Project Title

2016 APEC Business Ethics for SMEs Forum: Facilitating Trans-Pacific Collaboration for Small and Medium Enterprises  

Project Year

2015   

Project Number

SME 01 2015A 

Project Session

Session 1   

Project Type

Standard 

Project Status

Completed Project   
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Project No.

SME 01 2015A 

Project Title

2016 APEC Business Ethics for SMEs Forum: Facilitating Trans-Pacific Collaboration for Small and Medium Enterprises  

Project Status

Completed Project 

Publication (if any)

 

Fund Account

APEC Support Fund 

Sub-fund

ASF: General Fund 

Project Year

2015 

Project Session

Session 1 

APEC Funding

121,940 

Co-funding Amount

437,196 

Total Project Value

559,136 

Sponsoring Forum

Small and Medium Enterprises Working Group (SMEWG) 

Topics

Small and Medium Enterprises 

Committee

SOM Steering Committee on Economic and Technical Cooperation (SCE) 

Other Fora Involved

 

Other Non-APEC Stakeholders Involved

 

Proposing Economy(ies)

United States 

Co-Sponsoring Economies

Australia; Brunei Darussalam; Canada; Chile; China; Indonesia; Japan; Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; Philippines; Russia; Singapore; Chinese Taipei; Thailand; Viet Nam 

Expected Start Date

01/11/2015 

Expected Completion Date

31/12/2016 

Project Proponent Name 1

Lynn Costa 

Job Title 1

Senior Trade Policy Advisor 

Organization 1

International Trade Administration, Department of Commerce 

Postal Address 1

1401 Constitution Ave NW, Washington, DC 20230, USA 

Telephone 1

1-202 4825428 

Fax 1

Not Applicable 

Email 1

Not Applicable 

Project Proponent Name 2

Not Applicable 

Job Title 2

Not Applicable 

Organization 2

Not Applicable 

Postal Address 2

Not Applicable 

Telephone 2

Not Applicable 

Fax 2

Not Applicable 

Email 2

Not Applicable 

Declaration

Lynn Costa 

Project Summary

The 2016 APEC Business Ethics for SMEs Forum will be APEC’s first capacity-building program to strengthen ethical practices hosted within a Latin American member economy. The two-day Forum will take place in Lima before the APEC SME Ministerial and focus on heightened trans-pacific collaboration on ethics, bringing together SMEs operating within and between Asian and Latin American economies to: showcase best practices and lessons learned, identify cultural nuances, address emerging challenges, and advance the implementation of harmonized codes of ethics across the entire Asia-Pacific region to support SME cross-border trade. This project directly aligns with several rank one funding criteria by: promoting SME development, supporting the multilateral trading system, fostering trade facilitation, and supporting the ease of doing business work stream. The project builds on the successful multi-year project, Business Ethics for APEC SMEs, which enjoys strong support from all 21 APEC economies and endorsement by APEC Leaders and Ministers.

Relevance

Relevance - Benefits to Region: Ethical business practices are at the heart of prosperous and sustainable economies. They are also vital to ensuring long-term, sustainable growth for small and medium enterprises. While significant improvements have taken place, primarily as a result of intense collaboration under the “Business Ethics for APEC SMEs” initiative, challenges remain within key sectors throughout the APEC region. These challenges, ranging from unethical interactions between stakeholders to the exertion of inappropriate influence in procurement, have significant consequences with much of the burden borne by SMEs. These consequences include elevated consumer distrust, unfair business conditions and/or inaccessible market opportunities, burdensome regulations, and non-harmonized standards across borders leading to elevated business costs and legal risks. As a result, many SMEs are unable to compete locally or engage in cross-border trade. Fortunately, APEC’s efforts to strengthen ethical practices in the medical device, biopharmaceutical and construction and engineering sectors since 2012 have built positive models that continue to strengthen the operating environment for SMEs. This includes the development of 19 new industry codes of ethics across 9 APEC member economies where they previously did not exist, expanding high-standard APEC Principles to nearly 14,000 companies (of which over 8,000 are SMEs).

