Project Title

Workshop on Trade and Investment Inter-Dependencies in Global Value Chains (GVCs): Are Policy Frameworks for Trade and Investment, such as Trade and Investment Agreements Keeping Apace? 

Project Year

2018   

Project Number

CTI 12 2018A 

Project Session

Session 2   

Project Type

Standard 

Project Status

Project in Implementation   
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Project No.

CTI 12 2018A 

Project Title

Workshop on Trade and Investment Inter-Dependencies in Global Value Chains (GVCs): Are Policy Frameworks for Trade and Investment, such as Trade and Investment Agreements Keeping Apace? 

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 2 

APEC Funding

132,470 

Co-funding Amount

32,000 

Total Project Value

164,470 

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)

Chile 

Co-Sponsoring Economies

Canada; China; Viet Nam 

Expected Start Date

01/09/2018 

Expected Completion Date

31/12/2019 

Project Proponent Name 1

Viviana Araneda 

Job Title 1

Head, Global Value Chains Division 

Organization 1

General Directorate for International economic Affairs, Ministry of Foreign Affairs 

Postal Address 1

Teatinos 180, Santiago, Chile 

Telephone 1

(56-2) 8275597 

Fax 1

Not Applicable 

Email 1

varaneda@direcon.gob.cl 

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

Viviana Araneda 

Project Summary

The objective of the workshop is to deepen understanding on business strategies in Global Value Chains (GVCs) and to identify opportunities for promoting greater policy understanding in trade and investment agreements.

The workshop will build on ongoing APEC and OECD work and will envisage the participation of international organizations such as UNCTAD, World Bank, WTO and WEF.

The workshop will consist of two sessions. The first session will discuss modern corporate strategies in GVCs based on micro-evidence and business case studies. The second session will focus on trade, beyond the traditional concept thus introducing the point of view of trade of intermediate goods and Trade in Value Added (TiVA), and investment policies (FTAs, PTAs, etc.) that appear to be important to facilitate the functioning of GVCs and strengthen the positive impact in society (i.e. responsible business conduct, linkage of MNEs with SMEs).

The outcome could be a better understanding of interactions between trade and investment disciplines at different levels that can help to identify opportunities for international cooperation to ensure that trade, investment and other policies are complementary and mutually reinforcing.  This could be translated in an APEC/OECD checklist on trade and investment policies for the next generation of GVCs (or checklist of GVC-friendly provisions in trade and investment agreements).

The workshop will convene government officials, policy makers, experts from international organizations and businesses and will be held in Chile on the margins of SOM 2, 2019.

Relevance

Relevance – Region: The evolution of Global Value Chains (GVCs) has become an important initiative for APEC as an effort to the goal of supporting both regional economic integration as well as sustainable and inclusive growth and prosperity in the Asia Pacific – Region. In addition, GVCs have bolstered the inter-dependences between trade and investment and enhanced their complementary effects. Yet, the patterns, levels of correlation and channels through which this relationship works are still not fully understood, and thus are to a certain degree not taken into account in policy reform efforts, such as trade policy and liberalization. The latter even more so if trade is looked at from the perspective of intermediate goods and Trade in Value Added (TiVA). This is noticeable in the international regime, where trade and investment rules are sometimes perceived to be insufficiently comprehensive or inter-linked to address the reality of production models pursuing joint trade and investment strategies. This can result in increased costs and uncertainty, reducing investor confidence and affecting the decisions on international operations. Additionally, this has a direct relation to the prospects of higher participation of small and medium-sized enterprises (SMEs) in international trade and investment activities, either directly or indirectly in terms of adding value to exports or indirect returns to foreign and domestic direct investment. 

In this context, this project seeks to deepen the understanding regarding the inter-dependency between trade, investment and other cross-border activities in GVCs, and to identify opportunities for promoting greater policy coherence and strengthen the positive impact in society building on the work of APEC, the OECD and other international organizations. 

In this context, trade and investment policy in the international regime has traditionally followed a ‘solo’ approach, addressing policy areas in isolation, whereas the inter-twined nature of these activities within GVCs calls for more integrated approaches. Moreover, the full range of cross-border corporate relationships in GVCs, including contract-based supply chain relationships, has yet to be fully integrated into policy frameworks. 

