Report on APEC Work on Services and Baseline Indicators

The Policy Support Unit prepared this report in response to the request of the 2015 Chair of the Senior Officials’ Meeting to conduct a study evaluating APEC’s work on services and to propose baseline measures and relevant indicators for services trade in the region. The report is organized into three parts: The first part assesses services-related projects and programs across relevant APEC committees and working groups and reflects on how to improve the governance of services work in APEC; the second part proposes various services trade indicators and divides them into two groups – those that provide measurement of services trade in APEC and those that pertain to regulatory conditions that facilitate services trade; and finally, the last part provides some recommendations relating to the governance structure of services in APEC and towards improving services trade indicators so as to facilitate the future review of services. Database of baseline indicators and measures collected by PSU is also appended.