Building on the substantial momentum generated by the “Business Ethics for APEC SMEs” initiative, as well as previous APEC Business Ethics Forums hosted by China (2014) and the Philippines (2015), the “2016 APEC Business Ethics for SMEs Forum: Facilitating Trans-Pacific Collaboration for Small and Medium Enterprises” will provide sustained benefits to hundreds of stakeholders across all 21 APEC member economies through capacity-building and collective action. These benefits will be directed to SMEs and their associations from developing member economies as APEC pursues universal adoption of sector codes of ethics by 2020. The event will serve as the first APEC capacity-building program to strengthen ethical practices within a Latin American member economy, enabling extensive SME contributions and participation from both hemispheres. Furthermore, with a keen focus on facilitating trans-pacific collaboration, the project directly supports SMEs currently operating or seeking to operate between Asian and Latin American member economies.

Feedback from member governments, industry associations and other stakeholders has revealed a strong need for APEC’s continued support of capacity building efforts that help SMEs and their associations implement new codes of ethics. By supporting this project, APEC demonstrates its commitment to calls by APEC Leaders and Ministers in 2014 to strengthen ethical business environments for the region’s SMEs.

Relevance - Rank: The project falls under four Rank 1 APEC Funding Criteria:

1. Promoting SMEs Development: The Forum will foster an external business environment and internal company environment that permits SMEs to operate on a sustainable basis and serve as global suppliers. The project’s unique emphasis on shared experiences and heightened collaboration between Asian and Latin American SMEs will also support SME development.

2. Supporting the Multilateral Trading System: The Forum addresses a major vulnerability in the multilateral trading system for SMEs. According to World Bank analysis, approximately $1 trillion is lost in the private sector each year as a result of corruption. SMEs suffer the greatest impact, with up to 25% of their annual operating capital lost to unethical practices.

3. Fostering Trade Facilitation: The Forum will facilitate development / alignment of codes of ethics to the high standard APEC principles, both within and beyond APEC member economies where SMEs are seeking to conduct business. For SMEs, regional convergence with the highest standards clarifies ethics rules and significantly reduces costs associated with cross-border ethics compliance, catalysing the facilitation of trade.

4. Ease of Doing Business: The Forum seeks to reduce the substantial resources that are lost or diverted by all companies, especially SMEs, to unethical business practices.

The project’s contribution to the underlying objectives for each of these Rank 1 criteria is significant, furthering APEC’s fundamental goal of economic integration via free and open trade and investment. The project is also linked to one Rank 2 APEC Funding Criteria (“Anti-corruption, good governance and transparency”) through its active inclusion of APEC governments and related stakeholders in support of advancing ethical business practices for SMEs. This supports APEC Leaders’ Growth Strategy.

Objectives

This project will facilitate trans-pacific collaboration by bringing together SMEs, their associations and other key stakeholders operating within and between Asian and Latin American economies to:

1) deliver capacity building and showcase best practices;

2) provide a forum to address cultural nuances and emerging ethical challenges; and

3) to advance implementation of the Nanjing and Manila Declarations, including the harmonization of codes of ethics across the entire Asia-Pacific region to strengthen SME cross-border trade.

Alignment

This project supports statements by APEC Leaders (2012 & 2014), APEC Ministers (2012-2014), APEC Ministers Responsible for Trade (2012-2014) and APEC SME Ministers (2010-2014) for measures that support the continued promotion of ethical business practices within APEC for interactions between governments, business and other stakeholders. It also addresses the call by the APEC Business Advisory Council (ABAC) for the business ethics work in APEC to be strengthened and institutionalized. It does so through the facilitation of comprehensive capacity-building trainings for hundreds of stakeholders while facilitating high-level dialogue between key stakeholders in the APEC region. This project directly supports implementation of the APEC Nanjing and Manila Declarations, endorsed by APEC Ministers and SME Ministers, which serve as a work plan to strengthen ethical business practices in the region through 2020.