It goes without saying that GVCs play a prominent role in the international production system of all APEC economies. Thus, shedding light on corporate strategies in global production and demand systems will help policy makers to design better trade and investment policy measure and to support policy coherence in trade and investment agreements and thus will be beneficial for all APEC economies. 

Relevance – Eligibility: The project falls under the APEC Support Fund – Sub-Fund on Free Trade Area of the Asia-Pacific and Global Value Chains. In particular, the project aims towards improving the understanding of how companies combine trade, in the most comprehensive manner, taking into consideration issues relating to trade in intermediate goods and TiVA, and investment with other cross border activities in GVCs. 

In addition, it aims at enhancing the design of trade and investment policies that can be applied to enhance future trade negotiations within APEC, including but not limited to the Free Trade Area of the Asia-Pacific, this seeking for agreements to better reflect the modern trade, investment and business realities and strengthen the positive impact toward regional economic integration as well as sustainable and inclusive growth. 

Relevance – Capacity Building: This project will support the capacity building needs of developing APEC economies by improving the understanding of the complex relationship between trade and investment in GVCs. Furthermore, an important objective of the project is to provide certain tools, that may include an APEC/OECD Checklist on trade and investment policy for the next generation of GVCs, or a APEC/OECD Checklist of GVC-friendly provisions in trade and investment agreements. While this will be relevant and useful for all APEC economies, all tangible outcomes will be specifically targeted to address developing members’ capacity building needs, especially in the design of better trade and investment agreements, that will take into consideration aspects directly affecting the development and insertion into GVCs. Developing economies will be consulted in the design of the projects work plan, such as the contemplated workshop/policy dialog, its specific agenda and content.

Objectives

Improve the understanding of how companies combine trade, in the most comprehensive manner, taking into consideration issues relating to trade in intermediate goods and TiVA, and investment with other cross border activities in GVCs, with a view to enhance the design of trade and investment policies that can be applied to enhance future trade negotiations within APEC. 

To produce an APEC/OECD checklist on trade and investment policies for the next generation of GVCs (or checklist of GVCs-friendly provisions in trade and investment agreements). 

To complement the implementation of specific work streams of the APEC GVCs Strategic blueprint relating to the measurement of TiVA and the improvement of investment climate for GVCs. 

To support capacity building needs of developing APEC economies in terms of allowing them to improve to their understanding of the inner workings and corporate governance of GVCs, including the participation of women in GVCs.

Alignment

Alignment - APEC: In accordance to what is APEC’s primary goal of supporting sustainable economic growth and prosperity in the Asia-Pacific region, this project will contribute accordingly in the following ways:

a)   Demonstrate concrete efforts to implement the APEC GVCs Strategic Blueprint by developing a possible set of recommendations and guidelines for the work streams identified within the Blueprint, specifically addressing the issue TiVA measurement and the improvement of investment climate for GVCs as well as enabling developing economies to better participate in GVCs;

b)  Perform a stocktaking of initiatives already underway across all APEC fora that support the GVCs strategic Blueprint in order to consider how these initiatives could be enhanced to better support GVCs through the adoption of an APEC/OECD best practices recommendations on trade and investment policy; and,

c)  Promote cross-fora collaboration in relation to issues referred to in the GVCs Strategic Blueprint that are being addressed by other APEC fora outside of the CTI but have direct relation to the full implementation of the Blueprint.

d) Provide inputs for the Post 2020 APEC Vision Group.

Alignment – Forum:
This project will directly address the core initiative of CTI in 2017 as tasked by APEC Leaders in 2016, under which “We resolve to advance Global Value Chains development” as well as their 2015 declaration, where they tasked the CTI to “to advance the implementation of the APEC Strategic Blueprint for Promoting Global Value Chain Development and Cooperation through the initiatives and work plans under the different work streams”. The Project is also aligned with the CTI’s strategic plan in the APEC priority area of enhancing the Regional Economic Integration and MSMEs’ Participation in Regional and Global Markets.

TILF/ASF Justification

Not Applicable.

