In Osaka on 19 November 1995, APEC economic leaders initiated the
work of translating the Blake Island vision and the Bogor goals
into reality. They adopted the Osaka Action Agenda, a blueprint
for implementing their commitment to free and open trade and investment,
business facilitation, and economic and technical cooperation. Part
I of the Action Agenda deals with trade and investment liberalization
and facilitation. Part II deals with economic and technical cooperation
in areas such as energy and transportation, infrastructure, small
and medium enterprises, and agricultural technology. A Trade and
Investment Liberalization & Facilitation (TILF) Special Account
was established under the APEC Central Fund for APEC projects that
support implementation of the Osaka Action Agenda.
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