The project is aligned with the SME Working Group Strategic Plan 2013 – 2016, which has the vision of promoting competitive, sustainable growth of SMEs and a mission of “enabling policy, business, and regulatory environment for SMEs and MEs” and “strengthening the participation and access to global markets for SMEs and MEs.” Unethical business practices serve as a detrimental barrier to achieving this vision for SMEs. As a result, APEC SME Ministers in 2014 called for the convening of the APEC Business Ethics for SMEs Forum on an annual basis to strengthen the ethical business environment for small and medium enterprises. This project meets this call and advances APEC’s proven efforts to remove this harmful barrier.

TILF/ASF Justification

This project substantially enhances the capacity building support extended to APEC developing economies to strengthen ethical business practices in sectors of crucial interest to SMEs. It convenes leading experts in ethics and compliance to assist developing economy governments, industries, and civil society groups:

a) Advance implementation of codes of ethics aligned with the high-standard APEC principles;

b) Address new and emerging business ethics challenges; and

c) Implement best practices that strengthen local training activities.

The project will also serve as APEC’s first capacity-building program hosted in Latin America to strengthen ethical business practices, strengthening participation from attendees of developing economies in both hemispheres. Multiple stakeholders from all APEC developing economies will be engaged for direct participation in the project. This includes governments, industry and civil society. The project’s extensive network of contributors throughout all 21 APEC economies ensures widespread engagement before, during and after the Forum.

Beneficiaries and Outputs

Outputs: The project will have several outputs/deliverables in accordance with the APEC Nanjing and Manila Declarations that are of great importance to SMEs in strengthening ethical business practices across all APEC economies. These include:

·a) New training and compliance resources/curriculum will be prepared on an in-kind basis (by Q2 2016) by the initiative’s expert mentor network and delivered on an in-kind basis by these mentors during the event to dozens of industry association leaders – who collectively represent thousands of SMEs, particularly in developing APEC economies – strengthening their capacity to locally implement the APEC Principles;

b) Workshop sessions for all sectors and stakeholder attendees dedicated to addressing new and emerging business ethics challenges facing SMEs and developing APEC economies. These session will develop new strategies to address these challengers locally for the benefit of SMEs;

c) New tools to advance the adoption of APEC Principles throughout the region will be discussed and refined by leading stakeholders during the event’s plenary session, including the elaboration of “consensus frameworks” for ethical collaborations between industry and professional organizations;

d) High-level plenary session to announce/facilitate new, multi-stakeholder collaborations and partnerships (within and between member economies) as call for in the Nanjing and Manila Declarations;

e) New strategies to advance implementation of the APEC Principles throughout the region will be discussed and refined by leading stakeholders during the event’s plenary session, including an assessment of lessons learned from local trainings held since 2014; and

f) A high-level call by APEC governments for continued regional action through APEC to advance ethical business practices among all stakeholders.

The project team is confident that these outputs will not only be absorbed by all developing APEC economies, but that they will generate significant positive change to the benefit of thousands of local SMEs. There is a strong system in place to ensure the sustainability of project outputs.

Outcomes: The project team expects this event’s outputs will have significant, immediate impact on the elaboration of industry, professional organization and related codes of ethics aligned with the APEC Principles and in accordance with the Nanjing and Manila Declarations. The elaboration of new codes is anticipated from the event’s outputs as a result of (A) holding the first capacity-building program in the Western Hemisphere, providing greater accessibility to organizations unable to attend previous business ethics events and (B) the initiative’s impressive focus on translating these outputs into concrete results through concerted follow-up. Since 2012, initiative events have fostered the development of 19 new industry codes. 

These outcomes will have a direct benefit on strengthening ethical business environments across APEC economies. The project team also anticipates the event’s positive developments will extend beyond APEC, with the initiative increasingly viewed as a model in many non-member economies. We also expect several new consensus frameworks and public-private partnerships to emerge from this event that will also have a major local and regional impact on strengthening ethical practices. As the first APEC ethics capacity-building program to be held in Latin America, the project team anticipates new trans-pacific collaborations (between SMEs and their industry associations) based in both hemispheres, elaborating best practices and facilitating cross-border trade. 

