HCM City (VNA) – The APECSub-Committee on Standards and Conformance convened its tenth Conference onGood Regulatory Practices (GRP) in Ho Chi Minh City on August 19-20.

The event brought together more than 100representatives of both member and non-member economies of the Asia Pacific EconomicCooperation (APEC), along with experts from the Organisation for EconomicCooperation and Development (OECD), the Economic Committee, the InternationalOrganisation for Standardisation (ISO) and the Asian Development Bank (ADB),among others.

[APEC Sub-Committee on Customs Procedures mꦬeets in HCM City]

The delegates reviewed progresses in GRPmade by APEC economies and discussed major issues mentioned in the Renewed APECAgenda for Structural Reform.

They talked about processingand consideration of public comments in standards and technical regulations,trends and practices in regulatory impact analysis, and internationalcoordination in rulemaking activities.

They also shared good practices infulfilling tasks set for members of the World Trade Organisation (WTO).

The SCSC was established in 1994 to helpreduce the negative effects that differing standards and conformancearrangements have on trade and investment flows in the Asia-Pacific region.

The SCSC also promotes open regionalismand market-driven economic interdependence by encouraging greater alignment ofAPEC member economies' standards with international standards.

The first conference on GRPwas held in 2000 and the 9th editiontook place in 2016.-VNA