What is Asia-Pacific Economic Cooperation?
Asia-Pacific Economic Cooperation, or APEC, is the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region .
APEC is the only inter governmental grouping in the world operating on the basis of non-binding commitments, open dialogue and equal respect for the views of all participants. Unlike the WTO or other multilateral trade bodies, APEC has no treaty obligations required of its participants. Decisions made within APEC are reached by consensus and commitments are undertaken on a voluntary basis.
APEC has 21 members - referred to as "Member Economies" - which account for approximately 40.5% of the world's population, approximately 53.4% of world GDP and about 47.8%3 of world trade.
APEC's 21 Member Economies are
Asia-Pacific Economic Cooperation, or APEC, is the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region .
APEC is the only inter governmental grouping in the world operating on the basis of non-binding commitments, open dialogue and equal respect for the views of all participants. Unlike the WTO or other multilateral trade bodies, APEC has no treaty obligations required of its participants. Decisions made within APEC are reached by consensus and commitments are undertaken on a voluntary basis.
APEC has 21 members - referred to as "Member Economies" - which account for approximately 40.5% of the world's population, approximately 53.4% of world GDP and about 47.8%3 of world trade.
APEC's 21 Member Economies are
- Australia;
- Brunei Darussalam;
- Canada;
- Chile;
- People's Republic of China;
- Hong Kong, China;
- Indonesia;
- Japan;
- Republic of Korea;
- Malaysia;
- Mexico;
- New Zealand;
- Papua New Guinea;
- Peru;
- The Republic of the Philippines;
- The Russian Federation;
- Singapore;
- Chinese Taipei;
- Thailand;
- United States of America;
- Viet Nam.
http://www.apec.org/apec/about_apec.html
To read the 2008 Leaders' Declaration at the 16th APEC Economic Leader's Meeting, which was made on 22nd-23rd November 2008, click here.
(logo of APEC from official website of APEC)
(group photo of APEC Economic Leaders from here)
To read the 2008 Leaders' Declaration at the 16th APEC Economic Leader's Meeting, which was made on 22nd-23rd November 2008, click here.
(logo of APEC from official website of APEC)
(group photo of APEC Economic Leaders from here)
No comments:
Post a Comment