This event will also serve as an opportunity to identify the positive roles APEC governments can serve in supporting the elaboration of high-standard, voluntary codes of business ethics. Since 2014, the Business Ethics for APEC SMEs initiative has seen a significant uptake in actions by APEC member governments to strengthen local business practices in accordance with APEC Principles. There is an emerging need for identification of best practices in this area. 

Beneficiaries: The project team will collaborate with each APEC economy to encourage participation from the leaders and SME membership of industry associations as well as all other key stakeholders relevant to each focus sector (this includes health and infrastructure regulatory authorities, trade and economic authorities, anti-corruption authorities, professional organizations, and patient/consumer groups). Hundreds of invitations will be extended to senior-level attendees from these groups across all 21 APEC economies. We anticipate upwards of 200 attendees from all 21 APEC member economies will participate. Among these, we anticipate significant local and region-wide participation of SMEs within each target sector. Not only will SME participants and their industry associations benefit (for reasons already detailed) but so will all other relevant stakeholders with whom SMEs and industry interact. As the driving force behind SMEs in the APEC region, enhanced ethical business practices greatly benefit female entrepreneurs as well as female leaders from all affected stakeholders. Female leaders have served as the primary champions of APEC’s efforts to strengthen ethical practices since 2010 and will continue to do so under this project. The SMEWG, LSIF, HWG, ACT, and ABAC are all involved and/or supportive in the event’s recruitment of participants.

The project’s outputs will have many beneficiaries, both Forum attendees and non-attendees, including:

a) APEC industry association attendees and the thousands of small and medium enterprise member companies they represent in nearly all APEC member economies. Many of these industry association attendees will work for an SME as well. They will benefit from enhanced support by the region’s leading ethics and compliance experts in the implementation of codes of ethics and guidance to address new and emerging challenges in business ethics. While all APEC member economies will be well represented, this event will serve as the first APEC capacity-building opportunity for many SMEs and other organizations based in Latin America who were unable to participate in previous programming;

b) APEC governments through an expanded effort to confront corruption challenges in key sectors through the elaboration of codes of ethics and heightened focus on emerging ethical issues; and

c) Professional organizations through the elaboration of consensus frameworks with industry associations and SMEs.

d) Civil society and academia from expanded engagement with industry and government stakeholders to address shared challenges on ethical issues (patients, consumers, etc).

Dissemination

Participation in and outcomes from the 2016 APEC Business Ethics Forum will be communicated within APEC through in-person and electronic reports to the SMEWG and SME Ministers, ABAC, Life Sciences Innovation Forum (LSIF), Health Working Group (HWG), and Anti-Corruption & Transparency Working Group (ACT). Outside of APEC, electronic and in-person communications will be disseminated to hundreds of key stakeholders identified as critical to fostering ethical business environments. These include: 

a) Governments: Officials responsible for anti-corruption and health, relevant regulators;

b) Industries: Associations and their member companies in the three sectors where APEC has initiated business ethics work (medical devices, biopharmaceuticals, construction and engineering) and additional sectors where the Forum may initiate new work streams; and

c) Other key stakeholder: In the case of the healthcare industry, hospital, healthcare professional, and patient/consumer groups. 

The project team will utilize satellite websites established in 2015 to enhance dissemination of project outputs and other resources for stakeholders in each covered sector. These satellite websites are supported in-kind by stakeholders and serve as an on-going communication platform. An informal network of hundreds of local ethics champions and trainers contributing to this project from throughout the region will also continue to play a key role in the local dissemination of results/outputs. 

As with previous APEC Business Ethics Forums, we believe this project is worthy of significant media attention. In particular, the gathering of senior government leaders envisioned on the plenary session issuing a statement on key progress and advising on next steps to strengthen ethical business practices will likely draw significant interest. The project team will coordinate with the APEC Public Affairs team, host economy, and other stakeholders to appropriately disseminate project outputs through the media in 2016.

