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Vietnam Today

Day 3 of APEC SOM 3 and related meetings ends

Released at: 15:28, 21/08/2017 APEC Viet Nam 2017

Day 3 of APEC SOM 3 and related meetings ends

At the "Implementing the APEC Electric Vehicles Roadmap" workshops 3 & 4. Photo: apec2017.vn

Eight APEC forums on August 20 shared views from APEC member economies on enhancing cooperation.

by Van Long

Eight APEC forums within the framework of APEC SOM3 were held on August 20 in Ho Chi Minh City: the Committee on Trade and Investment (CTI), the Sub-Committee on Customs Procedures (SCCP), the Sub-Committee on Standards and Conformance (SCSC), the Life Sciences Innovation Forum (LSIF), the Anti-Corruption and Transparency Experts’ Working Group (ACTWG), the Electronic Commerce Steering Group (ECSG) - Data Privacy Subgroup (DPS), the Experts Group on Illegal Logging and Associated Trade (EGILAT), and the Automotive Dialogue (AD).

Following the first meeting on August 19, the ACTWG focused on discussing topics related to wildlife trafficking, including two main issues: new momentum in combating corruption and ways to detect and disrupt wildlife trafficking using anti-money laundering and asset confiscation techniques. Participants also suggested potential solutions for international cooperation protocols or mutual assistance in combating wildlife trafficking.

The SCCP continued the second day of its three-day-meeting. Delegates shared experience in applying technology to risk management systems as well as intellectual property law in the rapidly evolving e-commerce landscape. Customs cooperation between APEC member economies and between SCCP and other APEC forums were also reviewed.

Building on the results of workshops on “The Impact of Government Policy Instruments on Promoting New Energy Vehicles’ and “Implementing the APEC Electric Vehicles Roadmap”, the AD meeting focused on market approaches and problems related to the automotive market, in particular the harmonization of standards and regulations and access to the automotive market.

Meanwhile, participants in the Data Privacy Subgroup’s meeting discussed the Cross-Border Privacy Rules (CBPR) System, shared outcomes from the implementation of CBPR and agreed on enhancing information sharing among CBPR members. Members also provided an update on APEC’s Privacy Framework as well as progress of the subgroup’s work plan. An overview of the Cross-Border Privacy Enforcement Arrangement (CPEA) and its benefits was also presented.

The CTI held a Workshop on Strengthening Transparency and Participation in the Process of Negotiation of Trade Agreements, aimed at promoting a better understanding of existing free trade agreements and regional trade agreements so as to facilitate the construction of a wide support base that enables such agreements to receive greater public approval and create greater benefits from regional economic integration.

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