Reports
Future-ready Growth in APEC: Unlocking New Drivers and Fortifying Resilience
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.
APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.
APEC has helped drive economic growth and cooperation across the Asia-Pacific by reducing trade barriers, improving the ease of doing business and strengthening connectivity among economies. These efforts have contributed to rising incomes, expanded trade and greater opportunities for businesses and communities across the region.
APEC has helped drive economic growth and cooperation across the Asia-Pacific by reducing trade barriers, improving the ease of doing business and strengthening connectivity among economies. These efforts have contributed to rising incomes, expanded trade and greater opportunities for businesses and communities across the region.
APEC brings together governments, businesses and stakeholders to collaborate on shared priorities. Explore opportunities to participate in events, contribute to initiatives and engage with APEC’s work across the region.
APEC brings together governments, businesses and stakeholders to collaborate on shared priorities. Explore opportunities to participate in events, contribute to initiatives and engage with APEC’s work across the region.
/cover_222_ec_15th-conference-on-good-regulatory-practice.tmb-h300.jpg?Culture=en&sfvrsn=7a9f5a66_1)
Proceedings
•November 2022
Download Report
366KB
Published Under
Economic Committee (EC)
Accessed
666
Pages
20
This report presents a discussion summary of the 15th Conference on Good Regulatory Practice (GRP 15) held in August 2022. The conference highlighted the application of good regulatory practices to mitigate the impacts of the pandemic and to accelerate post COVID-19 recovery, regulatory measures and reforms that facilitate the use of digital technology, and the use of GRP processes to support the transformation of the economy for swift, resilient, inclusive, green and innovative recovery.
This report puts forward five key recommendations for APEC economies: 1) review and evaluate their COVID-19 responses in terms of their necessity, proportionality, and impacts, as well as promote the sharing of lessons learned and good practices in crisis responses among APEC; 2) adapt traditional regulatory management tools to better accommodate unprecedented circumstances; 3) embed international regulatory cooperation (IRC) approaches into their domestic framework; 4) enable greater experimentation to promote innovation through the piloting of new tools such as regulatory sandboxes; and 5) promote the use of digital technologies in regulatory affairs.