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    https://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation
    Asia-Pacific Economic Cooperation - Wikipedia
    HeadquartersSingapore
    Establishment1989
    TypeEconomic meeting
    History

    The initial inspiration for APEC came when the Association of Southeast Asian Nations (ASEAN)'s series of post-ministerial conferences, launched in the mid-1980s, had demonstrated the feasibility and value of regular c… See more

    Member economies

    Currently, APEC has 21 members. The criterion for membership, however, is that each member must be an independent economic entity, rather than a sovereign state. As a result, APEC uses the term member ec… See more

    Possible enlargement

    India has requested membership in APEC, and received initial support from the United States, South Korea, Australia, and Papua New Guinea. Officials have decided not to allow India to join for various reasons, including th… See more

    Business facilitation

    As a regional organization, APEC has always played a leading role in the area of reform initiatives in the area of business facilitation. The APEC Trade Facilitation Action Plan (TFAPI) has contributed to a reduction o… See more

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