Ingenieur Vol 61 January-March 2015 | Page 41

Institutional connectivity will address issues of trade facilitation between people and organisations throughout AsiaPacific, facilitating trade and economic growth.  We resolve jointly to continue our efforts in enhancing the access to ICT resources by using available technologies to reduce digital divide and increase greater connectivity in the region. We resolve to tap into APEC’s considerable potential in fostering future energy cooperation initiatives, especially in the areas of energy-related trade and environmental sustainability. APEC represents an ideal forum to explore the concept of expanded cross-border energy trade and renewable energy in a non-binding manner.  We will further aspire to ensure quality electricity supply for all member economies. Institutional Connectivity Under Institutional Connectivity, we will strive to make progress in jointly addressing issues of trade facilitation, structural and regulatory reforms as well as improved transpor t and logistics facilitation, which are of critical importance to APEC as a regional forum. We aim to moder nise customs and border agencies and enable a whole - ofGovernment approach in the development of regulations, including co-ordination across regulatory, standards, and trade agencies. We support APEC’s work to encourage each member economy to develop its own Single Window system by 2020 and we encourage ef for ts to p r o m ote in ter n a t io n al interoperability between Single Window system and paperless trading. We will further strengthen the initiatives under the APEC Sup ply - Chain C onne c ti v it y Framework Action Plan (SCFAP) by systematically improving supply chain performance by implementing a capacity building plan to assist economies in overcoming specific obstacles within the eight chokepoints of the SCFAP. On regulatory coherence, we will implement initiatives that focus on regulatory co-operation by sharing best practices on regulatory issues. We note that industry dialogues are already well advanced in this process. The Internet is a good and effective tool to help economies 39