APEC Meeting was Held Virtually

The APEC secretariat is located in Singapore and is the core support mechanism of the APEC process.
Sheena

Updated: Nov 21, 2020 10:54:08 pm

APEC Meeting was Held Virtually

21 November 2020 Current Affairs:

Recently the Asia-Pacific Economic Cooperation (APEC) Vision Leaders Meeting was held recently. APEC (Asia-Pacific Economic Cooperation) is a regional economic forum established in 1989 to take advantage of the growing interdependence in the Asia-Pacific region.

Highlights:
♦ The goal of APEC is to create greater prosperity for the people in the region by promoting balanced, inclusive, sustainable, innovative and safe growth and accelerating regional economic integration.
♦ APEC is a cooperative, multilateral economic and trade forum.
♦ The APEC secretariat is located in Singapore and is the core support mechanism of the APEC process.
♦ There are currently 21 member economies. It includes Australia; Brunei Darussalam; Canada; Chile; People's Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; Filipinos; Russian Federation; Singapore; China Taipei; Thailand; United States; Vietnam; India is a non-member.

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