Beneficiaries and Outputs

Outputs: One of the main product of the project is a two-day workshop that will be held within the framework of the SOM II meetings to be held in Chile during the month of May 2019. At this workshop, it is expected to gather different authorities and policy makers from Ministries of Economy, Production, Finance, Education, Foreign Affairs as well as Export and Investment Promotion authorities and encourage the participation from private sector, especially the SMEs from several APEC economies. Additionally, it is expected that the workshop will attract different international organizations that are directly involved with issues relating to investment policy and GVCs, such as the OECD, World Bank and UNTACD. 

The workshop will consist of two sessions. The first session will discuss modern corporate strategies in GVCs based on micro-evidence and business case studies. The second session will focus on trade, beyond the traditional concept thus introducing the point of view of trade of intermediate goods and TiVA, and investment policies (FTAs, PTAs, etc.) that appear to be important to facilitate the functioning of GVCs and strengthen the positive impact in society (i.e. responsible business conduct, linkage of MNEs with SMEs and the inclusion of women into GVCs). 

This workshop will be carefully planned during the following months, and then a set of workshop materials will be prepared for the participants. For instance, speakers’ selected research papers will be included in the materials for discussion. The staff intends to include male and female speakers in order to have gender balance in the discussions that will take place in the two-day workshop. 

Other developing economies will be encouraged to participate in the workshop. A previous process of contacting embassies, governmental authorities, international organization and thinktanks will be necessary and their suggestions of possible speakers and participants will be considered. 

After the two-day workshop, the Chilean staff will summarize conclusions and recommendations of the workshop proceedings in a Summary Report that will incapsulate the discussions and results, and would be no longer than 50 pages, which will include the main results, recommendations and contact list of all participants. Drafts of this report will be shared for comments and suggestions with participants from APEC economies prior to the following SOM III meetings to be held in the month of august 2019, in order to have a final Summary Report, which will be presented in CTI III for its adoption. Consequently, and once adopted, the report will be uploaded on the APEC website. 

Another key output of the workshop would be an APEC/OECD[1] Checklist on Trade and Investment Policy for the Next Generation of GVCs (or checklist of GVC-friendly provisions in trade and investment agreements). The latter with the objective of creating a better understanding of interactions between trade and investment disciplines at different levels, which can help to identify opportunities for international co-operation to ensure that trade, investment and other policies are complementary and mutually reinforcing. 

The aforementioned checklist would consist of a basic taxonomy of provisions aimed at ensuring clarity and consistency across different measures adopted within Regional Trade Agreements (RTAs) and across other agreements, i.e. other PTAs, Bilateral Investment Treaties (BITs), Double Taxation Treaties (DTTs), etc. 

In the taxonomy, both core investment provisions and linkages are classified in three types:

·  Market-making provisions

·  Market-correcting provisions

·  Coherence-enhancing provisions

In order to construct a workable checklist, the organizers will beforehand circulate to all participants a questionnaire that will include these core provisions. With these inputs, the organizers will be able to construct a check list of questions that reflect how different models of FTAs resolve different issues relating to trade, investment and GVCs. Additionally, during the workshop the member economies will be requested to present their different approaches of provisions contained in their international trade agreements, that will be reflected in the Summary Report and final Checklist that will be presented for endorsement by CTI during SOM III. 

Finally,, the workshop will provide the opportunity to create a policy network made up of speakers, experts and participants, that aims to discuss the policies and governance relating to investment and GVCs and their interaction. 

Outcomes: The main outcome would be a workshop that can achieve a better understanding of interactions between trade and investment disciplines at different levels that can help to identify opportunities for international cooperation to ensure that trade, investment and other policies are complementary and mutually reinforcing. 

Additionally, the workshop will produce a Summary Report that will include the discussions and results, as well as an APEC/OECD check list and recommendations on trade and investment policy adapted to modern supply and demand systems related to GVCs. These recommendations will be presented to CTI for their adoption. The Summary Report will allow economies: (i) to understand the importance of linkages between trade and investment policies (with a summary of background analytical work), (ii) to have an overview of the process through which the Checklist has been constructed (motivation, outcome of the discussions during the Workshop, steps to validate the process and get feedback from APEC economies); and (iii) to find an explanation about how the Checklist can contribute to improve the consistency of their trade and investment policies.

