In a previous post (November 2011) this blog reported action by APEC to strengthen good regulatory practices, following the the Honolulu declaration, to assist member economies establish closer economic and trade relations.
In 2012, under the general objective of reinforcing "regulatory coherence" as listed as a priority in the Honolulu declaration, APEC implemented a capacity building project to conduct regulatory impact analysis (RIA) training for APEC developing economies. The project, developed by Australia, and co-sponsored by Australia, Mexico, New Zealand and the Russian Federation, involved a series of training courses and workshops in interested developing economies, aimed at senior economic ministry and regulatory officials. For background, see 2011 NZ proposal to APEC. The first training course was provided by the Australian Office of Best Practice Regulation, with assistance from Mexico and New Zealand, to approximately 60 Russian officials on 9 and 10 February in Moscow. Subsequently, New Zealand provided training to Thailand and Malaysia, Mexico provided training to Chile and Peru, and Australia provided training to the Philippines. In the last two weeks of August, Australia, New Zealand and Mexico jointly provided training to Hong Kong and Chinese Taipei (see attached photo), and conducted an information exchange with China. Australia and New Zealand then conducted a workshop on regulatory impact analysis in Vietnam. For a more recent expression of this APEC policy, see Kazan (Russia) meeting of APEC ministers in charge of Trade (June 2012).
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