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APEC's 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration.
- APEC Member Economies
As Climate Change Gets Worse, Forests Must be Protected from...
- Policies and Procedures
APEC Guidelines on Managing Cooperation with Non-Members:...
- Achievements and Benefits
Its 21 member economies are home to around 2.95 billion...
- History
APEC leaders provide a roadmap for members to realize an...
- Mission Statement
APEC Delivers First-Ever Trade and Women Ministers’ Joint...
- Business Resources
The 2010 Guide to Investment Regimes of APEC Member...
- Policy Support Unit
In September 2007, APEC Ministers agreed to establish the...
- Others
The APEC High Level Policy Dialogue on Agricultural...
- APEC Member Economies
The Asia-Pacific Economic Cooperation (APEC) is a group of 21 economies located in the Asia-Pacific region that are dedicated to achieving a shared prosperity through economic growth and free trade.
There are 12 founding members of APEC, who were original signatories when the organization was formed in 1989. Those countries are the United States , Thailand , Singapore , the Philippines , New Zealand , Malaysia , South Korea , Indonesia , Canada , Brunei , and Australia .
Its 21 member economies are home to around 2.95 billion people and represent approximately 62 percent of world GDP and 48 percent of world trade in 2021. As a result of APEC’s work, growth has soared in the region, with real GDP increasing from USD 19 trillion in 1989 to USD 52.8 trillion in 2021.
Specifically, APEC aims to promote economic and technical cooperation among the members by stimulating flow of goods, services, capital and technology; to develop a liberalized trade and investment regime; to encourage private investment, and to support ‘open regionalism’.
Asia-Pacific Economic Cooperation (APEC / ˈ eɪ p ɛ k / AY-pek [1]) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. [2] Following the success of ASEAN's series of post-ministerial conferences launched in the mid-1980s, [3] APEC started in 1989, [4] in response to the growing interdependence of Asia-Pacific ...
APEC (Asia-Pacific Economic Cooperation) is a transnational organization founded in 1989, which today consists of 21 member countries in the Pacific region. In addition to the Asian littoral states, it also includes the United States, Canada, Mexico and Chile.
