Assessment of Achievements of the Bogor Goals in 2018

Assessment of the Achievements of the Bogor Goals in 2018

This assessment is comprised by 21 individual progress reports for each APEC member economy, as well as a collective progress report for the APEC region as a whole. The progress reports analyze all areas included in the Osaka Action Agenda. This assessment is complemented with a dashboard of quantitative indicators drawn from international organizations.

In general, progress has been achieved in several areas. For example, overall average tariffs have fallen; unilateral and negotiated services liberalization measures have been put in place in many sectors; measures to attract foreign direct investment are being implemented; cost and time to trade has been reduced; efforts towards improving the quality of regulations are ongoing; and the network of RTA/FTAs have continued its expansion.

However, the assessment also shows the need for continued improvement in a number of areas. For instance, tariffs in agriculture are still higher than those imposed on non-agricultural products; new emerging unilateral restrictions in services are appearing (e.g. on cross-border data flows); trade remedies have increased in recent years; and there is an accumulation of specific trade concerns in areas such as sanitary and phytosanitary measures.

The review is available in the following link:

APEC’s Bogor Goals Progress Report 2018

The dashboard of indicators is available in the following link:

APEC’s Bogor Goals Dashboard