What is APEC?

1 APEC, the Asia-Pacific Economic Cooperation, is a forum which facilitates economic cooperation among 21 nations and regions in the Asia-Pacific area.

With an economic magnitude accounting for around 50% of the world's GDP, and 40% of both the world's population and world trade, APEC is working on areas such as trade and investment liberalization, business facilitation, human security, and economic and technical cooperation, aiming to achieve sustainable growth and prosperity for the region.

 

2. APEC's 21 Member Economies

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.

 

3. 2010 APEC Japan

2010APEC Japan will build upon its past successes to propose necessary “changes” and execute concrete “actions” to ensure that it will continue to play an important and relevant role in the 21st century. Specifically, 2010 APEC Japan will focus its efforts on promoting regional economic integration, formulating a new growth strategy, and enhancing human security such as food security and disaster preparedness.

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