2014-09-Beijing FTAAP seminarIn 2010, after three years of internal study and debate by officials and ministers, APEC leaders committed to taking 'concrete steps toward realization of a Free Trade Area of the Asia-Pacific (FTAAP).' Furthermore, they stated that 'an FTAAP should be pursued as a comprehensive free trade agreement by developing and building on ongoing regional undertakings, such as ASEAN+3, ASEAN+6, and the Trans-Pacific Partnership (TPP), among others.' China, as the host for APEC has chosen the goal of advancing regional economic integration as one of its major themes for 2014.

In conjunction with the 22nd General Meeting held in Beijing, PECC organized a high-level roundtable on the topic. The purpose of this workshop was to discuss the current literature on global value chains (GVCs) and regional trade agreements and how these might lead to shaping the future development of an FTAAP.

Keynote speech was delivered by Dr. Bayu Krishnamurti, Vice Minister of Trade of Indonesia. Mr. Chen Chao, the Director of APEC Division at the Ministry of Commerce of China briefed the participants of the ongoing APEC work on regional economic integration. Other speakers at the roundtable included: Dr. Patrick Low, Vice President of Research at Fung Global Institute; Dr. Shujiro Urata, Professor of Economics at Waseda University; Professor Lin Guijun, University of International Business and Economics, China; and Professor Inn Won Park, Korea University.

Click here for the program agenda and presentation slides

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Discussion Forum

Going It Alone in the Asia-Pacific: Regional Trade Agreements Without the United States
Peter A. Petri (PIIE), Michael G. Plummer (Johns Hopkins University and East-West Center), Shujiro Urata (Waseda University) and Fan Zhai (Former Managing Director, China Investment Corporation)

The Linkage between Services and Manufacturing in the US economy
Sherry M. Stephenson, Senior Fellow, International Centre for Trade and Sustainable Development

Digital DNA: Disruption and the Challenges for Global Governance
Peter F. Cowhey (University of California, San Diego), 
Jonathan D. Aronson (University of Southern California)

Growth in a Time of Change
Pamela Mar, Director of Sustainability, Fung Academy | Fung Group

Why Connectivity is a starting point for real change
Pamela Mar, Director of Sustainability, Fung Academy | Fung Group

The TPP lives on – and Canada should be part of it
Hugh Stephens, Vice-chair, CANCPEC

After the TPP: What’s Next for Canada in Asia?
Hugh Stephens, Vice-chair, CANCPEC