The Checklist will consist in a series of questions that policymakers should ask themselves when they design trade and investment policies and when they negotiate comprehensive trade and investment agreements. The questions will highlight key issues to be considered and the Checklist will include examples of how economies have tackled these issues. As such, the Checklist is a tool that economies will be able to use immediately when they review their trade and investment policies or when they negotiate trade and investment agreements. It will allow them to improve their policies and agreements. In the longer term, the Checklist can be regularly updated and reflect new practices and policies that were identified as successful. The improvement of the Checklist over time will then translate in a better tool for governments to assess the consistency of their trade and investment policies. 

Another expected outcome would be to complement specific work streams of the APEC GVCs Strategic Blueprint relating to the implementation of the measurement of TiVA and the improvement of investment climate for GVCs. 

Finally, we would expect that the workshop as well its Summary Report will support capacity building needs of developing APEC economies in terms of allowing them to improve their understanding of the inner workings and corporate governance of GVCs, and thus create the necessary conditions for future policy discussions regarding the issue of the impact of trade and investment provisions in FTAs, including women’s participation in GVCs. 

Beneficiaries: The direct beneficiaries of the workshop will be participants from APEC member economies, mainly, but not exclusive to: government officials, from the Ministries of Trade, Finance, Economy, Production, Women and Gender, Central Banks, Export Promotion Authorities,  Investment Promotion Authorities, or any others related to trade, investment and GVCs; international organizations that are directly related to trade, investment and GVCs development; policy makers that have a direct relation to the issues that will be discussed, and stakeholders within the private sector civil society and academia alike that are directly affected by trade and investment policies as well as involved within GVCs and their development. Those not able to attend the workshop will be able to draw on the Summary Report which will be circulated digitally and will also be available on the APEC Website as well as Direcon’s.



[1] The OECD participation in this Project is limited to that of an external consultant, providing insight as well as possible experts participation during the workshop.

Dissemination

The workshop Summary Report, the Checklist,  policy network and the presentation in Chile during SOM II are key elements within a plan to disseminate the results and conclusions of the project. All three elements will be included in the Summary Report that will be drafted by the organizers and circulated for approval by participants and thus be presented for adoption by CTI During SOM III. Once the Summary is adopted, it will be posted on the APEC publications website. 

In regard to the Checklist, although being a part of the Summary Report, this will also serve as a standalone document that will be harbored within the CTI section of the APEC website, and will serve as a mechanism to attain greater understanding of interdependencies between investment and GVCs and possible policy implications and recommendations.

Additionally, we will seek to achieve a greater level of dissemination of the results through information sharing on different governmental websites of the agencies involved in the project as well as the social media platforms, such as Facebook and Twitter, in coordination with the APEC Communications Department and in accordance to comply with the APEC Social Media Guidelines. 

Dissemination of the proceedings through the Summary Report  will be coordinated with APEC Secretariat Communications Department in order to comply with the APEC Publication Guidelines. 

The directly targeted audiences are APEC authorities of Trade, Finance, Production, Economy, Foreign Affairs Ministries, as well as Promotion and Investment Agencies, together with all interested international organizations and stakeholders related to investment and GVCs. Moreover, this project expects to reach not only those authorities, but also, APEC research centers and think tanks. 

It is fundamental to state that there is no intention to sell outputs arising from this project.  In fact, for the proposing economy, an important aspect of conducting this project is to disseminate the results and conclusions, in order to gather interest from other economies to make achieve new insight regarding trade and investment inter-dependencies in GVCs.

Gender

Gender equality and the empowering of women for their better inclusion into GVCs is a cornerstone towards greater regional economic integration and sustainable and inclusive growth. 

The project will strive to ensure that a conductive environment is created during project planning and implementation stages to enable the effective representation of the views of both men and women. In this context, we will strive to attain high level female speakers that can address the issues under discussion from a women’s perspective. 

