| Abstract: | The purpose of the third APEC “summit,” taking place in Osaka on November 19, 1995, is to begin securing agreement on an action plan for achieving the “Bogor goals” of free and open trade and investment in the Asia-Pacific region by 2020, with the developed economies doing so by 2010. With pragmaticism as the hallmark of APEC deliberations, the leaders are expected (1) to focus on the principles of an action plan, leaving aside more difficult issues, (2) to conclude certain “business facilitation” agreements, and (3) to agree to accelerate the implementation of certain Uruguay Round agreements. |
