Appendix 5 - Annex A: APEC trade facilitation achievements

Appendix 5 - Annex A: APEC trade facilitation achievements

  • Faster customs clearances

Faster customs clearances through direct electronic communication with Customs authorities without paperwork.

  • More consistent customs valuations

Standard procedures for more consistent and transparent customs valuations of traded goods.

  • Expanded E-commerce and paperless trading

Improved electronic access to markets for business and commitment to a goal of paperless trading by 2005 for developed and 2010 for developing economies, or as soon as possible thereafter.

  • Simplified business travel

Simpler business travel with multiple entry visas, internet visa information and visa-free short-term entry via APEC Business Travel Card.

  • Alignment of standards for food, electrical, machinery and rubber products

Alignment of domestic standards with international standards for goods such as radios, televisions, videos, refrigerators, air-conditioners, rubber gloves and food labelling, by 2005.

  • Lower cost of trade in electrical equipment

Lower cost of trade in electrical goods such as computers, toasters, televisions, radios and power-tools through a single test for conformity assessments.

  • Lower cost of trade in telecommunications equipment

Lower cost of trade in telecommunications goods such as phones, faxes, modems, PABXs and radio transmitters worth an estimated $US 50 billion per year, through a single test for conformity assessments.

  • Simplified sales of telecommunications services

Simplified negotiation of telecommunications contracts and easier commercial access to telecommunications networks.

  • Less risk for investment in energy infrastructure

Better informed investment decisions in energy infrastructure through the Manual of Best Practice Principles for Independent Power Producers and the Natural Gas Initiative.

  • Market access information for architects, engineers and accountants

Instant market access information for architects, engineers and accountants.

  • Less waste in fresh seafood trade

Less wastage and shorter transport times for fresh seafood.

  • Better Y2K preparedness

Transparent Y2K preparedness, risk assessment and contingency planning.

  • Market access information

Internet access to information on tariffs, investment, e-commerce, intellectual property, business travel, government procurement, business opportunities, marine ports and labour markets.

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