Individual Action Plans