Project Title

Symposium on how FTAs and RTAs can Contribute towards Economic Growth 

Project Year

2018   

Project Number

CTI 03 2018A 

Project Session

Session 1   

Project Type

Standard 

Project Status

Project in Implementation   
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Project No.

CTI 03 2018A 

Project Title

Symposium on how FTAs and RTAs can Contribute towards Economic Growth 

Project Status

Project in Implementation 

Publication (if any)

 

Fund Account

APEC Support Fund 

Sub-fund

ASF: Free Trade Area of the Asia-Pacific and Global Value Chains (FTAAP and GVCs) 

Project Year

2018 

Project Session

Session 1 

APEC Funding

61,560 

Co-funding Amount

Total Project Value

61,560 

Sponsoring Forum

Committee on Trade and Investment (CTI) 

Topics

Trade Facilitation 

Committee

Committee on Trade and Investment (CTI) 

Other Fora Involved

 

Other Non-APEC Stakeholders Involved

 

Proposing Economy(ies)

Papua New Guinea 

Co-Sponsoring Economies

Australia; China; Indonesia; Japan; New Zealand; Peru 

Expected Start Date

01/02/2018 

Expected Completion Date

30/11/2018 

Project Proponent Name 1

Richard Yakam 

Job Title 1

First Assistant Secretary - Trade 

Organization 1

Department of Trade, Commerce and Industry 

Postal Address 1

P O Box 375, Waigani, National Capital District, Papua New Guinea 

Telephone 1

675 3256099 

Fax 1

Not Applicable 

Email 1

richard.yakam@dci.gov.pg 

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

Richard Yakam 

Project Summary

This project will be a half day symposium in SOM3. The symposium will be as part of the information sharing mechanism on FTAs/RTAs on a SOM-level. The participation of Senior Officials in the symposium will be sought. The symposium seeks to enhance member economies understanding on how trade, especially through FTAs/RTAs, when conducted in a manner that is mutually advantageous, can have a positive impact on an economy. 

In most economies, trade has contributed to economic growth and the reduction of poverty. However, in some economies trade has also been attributed to increasing inequality in some sectors. Some empirical evidence suggests that trade agreements contribute to growth and poverty alleviation at the macro level. However, there are circumstances, e.g. when rules are negotiated in the FTAs/RTA, they are not implemented, - where the negative impact of trade becomes more acute to various segments of an economy. 

This symposium will be an experience sharing activity and economies will be invited to discuss practical measures which they have implemented to ensure that trade contributes to economies growth, and where domestic structural reform results from implementation of FTAs/RTAs can also contribute to achieving benefits from trade. The symposium will also provide a platform for economies to share policy ideas to identify how trade and international cooperation more broadly, can support a more inclusive economic environment.

Relevance

Relevance – Region: The project seeks to enhance member economies’ understanding about how to maximize the benefits from FTAs/RTAs towards more inclusive growth within their domestic economies. Trade growth through FTAs/RTAs has not impacted all member economies in the same way. Some APEC economies have had limited or no exposure to FTAs/RTAs, while other APEC economies are parties to many FTAs/RTAs. Even among those economies with vast FTA/RTAs, the outcomes from each can be different. Sometimes, implementation of FTAs/RTAs can result in non-mutually advantageous outcomes or benefits that do not materialize in the manner expected. 

Relevance – Eligibility: This project fits the funding criteria for the APEC Support Fund on FTAAP and GVCs, as it directly supports information sharing and capacity building for developing economies to negotiate or implement comprehensive and high-level FTAs/RTAs. The project will be conducted as a symposium on RTAs/FTAs which is one of the important activities of the FTAs/RTAs information sharing mechanism as described under the Beijing Roadmap, and hence meets the eligibility criteria of the FTAAP and GVCs sub-fund. 

Relevance – Capacity Building: The sharing of experiences helps developing economies build their capacity to better position them in identifying key areas for structural reforms that can positively impact and increase benefits to be derived from FTAs/RTAs such as job creation, market access, investments, and opportunities for SMEs and MSMEs which are some of the areas that economies are able to maximize positive gains through their participation in FTAs and RTAs.

Objectives

It is expected that the SOM-Level symposium is an opportunity to build positive support, share experience and increase understanding and knowledge of government and the private sector on measures that can be taken to maximize the benefits of FTAs/RTAs, increase and sustain growth and contribute towards efforts to reduce poverty. 

The outcomes of the symposium is expected to form a basis of discussion at relevant APEC fora including the Committee on Trade and Investment (CTI) for discussion possible further steps/initiatives which include identifying the elements needed to set the foundation of negotiating a FTA or RTA. The elements are those that are identified at the domestic or national level or at the international front. 

Senior Officials participating in the Symposium is expected to take advantage of the knowledge gained from the Symposium to consider, coordinate and develop measures to maximize the benefits of FTAs/RTAs including structural reform.