Additionally, the process of invitation to the Workshop, the project Overseer will seek a gender balance, taking into due consideration gender concerns by encouraging the nomination of female speakers and participants. In this context we will set a 30% target for women speakers and active participants. In regard to speaker selection, we will look at a pool of possible expert speakers, where the abovementioned target will be given due consideration in order to achieve our set goal of gender balance.

The call for nominations from economies will place due consideration in ensuring that there are no gender biases in selection of participants from economies and that there are sufficient numbers of women nominated for the event in order to comply with our target. In addition, the project proponents will ensure the initial questionnaire for the development of the Checklist will contain gender-oriented issues and that that the evaluation forms to be distributed at the end of the workshop will include information on gender for disaggregating of data for project assessment and will help in evaluation of specific responses of women and men as well as evaluating the success of the project taking into consideration the set target of 30% participation of women.

It is also important to mention that the Chilean staff in charge of overseeing and implementing the project includes both men and women, where the balance is in favor 4 to 1 in favor of women. Moreover, the overseer of the whole project is a woman. Other members of the staff that are part of Direcon are of both gender.

Work Plan

Time

Task

Deliverable

November 2018 – January 2019

Contact workshop speakers: In order to select speakers who are best suited for this workshop, the Chilean staff together with supporting international organizations and interested stakeholders, will examine existing literature and empirical evidences involving investment inter-dependencies in GVCs, Those, policy makers or authorities will be prioritized as speakers in this two-day workshop

Roster of Speakers and Moderators for each of the sessions of the workshop

January - March

Development short questionnaire: The latter will include core trade and investment provisions. With these imputes, the organizers will be able to construct a check list of questions that reflect how different models of FTAs resolve different issues relating to trade, investment and GVCs.

Draft questionnaire

January 2019– March 2019

Detect and contact the workshop participants: During the months of February and March, the Chilean staff will detect and contact possible workshop participants.  To achieve this goal, the staff will contact governmental authorities and embassies of APEC economies, in order to manifest the organization´s interest in their participation in the two-day workshop.  This will allow showing the relevance of this workshop for APEC economies for future public policy implementation. By the end of April, and as a result of this activity, it is expected to accomplish a preliminary list of participants.

Roster of international and domestic participants.

January - February 2019:

Design the specific structure of the workshop: At the same time of looking for participants and speakers, the staff will proceed to structure the workshop, choosing specific issues regarding interdependencies between investment and GVCs. To this end, the contributions of the co-sponsoring, participating economies, and international organizations will be taken into account.

February – March 2019

Elaboration of workshop materials: In parallel to the development of the preliminary list of speakers and participants, Direcon together with supporting economies and international organization will develop the materials for the workshop.  As discussed in advance, these materials will include research papers written by the speakers and participants of the workshop.  To reach this objective, a thorough read of the available literature will be necessary.  Moreover, once the materials are chosen, these texts will be arranged thematically, facilitating its reading by the speakers and participants.

Set of workshop documents for printing of necessary materials for the workshop

March – April 2019

Confirmation of speakers and participants:  As it was stated beforehand, one of the results of the activities conducted during the months of January and March will be preliminary lists of participants and speakers.  During March and April, the Chilean staff will contact them again to confirm their participation in the workshop.  With their confirmation, the staff will help to arrange flights and hotels for them.

Final Roster of Participants and Speakers

April – May 2019

Circulate questionnaire and develop a Draft Checklist: Once a confirmed participant list achieved, that contemplates both speakers, moderators, expert and direct participants, the questionnaire regarding core trade and investment provisions

Draft Check List

May 2019 (SOM II)

Two-day workshop: By mid-May, the workshop will be held in Santiago. During the month of April and the beginning of May, the staff will check the final logistical details, such as the availability of a proper audio system in the rented room, seating arrangements, transportation, etc.

Two-Day Workshop

June - July 2019

Elaboration of the Summary Report: In order to achieve this activity, the Chilean staff, with the collaboration of the participating economies and supporting international organizations of the workshop, will prepare a publication containing the main conclusions of the workshop.  The latter will include a Checklist for the approval of APEC economies. 

