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Asia-Pacific Economic Cooperation (APEC / ˈ eɪ p ɛ k / AY-pek) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
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About APEC. Last page update: January 2024. What is Asia-Pacific Economic Cooperation? The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
History. Last page update: October 2023. The idea of APEC was firstly publicly broached by former prime minister of Australia Bob Hawke during a speech in Seoul, Korea, on 31 January 1989. Ten months later, 12 Asia-Pacific economies met in Canberra to establish APEC.
May 3, 2024 · Asia-Pacific Economic Cooperation (APEC), organization that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region.
- Chung-In Moon
A New Look at the Free Trade Area of the Asia-Pacific (FTAAP): Review of APEC’s Collective Progress. Accessed: 87Published Date: May 2024Type: Reports.
Asia-Pacific Economic Cooperation is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
