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Ninth Ministerial Meeting
(Vancouver, Canada, Nov
21-22, 1997)
APEC MINISTERIAL STATEMENT ON MEMBERSHIP November
1997
Asia-Pacific Economic Cooperation (APEC) is an Asia-Pacific regional
forum. It is an open forum in terms of its membership and guest participation.
Since its formation in 1989 APEC has:
- expanded its original membership of 12 by 50% to 18;
- undertaken to admit a limited number of new members not later than
1999;
- approved an arrangement by which non-members can be granted guest
status in APEC Working Groups;
- approved over 30 applications for guest status by non-members.
In addition, under its information policies, APEC publishes, or makes
publicly available, all key documents, decisions and statements.
While APEC has not set a permanent ceiling on the number of members,
it will remain limited in size both on account of its Asia-Pacific regional
character and because of the need for the group to remain manageable and
effective.
Within the overriding considerations of open regionalism and of remaining
manageable and effective in size, APEC has adopted the following guidelines
to assist in considering the admission of additional members:
- an applicant economy should be located in the Asia-Pacific region;
- an applicant economy should have substantial and broad-based economic
linkages with the existing APEC members; in particular, the value of
the applicant's trade with APEC members, as a percentage of its international
trade, should be relatively high;
- an applicant economy should be pursuing externally oriented, market-driven
economic policies;
- an applicant economy will need to accept the basic objectives and
principles set out in the various APEC declarations, especially those
from the Economic Leaders' meetings;
- a successful applicant will be required to produce an Individual Action
Plan (IAP) for implementation and to commence participation in the Collective
Action Plans across the APEC work programme from the time of its joining
APEC.
Decisions on the admission of additional members to APEC require a consensus
of all existing members.
Annex
to the Ministers' Joint Statement Early Voluntary Sectoral Liberalization
JOINT STATEMENT
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