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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 Philippines

Russia

Singapore

Chinese Taipei

Thailand

The United States

Viet Nam

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12y ago

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Related Questions

Who is the HEAD of APEC?

APEC doesn't have a Head. APEC's Chairmanship is held by the hosting member economy. Each year, APEC's Chairmanship is held by difference economy.


International organizations Philippines is a member?

we are a member of WTO, APEC, ASEAN


What trading bloc is Malaysia a member of?

APEC,Carirns,ASEAN


What does APEC stand for?

APEC is the acronym for the Asia-Pacific Economic Cooperation, a group of Pacific Rim countries which promote free trade. The member economies (rather than countries) are:AustraliaBruneiCanadaChileRepublic of China (Taiwan)Hong Kong, ChinaIndonesiaJapanMalaysiaMexicoNew ZealandPeople's Republic of ChinaPeruPhilippinesRepublic of KoreaRussiaSingaporeThailandUnited StatesViet NamThe distinction between member economies and countries is so that Hong Kong, which is a special administrative region of PRC is a member alongside PRC.


When was Universidad APEC created?

Universidad APEC was created in 1965.


What is the purpose of APEC?

TL;DR: APEC was made in response to other trade agreements such as EU. APEC aims to be a free trade zone in the Asia-Pacific area to increase trade, reduce unemployment and increase living standards in Asia-Pacific. This is essentially just a theory at the present time, however, because they just seldom meet and when they do meet, other issues are discussed such as terrorism. APEC accounts for 41% of the world's population, 54% of the world's GDP and 44% of world trade. APEC aims to achieve free trade and therefor reduce unemployment in the Asia-Pacific region. APEC encourages free trade and investment. It is also non-discriminatory, meaning that they will trade with countries outside their agreement so long as the other country gives equal access to their markets. APEC is different to the EU because of this. If the EU trades with a country that is not part of their agreement, they tend to impose greater tariffs. This leads to less trade.


When was APEC established?

1989


What is apec?

APEC is an intergovernmental organization that facilitates the economic growth, trade, cooperation and investment. This forum was established in the year 1989.


When was APEC's headquarters built?

singapore


Why was apec created?

The Asia-Pacific Economic Cooperation (APEC) was created in 1989 to promote trade and economic cooperation among its member economies in the Asia-Pacific region. Its primary goal is to enhance regional economic integration, facilitate trade and investment, and foster sustainable economic growth. APEC aims to address common challenges and create a platform for dialogue and collaboration among diverse economies, thereby supporting overall stability and prosperity in the region.


What does APEC do?

"APEC was established in 1989 to further enhance economic growth and prosperity for the region and to strengthen the Asia-Pacific community."- apec.org


What is the goal of apec?

The goal of the Asia-Pacific Economic Cooperation (APEC) is to promote free and open trade and investment among its member economies, fostering economic growth and prosperity in the Asia-Pacific region. APEC aims to enhance regional cooperation and facilitate sustainable economic development by reducing trade barriers, improving economic integration, and addressing shared challenges. Additionally, it focuses on capacity building and fostering innovation to ensure that all members can benefit from economic opportunities.