The fifth annual meeting of the Asia Pacific Services Coalition (APSC) was hosted by the Indonesia Services Dialogue in Jakarta, Indonesia on April 24, 2019. The meeting was held alongside an APEC-sponsored Public-Private Dialogue on Services.
ASPC reaffirmed its commitment to work with APEC stakeholders to promote the growth and competitiveness of the region’s services industries, particularly digitally enabled services and e-commerce.
In particular, the meeting underscored the importance of creating a favourable regulatory environment specifically to facilitate cross-border flow of digitally enabled services such as cloud services and artificial intelligence across all services sectors including financial services.
The group urged APEC to put high priority on preventing barriers to e-commerce such as imposition of customs duties on electronic transmissions or other fees, on removing barriers to digital services and on facilitating investments in services such as e- payments, insurance and logistics.
APSC likewise called on APEC to support adoption of the existing pathfinder supporting the continuation of the e-commerce moratorium and to consider additional innovative APEC pathfinder approaches to develop the building blocks required for digital trade, including confidence-building regulatory exchanges and capacity-building measures.
The full press release may be read by clicking here.