AIC Signatory to CAPEC Letter:Trans Pacific Partnership (TPP) De Minimis

Government leaders and trade negotiators attended the TPP Ministerial Meeting, which was held in Singapore from 7 – 10 Dec 2013.

The TPP agenda aims to expand the flow of goods, services and capital among the members.

AIC was one of the signatories in support of a letter from the Conference of Asia Pacific Express Carriers (CAPEC) to regional government leaders from Singapore, Vietnam, Malaysia and Japan  urging for a competitive de minimis baseline, which is critical to the fulfilment of e-Commerce.

The letter reiterates that a competitive de minimis will bring benefits to all businesses that leverage e-Commerce to reach global markets, and is a new and important enabler for the growth of SMEs and their integration into global supply chains.