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Asia-Pacific Economic Cooperation Pact |
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Asia-Pacific Economic Cooperation Pact (APEC) A loose economic affiliation of Southeast Asian and Far Eastern nations. The most prominent members are China, Japan, and Korea. Asia-Pacific Economic Cooperation Pact An organization promoting trade and economic liberalization among countries with borders along the Pacific Ocean. It has 21 members including Australia, Canada, China, Chile, Japan, Russia, South Korea, and the United States. Heads of government of member nations meet annually to discuss trade and economic issues. It was established in 1989 and is headquartered in Singapore. See also: ASEAN, Free Trade Area of the Asia-Pacific. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | Singapore, Nov 14, 2009 - (ACN Newswire) - Business leaders here advocated an enlightened and sustainable approach to lead the world out of the crisis, through striking a balance between free enterprise and regulation, as the APEC CEO Summit came to a close today. Everyone spoke of the need for Japan to take a more proactive role,'' an official from an Asian APEC member said after the first day of a two-day meeting of senior officials to prepare for the APEC summit next weekend. On his way to attend the 18th annual Asia Pacific Economic Cooperation (APEC) Forum in Vietnam, President Bush acknowledged in Singapore on November 16: "Recently, some APEC members have advanced the idea of a free trade agreement for the entire APEC region. |
Apec |
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