Draft Summary Report

August 2019

Presentation of the workshop Summary Report: in the CTI III that will take place in Chile in the month of August 2019. It is expected to share participating economies, the main conclusions drawn from the two-day workshop through the Summary Report that will include the Checklist with the intention to deliver discussion of measures that can be taken by APEC economies in order achieve greater insight into the interdependencies of trade and investment and their policy implications, for their adoption by CTI and SOM III to be put forward to ministers for its inclusion in their joint 2019 declaration.

Adoption of the Summary Report

October 2019

Drafting and endorsement of the Completion Report.

Endorsed Completion Report

July 2020

Participation in the Long-Term Evaluation of APEC Projects

Endorsed Long Term Evaluation of APEC Project

Risks

Since Chile is far away from the majority of APEC economies, one of the main risks of the project is to not get as many participants as it is desired, the latter not only in number, but also in terms of representation of women. 

In order to overcome this risk, it is planned to use the network of Chilean embassies and trade representatives in all APEC economies to help identify and engage possible participants, with a clear focus on gender balance, as well as working with all diplomatic and commercial representatives of all APEC economies in Chile. This will be done very well in advance, in order to minimize the risk and increase the probability of attaining high level of participants with a balance of women representatives. We will also work with the network of contacts of the Chilean Ministries of Trade, Economy, Finance, , Foreign Affairs and the Ministry for Women and Gender Equality, in order to motivate and encourage their participation in this project. 

Another risk that this project may face in terms of speakers is to achieve not only in terms of their quality and expertise on the issue, but also in terms of gender where the balance could be affected. In this context, we have been working coordinately with the partner agencies and international organizations to identify a pool of high level potential speakers, with a clear focus on gender balance and have begun the process of informally contacting potential speakers too see their availability and willingness to actively participate in the workshop in May. 

With regards to the Summary Report, and specifically the Checklist which will be one of its core elements, and in the long run a standalone deliverable, we consider that there are two main risks. The first is its possible non-endorsement, and the second is its applicability for participating economies. 

Both of these risks have been considered. First we have established that prior to the workshop we will circulate the questionnaire including core provisions relating to trade, investment and GVCs. Additionally, we expect to hear from each economy during the workshop. In this context, all these inputs will be fully taken into account into the drafting of the Checklist, thus mitigating the risk of non-endorsement and applicability. 

Finally, another risk is possible project delay due to event logistics as the workshop is scheduled to be held during SOM II meetings in May. The latter has been taken into consideration and we are working closely with the Chilean APEC 2019 Secretariat in order to mitigate any logistical problems that might appear.

Monitoring and Evaluation

In order to assess the project’s progress and impact, its outcomes will be measured in the short term and mid-term.  In the short term, the project outcomes can be measured through a post-workshop survey to attendees. This survey will include indicators related to the experiences learned at the two-day workshop, specific gender indicators with specific targets for women speakers and participants, as well as an overall evaluation of the experience. Some examples of the indicators may be: level of satisfaction of each of the discussion panels in terms of knowledge acquired and transmitted as well as the level of possible implementation of lessons and recommendations of each panel within other APEC economies. 

Additionally, other measurable indicator is the number of participants from APEC economies, funded as well as non-funded, and the appreciation level of usefulness of the workshop and quality of discussions. 

Our aspirational goal in terms of participation of funded economies is at least 70% and in terms of non-funded economies 60%. 

Another technique that will be used to evaluate the project´s progress and impact, in the short term, will be a self-assessment test taken by the Chilean staff, so as to analyze the number of participants in the workshop, and their activeness in their participation throughout the project. 

On the other hand, in the mid-term, the success of the workshop may be measured through indicators related to new collaborations between APEC economies generated from the workshop.  In this sense, the amount and quality of the comments and suggestions consigned by speakers and participants, after the workshop finalizes, will also be used as an indicator of the project’s progress and impact. 

Furthermore, the success of the workshop will be measured through the number of downloads that the workshop proceeding has, from the APEC website. We will set a 30% target for women speakers and active participants. In regard to speaker selection, we will look at a pool of possible expert speakers, where the abovementioned target will be given due consideration in order to achieve our set goal of gender balance. 

