What does APEC mean in BUSINESS
APEC stands for the Asia-Pacific Enterprise Cooperation, an international initiative that aims to promote economic growth and development in the Asia-Pacific region. Founded in 1989, APEC works to facilitate regional economic integration through cooperation across twenty-one member countries, which include Australia, China, Japan, South Korea, Mexico, and the United States.
APEC meaning in Business in Business
APEC mostly used in an acronym Business in Category Business that means Asia-Pacific Enterprise Cooperation
Shorthand: APEC,
Full Form: Asia-Pacific Enterprise Cooperation
For more information of "Asia-Pacific Enterprise Cooperation", see the section below.
Essential Questions and Answers on Asia-Pacific Enterprise Cooperation in "BUSINESS»BUSINESS"
What is APEC?
APEC stands for the Asia-Pacific Enterprise Cooperation. It is an international initiative that seeks to promote economic growth and development in the twenty-one member countries of the Asia-Pacific region.
Who are members of APEC?
The twenty-one member countries of APEC include Australia, China, Japan, South Korea, Mexico and the United States.
What does APEC do?
APEC works to facilitate regional economic integration through cooperation among its member countries. It does this by promoting open markets and free trade with an aim toward achieving sustainable economic growth and prosperity for all members of the community.
How long has APEC been around?
The organization was founded in 1989.
What other initiatives does APEC support?
In addition to working to promote economic integration among its members through trade liberalization and open markets, APEC also works on a range of initiatives such as human resource development initiatives like staff training programs; environmental protection initiatives such as reducing emissions; and efforts to ensure food safety standards.
Final Words:
As one of the largest regional economic organizations in the world today, APEC is an important part of many countries' efforts to reduce poverty levels and increase living standards both at home and abroad. Through its wide range of initiatives and ongoing commitment to facilitating regional integration within its member countries, it plays a key role in ensuring that everyone in the Asia-Pacific region benefits from increased opportunities for sustainable growth.
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