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.
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.
Clinton told the story to employees of the American Consulate in Vancouver, British Columbia, on the way out of town from the Asia-Pacific Economic Cooperation meeting.
The two organizations agreed to three programs: VCCI and IDG will work together to develop the use of information technology in Vietnamese enterprises aiding their competitiveness and efficiency; both organizations will cooperate to organize technology events and awards programs in Vietnam, Laos, and Cambodia; and, IDG and VCCI will have major roles in organizing an Asia-Pacific Economic Cooperation (APEC) technology CEO/CIO Summit and Awards event in Vietnam in November 2006.
He voiced hope that the two countries will earnestly adopt the consensus reached by leaders of the two sides to boost cooperation in energy and other fields, so as to gear up for a meeting between their country heads on the sidelines of an informal leaders' meeting of the Asia-Pacific Economic Cooperation forum in Beijing next month.
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.
The following is the gist of two statements issued Thursday by ministers of the Asia-Pacific Economic Cooperation forum at the end of their two-day meeting in Yokohama.
YOKOHAMA - Japanese Prime Minister Naoto Kan and Chinese President Hu Jintao held talks Saturday on the sidelines of the Asia-Pacific Economic Cooperation summit in Yokohama, as the two nations try to patch up their relations.
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.

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