► As the host for APEC 2023, the US can take the lead to respond to the concerns of members related to the rising momentum of green (new) protectionism and advance the economic agenda to limit the scope of protectionism.
► The APEC fora can increase its economic leverage and facilitate trade in environmental goods by expanding the list of related goods based on a global value chain approach, identifying practical measures to reduce non-tariff barriers and streamline standards and technical regulations.
► The APEC Fora can commit to cooperating in a coherent and effective manner on circular economy issues – define, classify, and set standards for circular economy goods and explore options to incorporate circular economy related provisions in regional trade agreements.