Executive Summary

The Bogor Declaration made in the 1994 Summit meeting was spectacular achievement establishing in ultimate direction of the APEC progress. The goals of “free trade and investment in the region” clearly asks the member economies to make commitments to liberalize their trade and investment regime. Unfortunately, however, the progress to achieve the Bogor goals for the past 10 years has been so disappointing and undermined the momentum of the APEC process. He comes the importance of Bogor Goals. In spite of varying perception, it is the single most important goal of APEC cooperation.

Next session will be more on ASEAN summit in Singapore 1992. And will show its ASEAN free trade area as a framework of initial cooperation. The third session will be much more interesting, will report about Osaka Agenda 1995 its 3 pillars of action, Shanghai Accord 2001 on trade facilitation plan and the APEC meeting in Busan 2005 for mid term stock. The mid term stock relates to the Bogor Declaration of 1994. The Bogor Goals set out in the declaration underpin all APEC plans and actions. Specifically, all member economies have determined to realize free and open trade.

Table of Contents
1.0 Research into the original goals of forming APEC as an informal grouping
2.0 Include the resolutions of ASEAN Summit in Singapore in 1992 in launching an ASEAN Free Trade Area schedule as a framework of initial cooperation
3.0 Elaborate on the following landmark summits ;
3.1 The Osaka Agenda 1995 and its 3 pillars of actions
3.2 The Shanghai Accord 2001 on trade facilitation plan
3.3 APEC meeting in Busan, Korea 2005 for Mid Term stock takes of the programme
4.0 Assess and quantify the achievements and changes that have taken place in the Asia-Pacific regions in relation to its goals and targets set
5.0 Conclusion
6.0 Reference