History of APEC

What is Asia-Pacific Economic Cooperation?

Asia-Pacific Economic Cooperation, or APEC, is the premier intergovernmental forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region.

APEC is the only intergovernmental grouping in the world operating on the basis of non-binding commitments, open dialogue and equal respect for the views of all participants. Unlike the WTO or other multilateral trade bodies, APEC does not require treaty obligations of its participants.

APEC Member Economies

APEC's 21 member economies are

  • 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
  • The Republic of the Philippines
  • The Russian Federation
  • Singapore
  • Chinese Taipei
  • Thailand
  • United States of America
  • Viet Nam