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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
"In the sensitive sphere of the energy [industry], Russia is demonstrating an example of investment transparency," Putin said during his speech at the Asia-Pacific Economic Cooperation (APEC) summit in China.
YOKOHAMA - Leaders of the Asia-Pacific Economic Cooperation forum started their two-day talks Saturday in Yokohama to try to realize the creation of a regionwide free trade area and allow members to pursue a better quality of growth as a new APEC vision.
As always, a key element of our work in each of these areas will be cooperation with Asia-Pacific Economic Cooperation Business Advisory Council (ABAC) and with the broader business sector.
All economies in the region of Asia-Pacific must act in a responsible manner and work in unison to promote global growth." said Xi during the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Makati City on Wednesday.
According to Yonhap, Lee and Putin reached the agreement during a one-on-one summit held in this Far Eastern Russian city on the sidelines of an annual summit of the Asia-Pacific Economic Cooperation forum set to open later in the day, presidential spokesman Park Jeong-ha said.
Hu will also meet with Canadian Prime Minister Stephen Harper, Vietnamese President Truong Tan Sang and Peruvian President Ollanta Humala at the two-day summit of the Asia-Pacific Economic Cooperation forum starting Saturday in Honolulu, Assistant Foreign Minister Wu Hailong said at a press briefing.
YOKOHAMA - Japanese Prime Minister Naoto Kan and Chinese President Hu Jintao held bilateral talks Saturday on the sidelines of the Asia-Pacific Economic Cooperation forum meetings in Yokohama as the two nations try to mend strained ties.
The White House said Thursday the United States will host a summit of the Asia-Pacific Economic Cooperation forum in Honolulu on Nov.
regional and international strategy; promote stability in Northeast Asia, including on the Korean Peninsula; support the positive integration of China into regional and global institutions; strengthen regional institutions for managing political and economic challenges, including the ASEAN Regional Forum (ARF), Association of Southeast Asian Nations (ASEAN), and Asia-Pacific Economic Cooperation (APEC); and pursue regional growth and integration through free trade agreements (FTAs), Trade and Investment Framework Agreements (TIFAs), market openings, and other economic liberalization measures, as well as through democratization and rule of law programs.
Soldiers will guard the area during the Asia-Pacific Economic Cooperation forum on 20 and 21 October 2003.
During the recent Asia-Pacific Economic Cooperation (APEC) summit in Shanghai, Bush adminstration officials worked to reassure our newfound allies, Russia and Communist China, of our good intentions.

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