Australia has developed a capacity building project to conduct regulatory impact analysis training for APEC developing economies. APEC is funding the project, which involves a series of training courses in interested developing economies during 2012. The project was co-sponsored by Mexico, New Zealand and the Russian Federation. The regulatory impact analysis training program supports the initiative from Australia, New Zealand and the United States on Good Regulatory Practices agreed by APEC Leaders in Honolulu in November 2011. Australia, Mexico and New Zealand will provide the training, and will be paired with interested developing economies. The training is aimed at senior economic ministry and regulatory officials. The first training course was provided by the Office of Best Practice Regulation to approximately 60 Russian officials on 9 and 10 February in Moscow. The officials were drawn mainly from the Russian Ministry for Economic Development, along with officials from Russian provincial governments. The training included contributions from Mexico and New Zealand. Training courses for the other interested developing APEC economies will be scheduled and will conclude prior to APEC Leaders’ Week in 2012.