The Asia Pacific Economic Cooperation (APEC) wrapped up its 23rd Chemicals Dialogue (CD23 or CD) on August 25 in Puerto Varas, Chile as part of the third Senior Officials Meeting (SOM3). USCIB Vice President for Product Policy and Innovation Mike Michener attended the meetings, which spanned over three days, as representative of downstream users of chemicals and metals.
According to Michener, the meetings concluded with some concrete action items, including recommendations for economies to consider specific projects the CD could undertake to further contribute to the priorities of the APEC Committee on Trade and Investment, and for delegates to identify concrete proposals for potential CD projects and submit them to the CD for comment prior to CD24 in Malaysia’s host year. Additionally, APEC economies agreed to carry forward the recommendations generated by the risk assessment tabletop exercise, including work towards a commitment of mutual recognition of chemical risk assessments by competent authorities in other economies and APEC best practices and capacity-building to help economies apply those best practices. Finally, delegates were encouraged to provide additional case studies of approaches to overcoming challenges to the implementation of a risk-based approach to chemical management.
“Some key takeaways from a U.S. industry-organized workshop on August 23 to improve regulatory cooperation within Latin America focused on finding a regional industry counterpart, organizing a similar event for CD24 in Malaysia, and develop a CD-endorsed template for free trade agreements,” noted Michener.
Another important action item was a request that called for APEC economies to identify contributions that the CD has made toward implementation of the Boracay Action Agenda prior to its final evaluation in 2020, which will decide the future of the APEC Chemicals Dialogue.