Full text: The 22nd APEC Economic Leaders' Declaration(12)

16. We commit to further establish dedicated PPP centers in APEC economies, with a view to developing a regional network of PPP centers to share good practices. In the longer term, these centers can play an important role in supporting the establishment of an APEC-wide market for infrastructure financing. We also welcome the Implementation Roadmap to Develop Successful Infrastructure PPP Projects in the APEC Region and the Action Agenda on Promoting Infrastructure Investment through PPP.

17. We will develop, maintain and renew quality infrastructure, including energy, ICT and transport infrastructure and seek to increase the quality and sustainability of APEC transport networks; increase broadband internet access; promote sustainable energy security; and build resiliency into the energy infrastructure.

18. We will help facilitate the efficient and effective operation of maritime transportation and shipments, especially considering that a majority of maritime infrastructure development projects happen on a unilateral basis. We take note of several pathfinder initiatives where future cooperation could produce tangible results.

19. We will strengthen air transportation cooperation to boost robust trade and people-to-people connections, share experiences and good practices to promote efficiency and security of air connectivity

20. We note that ICT development has been a focus of APEC's work since its inception in 1989, as increased information sharing and improved communication technology allow for faster and reliable connections between people and organizations throughout the Asia-Pacific, facilitating trade and economic growth. We resolve to continue our efforts jointly in enhancing the access to ICT resources by using available technologies to reduce digital divide and increase greater connectivity in the region.

21. We resolve to tap into APEC's considerable potential in fostering future energy cooperation initiatives, especially in the areas of energy-related trade and environmental sustainability. APEC represents an ideal forum to explore this concept of expanded cross-border energy trade and renewable energy in a non-binding manner. We will further aspire to ensure quality electricity supply for all member economies.

Institutional Connectivity

22. Under Institutional Connectivity, we will strive to make progress in jointly addressing issues of trade facilitation, structural and regulatory reforms as well as transport and logistics facilitation, which are of critical importance to APEC as a regional forum.

23. We aim to modernize customs and border agencies and enable a whole-of-government approach in the development of regulations, including coordination across regulatory, standards, and trade agencies.

24. We support APEC's work to encourage each member economy to develop its own Single Window system by 2020 and we encourage efforts to promote international interoperability between Single Window systems and paperless trading.

25. We will further strengthen the initiatives under the APEC Supply-Chain Connectivity Framework Action Plan (SCFAP) by systematically improving supply chain performance through implementing a capacity building plan to assist economies in overcoming specific obstacles within the eight chokepoints of the SCFAP.

26. On regulatory coherence, we will implement initiatives that focus on regulatory cooperation through the sharing of best practices on regulatory issues. We note that industry dialogues are already well advanced in this process. The internet is a good and effective tool to help economies strengthen their implementation of good regulatory practices (e.g. ensuring internal coordination of regulatory work, assessing the impact of regulations, and conducting public consultations). Economies will further explore using internet-based tools to strengthen the implementation of good regulatory practices, including through the initiative on new actions APEC economies could take to strengthen the conduct of public consultations on proposed regulations in the Internet era.

27. Under structural reform, the APEC Ease of Doing Business (EoDB) Multi-Year Project (MYP) facilitates tailored capacity building activities to support economies in achieving the aspirational target of making it 25% cheaper, faster, and easier to do business. We aim to achieve these goals by harmonizing local policies with existing international agreements, and agree to consider the continuation of our work on the EoDB until 2020.

28. We commit to fostering transparency, safety, competition and better functioning markets, including e-commerce, in the Asia Pacific and aim to expand the application of secure and trusted ICT and e-commerce environment by 2025.

29. APEC needs to build a strategy to tackle the policy challenges raised by the Middle-Income Trap (MIT). Improving an economy's competitiveness, productivity levels and its regulatory environment for the ease of doing business can contribute to overcoming some of the issues that underpin the MIT.

People-to-people Connectivity

30. Under People-to-People Connectivity, we will strive to facilitate the movement of people across borders, and to facilitate the exchange of innovative ideas. As such, issues of business travel mobility, cross-border education, tourism facilitation, and skilled labor mobility will be addressed under this pillar.