Under the Lima Declaration, which was endorsed by Leaders last year, economies agreed to embark on work programs in areas including Rules of Origin (ROO). While much work has been done by APEC in the past on ROO, in areas such as self-certification, amidst the backdrop of changing business realities as well as the rise of modern global supply chains, more needs to be done to keep the pace in advancing work in ROO.
The proposed PPD will be held at the sidelines of the SCCP2 in Ho Chi Minh City in August, and will bring together private sector representatives, academics, as well as government officials, to share perspectives on the challenges as well as opportunities for ROO in the FTA context. The PPD aims to provide a platform for APEC customs officials and ROO negotiators to better understand the industry perspective on ROO, including the potential challenges faced by businesses in utilizing these rules. The PPD will also provide the opportunity for both businesses and government officials to expand on the discussions started in the FTAAP study, such as, the convergences and divergences in ROO found in FTAs in the APEC region.
Singapore envisions the PPD to be the first in a series of workshops and dialogues, with a view of implementing the work program on ROO as set out in the Lima Declaration. Future workshops and dialogues will expand upon the sharing of best practices by delving into specific areas.