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Policy Support Unit  

In September 2007 APEC Ministers agreed to establish an APEC Policy Support Unit (PSU) to provide analytical and evaluation capacity and assist in coordinating related economic and technical cooperation for the development and implementation of APEC's trade, investment, economic reform and energy policy agenda. The Policy Support Unit commenced in 2008 with a mandate to provide a policy and research capability to assist in the implementation of APEC's ongoing regional economic integration agenda. It is currently focusing on behind-the-border (structural) economic reforms and at-the-border trade policy reforms; both of which contribute to increased living standards in APEC economies and the enhancement of trade and investment amongst them.

Governance of the PSU

The Board of the Policy Support Unit provides work program advice and broad operational oversight of the PSU, including long-term strategic guidance. The Board will ensure that the work and expenditure plans of the PSU remain consistent with APEC's priorities, as established by Leaders and Ministers. The Board will regularly report the outcomes of its meetings to SOM for approval.

The Board comprises representatives from the current, immediate past and the next APEC host economy and from each major donor. The Executive Director, PSU Manager, and Chairs of the CTI, EC and SFOM attend Board meetings in an ex-officio capacity. Other Chairs of APEC fora can be co-opted as appropriate.

 
 
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Joint Statement - 2007 19th APEC Ministerial Meeting
Leaders Declaration - 2007 15th APEC Economic Leaders' Meeting: "Strengthening Our Community, Building a Sustainable Future"