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APEC DEREGULATION REPORT 2000 - INTRODUCTION

Deregulation Report 2000


CONTENTS

  1. AUSTRALIA
  2. BRUNEI DARUSSALAM
  3. CANADA
  4. CHILE
  5. CHINA
  6. HONG KONG, CHINA
  7. INDONESIA
  8. JAPAN
  9. KOREA
  10. MALAYSIA
  11. MEXICO
  12. NEW ZEALAND
  13. PAPUA NEW GUINEA (Not Available)
  14. PERU
  15. PHILIPPINES
  16. RUSSIA
  17. SINGAPORE
  18. CHINESE TAIPEI
  19. THAILAND
  20. USA
  21. VIET NAM

FOREWORD


The Osaka Action Agenda (OAA), announced by APEC Leaders in November 1995, requires a range of actions in the area of deregulation. APEC Senior Officials subsequently decided in 1996 to combine APEC’s work on competition policy and deregulation, given the important linkages between the two work programmes. The APEC Committee on Trade and Investment (CTI) is responsible for both areas.

An ongoing activity is the publication of annual reports detailing deregulation initiatives undertaken by member economies. To facilitate access to this information, the reports have been published on the Internet since 1997. The 2000 report contains the Deregulation sections of the 2000 Individual Action Plans (IAPs) which were endorsed by APEC Leaders at their meeting in November 2000. Each economy has outlined the reforms to its domestic regulatory regimes undertaken and those announced for the future.

Work on regulatory issues is key to achievement of the Bogor Goals – removal of tariff barriers is only part of the process. Regulatory and administrative barriers can increase business costs and reduce the benefits of cross-border trade and investment. The Asian financial crisis has further highlighted the importance of sound domestic regulation and the need to build capacity and institutions to support it.

The CTI hopes that the following report and its other work on deregulation will be of interest to the business community as APEC members continue progressively to reform their economies. The 2000 Deregulation Report should also be seen further evidence of APEC’s commitment to improving transparency and understanding of APEC economies’ regulatory regimes.

Joseph M Damond

Chair, APEC Committee on Trade and Investment

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