Gender

We will proactively seek balanced representation by men and women in both the project’s agenda and among target Forum attendees. This includes taking an equitable approach to the selection of mentorships and speakers as well as during the recruitment process. This approach has enable APEC’s business ethics programs to achieve gender balance each year since 2010. We are confident there will be robust participation by both genders in the event, particularly those leading industry and government organizations of great importance to SMEs. Women play a particularly important role in the success of APEC SMEs and benefit tremendously from the project’s efforts to strengthen ethical business practices within and between APEC member economies. 

It is also important to note that women are vital contributors to the project team as well as the extensive network of ethics champions supporting this effort. Women from all 21 APEC member economies have actively participated in the APEC SME business ethics work to-date and will continue to do so under this project. Many of the most active project contributors are also women; from mentors/leaders within industry groups working with SMEs in Australia, Canada, Chile, China, Hong Kong, Indonesia, Korea, Malaysia, Mexico, New Zealand, Peru, Philippines, Thailand, United States and Vietnam to government leaders supporting SMEs in all 21 APEC economies. It should be noted that the Project Overseer is a woman.

Work Plan

Objective/Ouputs

Timing

How will be implemented

Member economies involved

Beneficiaries involved

Others involved

Finalize Forum two-day structure

November-December

By Project Overseer & Multi-Sectoral Support Team

Multi-sectoral representatives from many APEC economies

N/A

Others to provide inputs

Identify leads for working-level sectoral sessions and high-level plenary

January-February

By Project Overseer & Multi-Sectoral Support Team

Multi-sectoral representatives from many APEC economies

Identified leads for sessions and plenary

Others to provide inputs

Confirm Forum timing and venue

January-February

By Project Overseer and Host Economy

United States and Peru

N/A

N/A

Identify target attendees and circulate save-the-dates.

March-April

By Project Overseer & Multi-Sectoral Support Team

Multi-sectoral representatives from many APEC economies

Forum attendees will be identified and receive save-the-date notices

Others to provide inputs

Finalize Key Deliverables for the Forum

May

By Project Overseer & Multi-Sectoral Support Team

Multi-sectoral representatives from many APEC economies

N/A

Others to provide inputs

Refine Forum Agenda & Recruit Attendees

June-August

By Project Overseer & Multi-Sectoral Support Team

Multi-sectoral representatives from many APEC economies

N/A

Others to provide inputs

Hold 2016 APEC Business Ethics for SMEs Forum in Peru

September

By Project Overseer, Host Economy & Multi-Sectoral Support Team

All member economies and relevant stakeholders within each APEC economy

All member economies and relevant stakeholders within each APEC economy

N/A

Dissemination of Forum outputs

September-October

By Project Overseer, Multi-Sectoral Support Team, and Network of Ethics Champions

All member economies and relevant stakeholders within each APEC economy to receive outputs

All member economies and relevant stakeholders within each APEC economy to receive outputs

N/A

Risks

Risk

Management strategy

Inability to secure host venue for Forum in Lima, Peru ahead of SME Ministerial or venue-related logistical challenges

Project team will closely liaise with host economy to pursue ideal scheduling and venue issues. We will identify several partners with capability to host the Forum.

Lack of interest of target participants from select APEC economies

Project has received overwhelming support from every APEC economy. Strong recruitment will address any gap stemming from limited interest. We do not anticipate extended distance between Lima and many Asian capitals will negatively impact participation.

Schedule conflicts from sought speakers, experts or trainers

Project has a substantial pool of the world’s highest quality speakers, experts and trainers on ethics issues. Enhanced recruitment will overcome scheduling conflicts that arise for target attendees.

Program coordination between multiple sectors

The Project Overseer and support team have substantial experience in balancing the needs of multiple sectors to ensure all objectives are met.