Another technique that might be used to measure its impact in the mid-term are possible interviews to the workshop’s participants, in order to review and evaluate that workshop´s outcomes and conclusions were communicated to governmental, and non-governmental institutions in their economies of origin. These interviews would be conducted between the finalization of the two-day workshop, and the presentation of the workshop proceeding in Chile (SOM III). 

Finally, we will monitor the projects progress using these above listed indicators and will be fully reported in the Completion Report to the Secretariat.

Linkages

Although the issue of investment and GVCs are imbedded within the CTI, either through the Investment Experts Group or the TiVA Technical Group, both issues are cross-cutting to other areas and issues within APEC. For this reason, all outcomes will be communicated to both CTI and SOM for their dissemination throughout APEC. 

Additionally, during the planning process, an in-depth analysis of the issues that will be addressed during the workshop and how these would affect other working groups, in order to be able to coordinate their possible participation and receive any inputs they might have from their perspective. 

Notwithstanding what is stated above, this project does not duplicate but rather builds on the outcomes and information exchanged at different related Meeting held in APEC and other international organization such as WTO, UNCTAD and OECD.

Sustainability

It is planned to share the workshop Summary Report and Checklist with APEC economies for comments and suggestions. It is expected that such step will help to maintain the collaboration within the policy network, that will be formed during the workshop and made up of speakers and participants, as well as CTI. 

Authorities are going to present the workshop Summary Report and Checklist during SOM III in Chile. It is expected that such step will reinforce the network as well as seek endorsement of the abovementioned checklist. 

Also, after the APEC funding is completed the authorities involved in the project will seek to generate continuous work on interdependencies between trade and investment in GVCs within APEC together with other international organizations, exploring collaborative projects with APEC host economies in the following years.  This may result in the evaluation of the project’s impact on the design and dissemination of its outcomes by beneficiary APEC economies.  In this sense, one of the project’s goals is to create greater insight regarding the interdependencies of trade and investment in GVCs and their policy implications and its connection with productive development and sustainable and inclusive growth. 

Any possible recommendation in terms of policy that emerges from the discussions during the workshop will be presented in the final Summary Report that will be circulated within CTI. Therefore, Chile will seek, through its representatives to the CTI, that these recommendations be included in any future work and proceeding plan of the group, and thus will be expected to be addressed and undertaking by all APEC economies. 

In regard to additional follow up actions. It would be expected that once the Summary Report is adopted by CTI, we consider that two of the main deliverables, which are the Checklist as well as the policy network, can serve as a basis of sustainability of the project. 

In this context, the Checklist after completion of the project would be a standalone document that would be hosted within the CTI website for consultation and modification when required by economies. Additionally, we expect that the checklist will be a recurring issue to be addressed by CTI at least once a year. 

Finally, it is expected that the policy network that will arise from the workshop will advocate the issues discussed during the workshop within the participants corresponding areas of work, be it either their ministries, international organizations, stakeholders or civil society organizations.

Project Overseers

Project Overseer: Ms. Viviana Araneda is the Head of the Global Value Chains Division at the General Directorate for International Economic Relations of the Ministry of Foreign Affairs of Chile. In that position, she is in charge of the design, promotion and implementation of trade policies related to the insertion of Chile in Global Value Chains.  Her responsibilities include, among others, coordination with Government agencies, private sector, think tanks, academia and civil society. 

Ms. Araneda is an Economist (University of Chile) and holds a Master's Degree in Environmental Management (Yale University). She has more than 15 years of experience in international trade and environment.

Second Point of Contact:
Mr. Luciano Cuervo
Economic Advisor, APEC Department
Ministry of Foreign Affairs of Chile
Tel:  +56 2 28275464
E-mail:  lcuervo@direcon.gob.cl

Mr. Cuervo entered the civil service immediately after graduating university in the Research Division at the General Directorate for Economic International Affairs (Direcon). He has served as an economist to the North America Department, the Intellectual Property Department as well the APEC Department, at Direcon and in 2016 was been reassigned as senior economist to the newly formed Global Value Chains Division within Direcon. In total Mr. Cuervo has served within Direcon for the past 20 years. 

Mr. Cuervo holds a degree in Economics from the University of Concepción, Chile, graduating with honors.

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

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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

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