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APEC Overview and Ability Foundation Goals

APEC is a regional economic forum established in 1989 consisting of 21 member economies in the Asia-Pacific region. APEC's goal is to promote balanced, sustainable, and secure economic growth through increased trade and investment integration. It works to facilitate the flow of goods, services, investment, and people across borders by streamlining customs procedures, promoting business-friendly policies, and aligning regulations and standards. For example, APEC's regulatory cooperation helps products be exported more easily with just one set of common standards across economies.

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0% found this document useful (0 votes)
50 views3 pages

APEC Overview and Ability Foundation Goals

APEC is a regional economic forum established in 1989 consisting of 21 member economies in the Asia-Pacific region. APEC's goal is to promote balanced, sustainable, and secure economic growth through increased trade and investment integration. It works to facilitate the flow of goods, services, investment, and people across borders by streamlining customs procedures, promoting business-friendly policies, and aligning regulations and standards. For example, APEC's regulatory cooperation helps products be exported more easily with just one set of common standards across economies.

Uploaded by

Josh Haban
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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HABAN, JOSHUA P

STATE ORGANIZATION

APEC: The Asia-Pacific Economic Cooperation


APEC) is a regional economic forum established in 1989 to leverage the growing
interdependence of the Asia-Pacific. APEC's 21 members aim to create greater prosperity for the
people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and
by accelerating regional economic integration.

APEC Members Date of Joining


Australia 6-7 Nov 1989
Brunei Darussalam 6-7 Nov 1989
Canada 6-7 Nov 1989
11-12 Nov
Chile
1994
People's Republic of 12-14 Nov
China 1991
12-14 Nov
Hong Kong, China
1991
Indonesia 6-7 Nov 1989
Japan 6-7 Nov 1989
Republic of Korea 6-7 Nov 1989
Malaysia 6-7 Nov 1989
17-19 Nov
Mexico
1993
New Zealand 6-7 Nov 1989
17-19 Nov
Papua New Guinea
1993
14-15 Nov
Peru
1998
The Philippines 6-7 Nov 1989
14-15 Nov
Russia
1998
Singapore 6-7 Nov 1989
12-14 Nov
Chinese Taipei
1991
Thailand 6-7 Nov 1989
The United States 6-7 Nov 1989
14-15 Nov
Viet Nam
1998

What Does APEC Do?

APEC ensures that goods, services, investment and people move easily across borders. Members
facilitate this trade through faster customs procedures at borders; more favorable business climates
behind the border; and aligning regulations and standards across the region. For example, APEC's
initiatives to synchronize regulatory systems is a key step to integrating the Asia-Pacific economy. A
product can be more easily exported with just one set of common standards across all economies.

NON-STATE ORGANIZATION
ABILITY FOUNDATION
•To promote equal opportunities for persons with disabilities that will enable integration in
mainstream society.

•To bring out the latent talents of persons with disabilities so as to maximise the utilisation of their
skills and abilities.

•To bring in attitudinal changes in society towards persons with disabilities and change the public’s
stereotyped perceptions.

Members

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