Monitoring and Evaluation

The initiative already has an extensive monitoring and evaluation program in place and will continue beyond the life of this project to ensure the objectives are met and exceeded. Key, ongoing indicators of success include (A) progress among industry associations in drafting/adopting codes aligned with APEC Principles (this includes assessing code strength, such as governance and member implementation), (B) the implementation of these codes through APEC-supported and localized trainings, (C) the number of new collaborations between trainers/mentors and trainee associations/companies, and (D) implementation of the strategic goals and activities indicated in the Nanjing and Manila Declarations. As this project carries these same objectives, they will remain key indicators of success. However, as this work builds on previous efforts, there are several additional indicators that will confirm this project is tracking well and meeting its objectives. This includes (A) the development, endorsement and local implementation of new consensus frameworks for ethical collaboration, (B) an improved understanding of new and emerging issues in business ethics, (C) heightened collaboration on these emerging issues post-Forum, and (D) expanded engagement from new government, physician and civil society stakeholders. The initiative may also develop indicators on how APEC governments can positively supporting the local elaboration of codes of ethics as well as how each sector is effectively managing ethical relationships with third party intermediaries.  Assessment for all of these indicators through regular surveys will include gender impact. 

To ensure the project is successful in all of these efforts, extensive online and phone surveys will be conducted with all industry associations before and after the event. The surveys will also include outreach to government officials and civil society groups. Post-event evaluations are also conducted onsite by participants. There will also be significant, ongoing collaboration among the multi-sectoral network of ethics champions, with contributors providing regular status updates to the project overseer on the achievement of key objectives. This network of hundreds of ethics champions (operating within and between all APEC member economies) will ensure sustained local and multi-lateral capacity building irrespective of the project team’s efforts. The project team plans to continue sustained monitoring and evaluation in collaboration with the self-sufficient network of ethics champions. We do not anticipate a reduction in sustained follow-up efforts following the project.

Linkages

This initiative has enjoyed strong support and involvement from numerous APEC fora since 2010 beyond the APEC SME Working Group. This includes the APEC Business Advisory Council (ABAC), APEC Life Sciences Innovation Forum (LSIF), APEC Health Working Group (HWG) and APEC Anti-Corruption and Transparency Working Group (ACT). Each of these sub-fora has indicated the importance of strengthened business ethics in the APEC region and the project team will continue to coordinate with them in 2016.

This project will also leverage hundreds of organizations already engaged with the APEC ethics initiative across the region and around the world. This includes multiple government agencies from all 21 APEC economies, nearly 80 industry associations (who represent more than 14,000 large, medium and small enterprise member companies) and hundreds of professional and civil society organizations (ranging from academic institutions to healthcare professional and hospital associations). The project will support the continued involvement of these entities as well as engage with dozens of new organizations.

This project builds on the significant advances achieved under the multi-year Business Ethics for APEC SMEs initiative, as well as the 2014 and 2015 APEC Business Ethics for SMEs Forums, while maintaining its own specific objectives and deliverables. The business ethics work to-date has focused on (A) establishing APEC Principles for voluntary codes of ethics in sectors of key importance to SMEs, (B) supporting SME industry groups to create codes of ethics for the first time in alignment with APEC Principles, and (C) to provide training to local ethics champions via a train-the-trainer program establishing a network of ethics champions. Feedback from all key stakeholders contributing to or benefiting from this multi-year project, especially SME industry groups, indicates that further training is essential to code implementation and that guidance remains crucial to new/emerging issues in ethical business practices. This project also advances the Nanjing and Manila Declarations, endorsed by APEC Ministers and APEC SME Ministers in 2014, by supporting the achievement of their specific goals and activities. This includes a central recommendation to hold an annual APEC Business Ethics for SMEs Forum within the APEC host economy through 2020.      

