The Individual Action Plan (IAP) is a report updated annually each APEC Member Economy recording its actions that help realise the APEC goal, set down in Bogor, Indonesia, of free and open trade and investment in the APEC region by 2010 for industrialised economies and 2020 for developing economies.
In line with the concept of
concerted unilateral liberalisation,
APEC member economics undertake
these actions on a voluntary and
non-binding basis.
