- THE MAGAZINE
- NEW PRODUCTS
The building products sector is one of the highest performing manufacturing export sectors for the U.S., with exports of $30 billion in 2009 supporting an estimated 153,000 jobs. Key conference topics included a discussion of a recently completed APEC survey of its members’ policies on green buildings, and both voluntary and mandatory requirements for market entry. Businesses discussed their perspectives on the opportunities and challenges of trading green building products in the Asia Pacific market.
APEC, the Asia-Pacific Economic Cooperation, is a 21-member intergovernmental forum that works through private sector input to reduce tariffs and other trade barriers across the Asia Pacific region. APEC represents 60% of global production, 47% of world trade, and one-third of the earth’s population.
Increasing economic engagement in the Asia Pacific region reflects President Obama’s priorities for the U.S. as the APEC host for 2011, which include strengthening regional economic integration, expanding trade, promoting green growth, and advancing regulatory cooperation and convergence.
For more information, visit www.apec2011.gov.