A continuous, highly coordinated effort among hundreds of stakeholders throughout APEC’s 21 member economies ensures there is no duplication between this project and other APEC activities. Furthermore, there remains no other innovative project like this occurring in the region – or anywhere in the world – so there is minimal risk of duplicating the efforts of non-APEC fora. APEC is the perfect home for this project as evidenced by the successes achieved to-date. The organization is unmatched in its ability to convene stakeholders on sensitive subjects, like business ethics, and to provide an effective platform for the harmonization of high-standard principles that advance mutual economic interests. There remains no better home to build upon the successes achieved from previous APEC Business Ethics for SMEs Forum or to confront emerging business ethics issues for the region’s stakeholders. APEC is also an effective platform to capture unique cultural approaches and to convene economies in different stages of developing initiatives that strengthen ethical business practices.

Sustainability

APEC’s activities to strengthen ethical business practices have, and will continue to have, a major impact on member economies past 2016. Upon this project’s completion, after APEC’s allotted funding is utilized, the positive impacts will be observed starting in the first year that follows in several ways:

1) Trainings will impart the latest best practices and local strategies to advance code implementation in all 21 economies, led by each industry association, having a lasting impact on thousands of the region’s SMEs by removing key barriers generated by unethical business practices.

2) The local elaboration of “consensus frameworks” for ethical collaboration across APEC member economies. This will be led by all key stakeholders within each economy to implement a framework that utilizes the APEC model while customizing to the appropriate local environment.

3)  A catalyst for the local elaboration of codes of ethics aligned with the APEC Principles across Latin America, which has yet to host an APEC business ethics program, with many stakeholders indicating an interest to attend who have been unable in previous forums.

There is a strong framework in place to ensure stakeholders and beneficiaries are supported to carry forward the results and lessons learned from the project. First, this effort is supported by a strong private-public partnership and network of hundreds of ethics champions covering all 21 APEC economies. Second, it enjoys robust involvement from senior government leaders, industry and civil society. These stakeholders have a strong interest to ensure the 2016 APEC Business Ethics Forum meets its specific objectives and project outputs are deployed within and between each APEC economy. This commitment is demonstrated through the dedication of substantial in-kind resources from numerous stakeholders across each member economy. Third, the initiative’s comprehensive monitoring program will also continue, tracking efforts to ensure project outputs are undergoing implementation an economy-by-economy basis. Lack of progress is reported to APEC governments for localized action.  Fourth, there will be a concerted effort to build upon the project’s outputs through a continued call for regional cooperation to implement the APEC principles, heightened multi-sectoral collaboration, and expanded efforts that address new and emerging issues in business ethics. The project will facilitate APEC’s continued leadership in this effort while implementing the Nanjing and Manila Declarations.

There are several next steps to build on project outcomes:

a) Advance implementation of the APEC Principles among all relevant industry associations in the APEC region and work towards a majority of these associations’ member enterprises having implemented a code of ethics (consistent with their association) by 2017;

b) Support and monitor progress of local training programs for SME members for each industry association;

c)  Develop a mechanism for continued regional collaboration among all stakeholders, especially SMEs, on addressing new and emerging business ethics issues;

d)  Continue APEC’s role in serving as ongoing platform for collaboration among all stakeholders to advance ethical business practices in sectors of key importance to SMEs. This includes plans to hold the APEC Business Ethics Forum on an annual basis through 2020. Each meeting will continue to build on progress from the last and report on efforts to implement previous project outputs within all APEC economies; and

e) Secure universal adoption of the APEC Principles by Latin America’s regional industry associations in the medical device and biopharmaceutical sector by the end of 2016 and for eventual uptake by local associations and their member enterprises across Latin America. Building linkages in this effort with regional industry associations in Asia who have or are adopting a code of ethics also harmonized with the APEC Principles.

Project Overseers

The Project Overseer will be Ms. Lynn Costa, Senior Trade Policy & APEC Advisor of the International Trade Administration, U.S. Department of Commerce. She will serve as the main point of contact and manager of the project.

