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Asia-Pacific Economic Cooperation ( APEC / ˈeɪpɛk / AY-pek [1]) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. [2] .
APEC, or the Asia Pacific Economic Cooperation, was established in 1989 by 12 economies (including the Philippines) and became a non-binding and voluntary forum where trade, investment and economic cooperation issues are discussed. Since its establishment, APEC now has 21 member-economies.
APEC Philippines 2015 was the year-long hosting of the Asia-Pacific Economic Cooperation (APEC) meetings which concluded with the APEC Economic Leaders' Meeting held on 18–19 November 2015 in Pasay, Metro Manila. It was the second time the Philippines hosted the summit, the first being in 1996.
APEC Business Travel Card (ABTC) provides business people streamlined entry to participating economies through a simple pre-clearance system that allows them, through a single application, to obtain a multiple short-term entry to participating APEC economies.
13 Quotes from President Ferdinand E. Marcos, Jr of the Republic of the Philippines at the APEC CEO Summit As Climate Change Gets Worse, Forests Must be Protected from Illegal Activity PECC Gauges Views on the State of the Region
What is Asia-Pacific Economic Cooperation? The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
Visitors to the Philippines from APEC comprised 83% of tourist arrivals. There are 33 Philippine Government partner agencies engaged in APEC’s broad agenda ranging from trade and investment, customs procedures and regulatory reform to women’s economic empowerment, mental health and health industry ethics.
APEC Business Advisory Council (ABAC Philippines) composed of three business executives from each member economy tasked to provide the business perspective on specific areas of APEC cooperation. Learn more!
Nov 17, 2015 · “The APEC Strategy for Strengthening Quality Growth reaffirms and aligns APEC’s 2010 APEC Leaders’ Growth Strategy with the UN’s Sustainable Development Goals, and builds on it by instituting three Key Accountability Areas: (1) institution building; (2) social cohesion; and (3) environmental impact,” he pointed out.
