Asia Pacific Economic Cooperation


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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.

Asia Pacific Economic Cooperation (APEC)

a regional alliance formed in 1990 with the general objective of establishing a ‘free trade area’ (see TRADE INTEGRATION entry for details). There are currently 18 members of APEC: USA, Canada, Japan, China, Mexico, Chile, Australia, New Zealand, Papua New Guinea, South Korea, Taiwan, Hong Kong, Thailand, Philippines, Brunei, Malaysia, Singapore and Indonesia. The USA, Canada and Mexico are also members of the NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA), and Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand are also members of the ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN).
References in periodicals archive ?
Today, the principal engines of regional coherence are multilateral organizations such as the Association of Southeast Asian Nations (ASEAN) and the Asia Pacific Economic Cooperation (APEC) forum.
The CAB designations were awarded MiCOM Labs by the designation authority of each country under Phase I of the Asia Pacific Economic Cooperation Mutual Recognition Arrangement (APEC Tel MRA).
Bush and Secretary of State Condoleeza Rice used their recent trip to the Asia Pacific Economic Cooperation summit in South Korea to press for action.
Tang is the current chairman for the Trade Development Alliance of Greater Seattle and sits on the boards of the National Bureau of Asian Research, the National Center for Asia Pacific Economic Cooperation, and the National Committee on U.
16e standard and intends to be the first company to give a trial performance at the Asia Pacific Economic Cooperation (APEC) Summit this year and commercially launch high-bandwidth wireless data access technology early next year in Korea.
members of the Asia Pacific Economic Cooperation (APEC) Business Advisory Council will host a half-day business symposium February 4, 2004 at Miami's Doral Resort.
He was a research associate at London School of Economics and Political Sciences, senior research fellow in International Research Center for East Asia Studies in Japan, and a Chinese delegate to the Asia Pacific Economic Cooperation ("APEC").
Financier : Asia Pacific Economic Cooperation (APEC),United States Agency for International Development (USAID),World Bank (WB),

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