What does APEC mean in US GOVERNMENT
The Asia-Pacific Economic Cooperation (APEC) is an intergovernmental forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region. Established in 1989, the APEC forum has been instrumental in advancing regional economic integration and facilitating the spread of best practices and policies among its members.
APEC meaning in US Government in Governmental
APEC mostly used in an acronym US Government in Category Governmental that means Asia Pacific Economic Cooperation
Shorthand: APEC,
Full Form: Asia Pacific Economic Cooperation
For more information of "Asia Pacific Economic Cooperation", see the section below.
Essential Questions and Answers on Asia Pacific Economic Cooperation in "GOVERNMENTAL»USGOV"
What is APEC?
The Asia-Pacific Economic Cooperation (APEC) is an intergovernmental forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region.
When was it established?
APEC was established in 1989.
Who are members of APEC?
APEC has 21 Pacific Rim member economies.
What are the goals of APEC?
The primary goals of APEC are to advance regional economic integration and facilitate the spread of best practices and policies among its members.
What are some accomplishments of APEC?
Since its establishment, APEC has implemented a wide range of initiatives to promote free trade and liberalize investment across its membership. It has also contributed to closer development cooperation between members, especially through measures such as capacity building activities designed to eliminate barriers to trade.
Final Words:
Through its efforts to promote free trade, open markets, and sustainable economic growth, APEC has played a significant role in helping shape the course of economic development in the Asia-Pacific region over the past three decades. As it continues to strive for greater prosperity and stability in this region, APEC will remain an important institution for promoting regional cooperation among its members.
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All stands for APEC |