	Main Points

Russia will host the Asia-Pacific Economic Cooperation's (APEC) week-long series of senior-level meetings in Vladivostok on September 2-9, 2012. The main event for the week will be the 20 th APEC Economic Leaders' Meeting to be held September 8-9, 2012. Secretary of State Hillary Clinton will represent the United States. The November 2011 APEC Meetings in Honolulu

On November 12-13, 2011, the United States hosted the 19 th APEC Economic Leaders' Meeting in Honolulu. In addition, the nine leaders of the nations that were then negotiating the TPP agreement—Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States, and Vietnam—met and announced what the Office of the U.S. Trade Representative (USTR) described as "the broad outlines of an ambitious, 21 st century Trans-Pacific Partnership (TPP) agreement." For the United States, another important outcome of the 2011 APEC Economic Leaders' Meeting was the agreement to set a cap tariff rate on "environmental goods" of 5%, and to phase out tariffs on environmental goods by 2015. However, the 21 APEC members could not reach a final agreement on which goods would be considered "environmental goods." The Agenda for the 2012 Economic Leaders' Meeting

As host for the 20 th APEC Economic Leaders' Meeting, Russia has the lead in setting the agenda for the two-day event. According to the APEC 2012 webpage, the main priorities are:
trade and investment liberalization and regional economic integration; strengthening food security; establishing reliable supply chains; and intensive cooperation to foster innovative growth. The United States has also enhanced relations with the Association of Southeast Asian Nations (ASEAN), by appointing the first resident U.S. The heightened U.S. engagement in the Asia-Pacific region has raised questions about APEC's continued role and relevance in U.S. foreign policy, particularly given the growing number of alternative regional events or organizations at which the United States can present its views. Some Chinese scholars and officials have expressed considerable concern about U.S motivations behind fostering a comprehensive free trade agreement in the Asia-Pacific region, perceiving TPP as part of a U.S. containment policy aimed at China. Implications for Congress

Congressional interest in APEC has generally focused on three issues—implications for U.S. trade policy in general, potential effects on relations with China, and budgetary matters. On occasion, the trade liberalization measures proposed to APEC by the United States in its Individual Action Plan (IAP) have required changes in U.S. trade laws (such as the lowering of tariff rates) or trade policy. Finally, as an APEC member, the United States must contribute to the annual budget of APEC to maintain the APEC Secretariat in Singapore and finance various APEC activities and programs. The Congressional Budget Justification for FY2013 includes a request for $1.028 million for APEC support.
Russia will host the Asia-Pacific Economic Cooperation's (APEC) week-long series of senior-level meetings in Vladivostok on September 2-9, 2012. The main event for the week will be the 20th APEC Economic Leaders' Meeting to be held September 8-9, 2012. President Barack Obama will not attend the event; Secretary of State Hillary Clinton will lead the U.S. delegation.
As host for the 20th APEC Economic Leaders' Meeting, Russia has set the main agenda items as: advancing trade and investment liberalization and regional economic integration; strengthening food security; establishing reliable supply chains; and promoting cooperation to foster innovative growth. The United States hopes to complete priorities established at last year's Economic Leaders' Meeting in Honolulu and support Russia's agenda in cases where the two nations share a common objective.
On November 12-13, 2011, the United States hosted the 19th APEC Economic Leaders' Meeting in Honolulu. While in Honolulu, the nine leaders of negotiating nations—Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States, and Vietnam—met and announced the broad outline for the Trans-Pacific Partnership (TPP) trade agreement, which to the United States and some other APEC members may serve as a stepping stone for a broader Free Trade Area of the Asia-Pacific open to all APEC members. However, not all APEC members support such a vision for the TPP.
Following the 19th APEC Economic Leaders' Meeting, the APEC leaders issued a declaration, reaffirming their opposition to protectionism and pledging to advance regional integration and the expansion of trade among APEC members. The leaders also agreed to set a cap tariff rate on "environmental goods" of 5%, and to phase out tariffs on environmental goods by 2015. However, they could not reach a final agreement on which goods would be considered "environmental goods."
Given the growing number of alternative regional events or organizations at which the United States can present its views, the heightened U.S. engagement in the Asia-Pacific region has raised questions about APEC's continued role and relevance in U.S. foreign policy. Since taking office, President Obama has strengthened ties with the Association of Southeast Asian Nations (ASEAN) and the East Asian Summit (EAS), raising questions about the roles of each of these groups in U.S. relations in the region. In addition, China has grown concerned about greater U.S. interest in the region, with some Chinese officials viewing it as part of a U.S. containment policy aimed at China.
Congressional interest in APEC has generally focused on three issues—implications for U.S. trade policy in general, potential effects on relations with China, and budgetary matters. On occasion, the trade liberalization measures proposed to APEC by the United States have required changes in U.S. trade laws. As an APEC member, the United States must contribute to the annual budget of APEC. The Congressional Budget Justification for FY2013 includes a request for $1.028 million for APEC support.