Alignment

Alignment - APEC:  The symposium supports achieving the Bogor Goals including the implementation of the Osaka Action Agenda, encouraging removal of barriers through undertaking actions identified and maximizing benefits through increased participation of businesses. FTAs/RTAs also enable economies to develop good policies and regulations to take advantage of opportunities it presents. 

Alignment – Forum: The project supports work of the CTI in advancing Regional Economic Integration (REI), especially aligning to CTI`s work on information sharing and capacity building for comprehensive and high-level RTAs/FTAs that would contribute to the eventual realization of an FTAAP.

TILF/ASF Justification

Not Applicable.

Beneficiaries and Outputs

Outputs: Under this project, the half day symposium on “How FTAs and RTAs can contribute towards Economic Growth” will be held to provide the platform for the SOMs to share and discuss on how trade has contributed to economic growth and the reduction of poverty and also how it has had impact on increasing inequality in some sectors. Recommendations will be made for both public and private sectors’ reference as well as to APEC for consideration for further discussion and action. 

Following the completion of the symposium, a summary report will be made and circulated to all the speakers and SOMs and as well as delivered to CTI and other APEC relevant committees and working groups for further discussion and follow-up. The summary report will be produced by the PNG APEC Secretariat and its trade officials. The report is intended for publication on the APEC website and as well as for domestic use. It is envisaged that the PO will have the time, capacity and resources to produce the report according to the APEC Guidelines. The summary report is expected to include the following content: 

·  Introduction;

·  Key discussions;

·  Challenges;

·   Addressing the issues;

·   Linkages; and

·   Recommendations 

Outcomes: It is envisioned that following the symposium, the members will learn from experiences and best practices from APEC member economies and as well as outside APEC in how to create favorable conditions for FTAs and RTAs and to develop proper mechanisms for FTAs and RTAs to positively benefit economies. The outcomes of the symposium is expected to form a basis of discussion at relevant APEC fora including the CTI for discussion possible further steps/initiatives. Senior Officials participating in the Symposium is expected to take advantage of the knowledge gained from the Symposium to consider, coordinate and develop measures to maximize the benefits of FTAs/RTAs including structural reform. Experiences will also be shared from the private on how they can contribute to achieve and maximize the benefits of FTAs and RTAs. 

Beneficiaries: The selection criteria will be set to make sure that right participants will attend and that the information sharing will benefit the Senior Officials  and as well as be able to bring significant changes after the discussions from the completion of the symposium. The criteria will include, but not limited to: Senior government officials, who are directly or indirectly involved in and responsible for the process of trade and investment-related policy making in FTAs/RTAs, which might include, but not limited to officials from Ministries of Industry and Trade, Planning and Investment, Customs, local and international experts in FTAs and RTAs and other types of business sector who are directly or indirectly engaged in the implementation of FTAs/RTAs and as well as interested academic representative such as research institutions and universities.

Dissemination

The summary report will be published on the APEC Secretariat’s website for reference and for public information. The summary report will be provided to all the Senior Officials. A press release on the symposium will be made known on Papua New Guinea’s mainstream media (PNG News, radio, television, newspaper agencies) and sent to both local and international media agencies involved in trade to attract and encourage people to visit and read the document on the APEC website. Any publication or media release under the project should comply with APEC nomenclature and relevant APEC guidelines (Publications, Logo, and IP).

Gender

Gender issues will be inclusively incorporated in the project. Women are involved in the development of this project and both men and women will get equal opportunity to participate in the project implementation including in the process of preparatory stage and consultation. In addition, to address gender concerns, the evaluation form which will be served at the end of the symposium will include information on gender to aggregate for project assessment. 

The organizers will do its best to invite female speakers with enriched experiences and expertise to present at the symposium. They might include but not limited to female senior officials and/or researchers and experts both in the public and private sector that are involved in FTAs and RTAs. The collection of data for female participation will be taken into account during registration of participants. 

The organizers will make sure that women are encouraged and that favorable conditions are created for them to participate and contribute to the dissemination of information to as many women as possible. For example, invitations will be sent through the APEC Policy Partnership on Women and the Economy (PPWE), female business associations of Papua New Guinea if available to invite and draw their attention to the symposium.

Work Plan

Activity

Proposed timeframes

Deliverable outputs

Concept note tabled

CTI I
Member economies to discuss
Economies to provide comments intersessionally
20 March 2018

Revised Concept Note circulated for endorsement
23 March
Member economies endorse
Project Proposal - Expected endorsement by
CTI
Mid May

Project Proposal – Expected approval by BMC
Beginning June

Draft Program agenda circulated (comments if necessary)
Intersessionally
June 2018
Program agenda 
Identification of speakers and resource persons, invitations
June 2018
List of speakers identified
Confirmation of venue
June 2018
Venue confirmed
Invitation to participants
June 2018
Participants confirm attendance
Symposium to convene
SOM 3-August 2018
Summary reported out of SOM 3.