Ms. Costa oversees numerous projects that help build open and transparent business climates around the world to facilitate the movement of goods and services between economies. She served as the lead negotiator in the Doha Non-Agricultural Market Access (NAMA) sectoral negotiations in Geneva, Switzerland from 2002-2008 and serves as the senior development specialist for Commerce.  Ms. Costa has extensive experience in delivering large-scale trade development programs around the world for the Center for International Private Enterprise (CIPE), an affiliate of the U.S. Chamber of Commerce. As CIPE’s Program Officer for Training her work focused on commercial privatization, business association advocacy, corporate governance, economic journalism, women’s’ leadership, corruption, democratic governance and the informal sector/property rights in developing economies.  Lynn has also served as the Senior Government Relations Officer for Princeton Technologies, Inc. where she was instrumental in negotiating large private contracts with foreign and domestic firms. Ms. Costa has a Bachelors Degree in Political Science from George Mason University and a Masters in International Commerce and Policy from George Mason’s School of Public Policy in Fairfax, Virginia.

Ms. Costa has served as the Project Overseer of the Business Ethics for APEC SMEs Initiative since its launch in 2010, leading the preparation and execution of seven programs across the APEC region and engaging with thousands of attendees and other external stakeholders. She is expert in the subject matter of this project.

Cost Efficiency

Not Applicable.

Drawdown Timetable

Not Applicable.

Direct Labour

Not Applicable.

Waivers

a) A waiver is requested for business class travel for experts, government or non-government, if the expert required is critical to reaching an optimal outcome or if medically advisable. Business class travel for experts will be approved on a case-by-case basis by the Program Director during the project’s implementation. This approval will only be issued if the experts travel exceeds 12 hours (airport to airport), there are sufficient funds in the budget, and/or (as appropriate) medical certification is provided by experts claiming it is medically advisable.

b) A waiver is requested for advance payment of travel funds to participants from travel-eligible economies and to expert attendees.

c)  A waiver is strongly request for APEC funds to cover simultaneous interpretation expenses, not to exceed $2,500/day ($5,000 total). This waiver is sought under exceptional circumstances since many key speakers, experts and priority attendees from Peru, Mexico and Chile may have limited English capabilities. These individuals are viewed as highly essential, without alternatives and will help achieve the event’s primary theme. Furthermore, the benefits of simultaneous translation from Spanish to English will benefit attendees from all 21 APEC economies as best practices are exchanged with clarity. We understand that this waiver request is subject to the guidelines set in Paragraph 9-8 of the Guidebook and may be approved only under exceptional circumstances. We believe this is an exceptional case. We hope this waiver request serves as strong justification to the Program Director in charge during the project’s implementation.

d) A wavier is requested that in the event APEC funds are denied to cover simultaneous interpretation expenses, the $5,000 designated for this category be transferred to “Hosting – Venue & Related Expenses” as there is a possibility the Unit Rate will exceed the $12,500 per day for this category.

Are there any supporting document attached?

No 
Attachments
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Version HistoryVersion History

Project No.

Project Title

Project Status

Publication (if any)

Fund Account

Sub-fund

Project Year

Project Session

APEC Funding

Co-funding Amount

Total Project Value

Sponsoring Forum

Topics

Committee

Other Fora Involved

Other Non-APEC Stakeholders Involved

Proposing Economy(ies)

Co-Sponsoring Economies

Expected Start Date

Expected Completion Date

Project Proponent Name 1

Job Title 1

Organization 1

Postal Address 1

Telephone 1

Fax 1

Email 1

Project Proponent Name 2

Job Title 2

Organization 2

Postal Address 2

Telephone 2

Fax 2

Email 2

Declaration

Project Summary

Relevance

Objectives

Alignment

TILF/ASF Justification

Beneficiaries and Outputs

Dissemination

Gender

Work Plan

Risks

Monitoring and Evaluation

Linkages

Sustainability

Project Overseers

Cost Efficiency

Drawdown Timetable

Direct Labour

Waivers

Are there any supporting document attached?

hdFldAdmin

Project Number

Previous Fora

Secretariat Comments

Reprogramming Notes

Consolidated QAF

Endorsement By Fora

PD Sign Off

Batch

Forum Priority

Committee Ranking Category

Committee Priority

PDM Priority

Priority Within Funding Category

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