Negotiating Group on Rules - Best Practice for RTAs/FTAs in APEC - Communication from Chile and the Republic of Korea

World Trade Organization TN/RL/W/187 12 September 2005 (05-3939) Negotiating Group on Rules Original: English Best Practice for RTAs/FTAs in APEC Communication from Chile and the Republic of Korea The following communication, dated 6 September 2005, is being circulated at the request of the Delegations of Chile and the Republic of Korea, for information. _______________ RTAs/FTAs involving APEC economies can best support the achievement of the APEC Bogor Goals by having the following characteristics: Consistency with APEC Principles and Goals They address the relevant areas in Part I (Liberalization and Facilitation) of the Osaka Action Agenda (OAA) and they are consistent with its General Principles. In this way they help to ensure that APEC accomplishes the free trade and investment goals set out in the 1994 Bogor Leaders Declaration. They build upon work being undertaken by APEC. Consistent with APEC goals, they promote structur