Separate task of Summary Report: 

Lead

Activity

PNG APEC Secretariat and Trade officials

Drafting of the report

PNG APEC Secretariat and SOM Chair’s Office

Circulation of the Summary Report

PNG APEC Secretariat and Trade officials

Incorporation of comments

PNG APEC Secretariat and Trade officials

Finalization of the report

PNG APEC Secretariat and SOM Chair’s Office

Submission of the Completion Report to the APEC Secretariat


Risks

One of the risks is to ensure that good speakers are available and present for the symposium. The speakers should be those who have senior experiences in FTAs and RTAs including officials in authority, representatives from the private sector, academics, and international organizations. The organizers will work closely with co-sponsoring economies to nominate and invite the most suitable speakers for the symposium. Another concern is to select the right participants to attend the symposium. To make sure that the right participants are selected, the organizers will consult with the co-sponsoring economies to set a general criterion for the participants. Participants should be government officials who are directly or indirectly involved in the policy making, management or implementation, academic or trade and economic experts who have merit and experiences in the field. Private and business sectors are encouraged to attend the Workshop. For the host economy, the symposium will be open to all interested in the topic but must be registered.

Monitoring and Evaluation

All speakers and participants will be requested to provide feedback on the efficiency and outcomes of the symposium and whether the sharing of information is able to bring changes and how. The following information will be collected to measure/assess the progress and impact of the symposium: 

Firstly, assess whether the symposium will meet with set objectives. The assessment can be made by comparing how the Senior Officials and participants gained from the workshop (using an evaluation form) and whether the Workshop is able to produce practical recommendations to be submitted to the relevant APEC committees and working groups.

Secondly, assess whether the workshop accommodated the right participants and if there was equal representation from both the public and private sector. It is expected that the balance between public and private sector ranges from 50% - 50% or at least 60% - 40%.

Thirdly, assess the quality of the speakers by compiling comments from the Senior Officials in the evaluation forms.

Fourthly, in relation to gender, the organizers will work on how many female participants can attend and as well as the how many female speakers can participate and share their expertise and experience.  The symposium will ensure that there is more than 65% of female participants attending the dialogue.

Linkages

CTI will be the group to oversee this project and will be responsible for disseminating information about the symposium to APEC member economies. The outcomes of the symposium will be submitted to CTI for consideration and further action. The Economic Committee and the Sub Committee on Ecotech will also be consulted closely during the development and implementation of this project especially when developing the agenda for the symposium so that the agenda meets its objectives and expectations. Also based on the previous outcomes of APEC initiatives on FTAs and RTAs, this project seeks to add value in contributing towards communicating the benefits and positive impact of trade in APEC. The outcomes of this symposium will be compiled and reported as part of APEC’s work in promoting the FTAAP. Experts will be invited from international organizations such as UNCTAD, WTO, PECC, OECD, UN, academic institutions, other member economies, and from the APEC Secretariat Policy Support Unit (PSU) to share their experiences as guest speakers during the symposium.. The involvement of the different organizations will help cross for a collaboration more efficiently, avoid duplication and as well as promote effective work through close consultation, exchanges and cooperation.

Sustainability

Following the symposium, Senior Officials and participants will gain more insight and understanding of how FTAs and RTAs can have positive impact on an economy. To make sure that the symposium achieves its objectives, the organizers will seek consideration and approval from the Senior Officials to follow up the outcome of the project. The organizer also considers proposing the next steps of the project based on the recommendations from the Senior Officials. The outcomes of the symposium is expected to form a basis of discussion at relevant APEC fora including the Committee on Trade and Investment (CTI) for discussion possible further steps/initiatives.

Senior Officials participating in the Symposium is expected to take advantage of the knowledge gained from the Symposium to consider, coordinate and develop measures to maximize the benefits of FTAs/RTAs including structural reform. In 2017, the Government of Papua New Guinea launched its National Trade Policy to enhance its development and increase economic growth. This project is in line with the principles of the National Trade Policy and therefore, it is encouraged that economies report their follow-up activities in relation to upcoming activities performed by APEC in FTAs and RTAs.

Project Overseers

Mr. Richard Yakam
First Assistant Secretary – Trade
Department of Trade, Commerce and Industry 
Ministry of Trade
PO Box 375, WAIGANI, National Capital District
Tel: +675 325 6099
Email: Richard.Yakam@dci.gov.pg 

Cost Efficiency

Not Applicable.

Drawdown Timetable

Not Applicable.

Direct Labour

Not Applicable.

Waivers

Not Applicable.

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

Monitoring Report Received

Completion Report Received

PMU Field 1

PMU Field 2

PMU Field 3

On Behalf Of

Proposal Status

Originating Sub-Forum

Approval Status
Attachments
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