| Author (Corporate) | United States: Library of Congress: Congressional Research Service (CRS) |
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| Publisher | USA Congress: Library of Congress |
| Series Title | Reports and Issue Briefs |
| Series Details | November, 2012 |
| Publication Date | 19/11/2012 |
| Content Type | Report |
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The Congressional Research Service, a department of the Library of Congress, conducts research and analysis for Congress on a broad range of national and international policy issues. Some of the CRS work is carried out specifically for individual members of Congress or their staff and is confidential. However, there is also much CRS compiled material which is considered public but is not formally published on the CRS website. For that reason a number of other organisations try to keep track of these publications and make them publicly available via their own websites. Currently, ESO uses the following websites to track these reports and allow access to them in ESO: EveryCRSReport.com In some cases hyperlinks allows you to access all versions of a report, including the latest. Note that many reports are periodically updated.Russia hosted the Asia-Pacific Economic Cooperation’s (APEC) week-long series of senior-level meetings in Vladivostok on September 2-9, 2012. The 20th APEC Economic Leaders’ Meeting, the main event for the week, was held September 8-9, 2012. It was the first time that Russia had hosted the APEC meetings, as well as the first APEC Economic Leaders’ Meeting at which all the members were also members of the World Trade Organization (WTO). U.S. expectations for the 20th APEC Economic Leaders’ Meeting were relatively low for a number of reasons. First, several of the members’ leaders either did not attend (e.g., President Obama), were effectively lame ducks (e.g., President Hu Jintao of China), or were facing political uncertainty at home (e.g., Prime Minister Yoshihiko Noda of Japan), making it difficult for the members to consider major commitments. Second, in the eyes of U.S. officials involved in the preparations for the meetings, Russia’s lack of experience and past lack of commitment to APEC weakened the pre-meeting preparations for the Leaders’ Meeting. Third, by holding the Leaders’ Meeting in September (rather than in November, as in previous years), Russia foreshortened the time to work on various initiatives. Fourth, recent events and initiatives, including the ongoing Trans-Pacific Partnership trade agreement negotiations, have raised questions within the Obama Administration about APEC’s role on the promotion of greater economic integration in the Asia-Pacific region. Despite the low U.S. expectations, U.S. officials indicate that they think the week-long event in Vladivostok was relatively productive. Below is a summary of the main results of these meetings, according to senior officials in the Obama Administration: + The 21 APEC members agreed to lower their tariffs on 54 categories of environmental goods to no more than 5% by 2015. U.S. officials are apprehensive, however, about APEC’s prospects for the next two years when first Indonesia and then China will be the host members. This report also examines the role of Congress with respect to APEC, including appropriations necessary to finance APEC’s secretariat and U.S. support of APEC activities. |
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| Source Link | Link to Main Source https://www.everycrsreport.com/reports/R42842.html |
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| Countries / Regions | Asia, Russia, United States |
