Final Review of the APEC Supply-Chain Connectivity Framework Action Plan 2017-2020 (SCFAP-II)
| Published Date | November 2021 |
|---|---|
| Type of Publication | Reports |
| Publication Under | APEC Secretariat, APEC Policy Support Unit |
| Accessed | 2864 |
| Pages | 98 |
| Download publication | Download |
Description
This report reviews the progress of the APEC Supply-Chain Connectivity Framework Action Plan 2017–2020 (SCFAP-II). SCFAP II addresses five major chokepoints in supply chains: (1) lack of coordinated border management, and underdeveloped border clearance and procedures; (2) inadequate quality of, and lack of access to, transportation infrastructure and services; (3) unreliable logistics services and high logistical costs; (4) limited regulatory cooperation and best practices; and (5) underdeveloped policy and regulatory infrastructure for e-commerce.
The progress of the SCFAP is assessed through a review of relevant external indicators, stocktaking reports of relevant APEC initiatives and voluntary case studies submitted by APEC member economies. It is important to note that the collection and results arising from some of the external indicators may have been adversely affected by disruptions caused by the COVID-19 pandemic. Hence, discretion should be used when evaluating the performance of chokepoints based on the indicators.
The review shows that as of 2019, APEC economies had generally performed well for chokepoints 1, 2 and 4, while performance for chokepoint 3 and 5 remained mixed. Moving forward, APEC economies may consider targeting their efforts on the following issues: improving resilience to ensure greater certainty; keeping trade costs low; improving interoperability and cooperation; improving investment in digital technologies; advancing supply chain visibility; and maintaining environmental sustainability.
The progress of the SCFAP is assessed through a review of relevant external indicators, stocktaking reports of relevant APEC initiatives and voluntary case studies submitted by APEC member economies. It is important to note that the collection and results arising from some of the external indicators may have been adversely affected by disruptions caused by the COVID-19 pandemic. Hence, discretion should be used when evaluating the performance of chokepoints based on the indicators.
The review shows that as of 2019, APEC economies had generally performed well for chokepoints 1, 2 and 4, while performance for chokepoint 3 and 5 remained mixed. Moving forward, APEC economies may consider targeting their efforts on the following issues: improving resilience to ensure greater certainty; keeping trade costs low; improving interoperability and cooperation; improving investment in digital technologies; advancing supply chain visibility; and maintaining environmental sustainability.