Chart 3: Outline of the Osaka Action Agenda

Part One: Liberalization and Facilitation

Section A: General Principles

The following General Principles will be applied to the entire APEC liberalization and facilitation process:

  1. Comprehensiveness
  2. WTO-consistency
  3. Comparability
  4. Non-discrimination
  5. Transparency
  6. Standstill
  7. Simultaneous Start, Continuous Process and Differentiated Timetables
  8. Flexibility
  9. Cooperation

Section B: Framework for Liberalization and Facilitation

Action Process

  • Consultations will be held immediately after the Osaka Meetings on the preparation of the member economies' Individual Action Plans
  • Individual Action Plans will be submitted to the 1996 Ministerial Meeting in the Philippines
  • Overall implementation will begin as of January 1997
  • A regular review to assess progress in the implementation of member economies' Individual Action Plans
  • Revision of Individual Action Plans will be conducted
  • As necessary, Individual Action Plans will be supplemented and improved

Multilateral Actions
Overall Review

Section C: Actions in Specific Areas

  1. Tariffs
  2. Non-tariff measures
  3. Services
  4. Investment
  5. Standards and Conformance
  6. Customs Procedures
  7. Intellectual Property Rights
  8. Competition Policy
  9. Government Procurement
  10. Deregulation
  11. Rules of Origin
  12. Dispute Mediation
  13. Mobility of Business People
  14. Implementation of the Uruguay Round Outcomes
  15. Information Gathering and Analysis

Part Two: Economic and Technical Cooperation

Section A: Essential Elements

  1. Common Policy Concepts (goals, basic principles, and priorities in each specific area)
  2. Joint Activities
  3. Policy Dialogue

Section B: Economic and Technical Cooperation in Specific Areas

(Action Programs embodying the above-mentioned essential elements have been formulated as guidelines for the following 13 sectors and are annexed to and form an integral part of the Action Agenda, in which their essence is incorporated.)

  1. Human Resources Development
  2. Industrial Science and Technology
  3. Small and Medium Enterprises
  4. Economic Infrastructure
  5. Energy
  6. Transportation
  7. Telecommunications and Information
  8. Tourism
  9. Trade and Investment Data
  10. Trade Promotion
  11. Marine Resource Conservation
  12. Fisheries
  13. Agricultural Technology

Section C: Further Development of Economic and Technical Cooperation

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