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Apec Agreement

A second feature of APEC has been the adoption of the principle of concerted unilateralism as the main mechanism for trade liberalization. This process means that proposals are not formally negotiated. Each member brings to the annual APEC summit an internal offer of trade and investment liberalization measures, known as the Individual Action Plan (IAP) and which is not subject to serious negotiations. Nor should members approve the other`s plans to reduce trade barriers. This procedure, which is seen as an Asian approach, which emphasizes the positives and avoids disagreements or muted debates on concessions, will almost certainly not lead to a substantial movement towards APEC`s goal of fully eliminating all barriers to trade and investment by 2010 and 2020. APEC countries can apply to become members of the agreement by demonstrating that they have systems in place to assess the competence of engineers in accordance with international standards agreed in the APEC Engineering Agreement. This is often justified by the reference to « voluntary and non-binding » principles, guidelines and guidelines developed over many years by secret and undemocratic APEC committees. They include investment, competition, public procurement, structural adjustment, privatization, austerity, monetary regimes and more. Most of them were created by a combination of commercial agents from evangelical governments, as well as the Pacific Economic Cooperation Council (which brings together the private sector, academics, and officials « in their personal capacity ») and advisors from APEC`s study centers. They often include cooperation with the Asian Development Bank. World Bank, IMF and OECD. These examples of « good practice » are increasingly cited in text justification agreements or as a basis for future negotiations.

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