What is the aim and goal of APEC?

APEC aims to strengthen regional economic integration by removing impediments to trade and investment “at the border”, enhancing supply chain connectivity “across the border” and improving the business environment “behind the border.” The goal is to improve the operating environment for business by cutting red tape and …

What is the theme of 27th APEC economic Leaders Summit 2020?

It was chaired by Malaysia’s Prime Minister Muhyiddin bin Haji Muhammad Yassin under the 2020 APEC Malaysia theme of “Optimising Human Potential towards a Resilient Future of Shared Prosperity. Pivot. Prioritise. Progress”.

What are the four values of APEC?

Professionalism – We value a work environment grounded in cooperation and a shared vision. Respect – The Asia-Pacific region is diverse, and so is the APEC Secretariat. Integrity – We are entrusted with important work which demands accountability and transparency.

What are the three pillars of APEC?

To achieve these goals, APEC member economies developed a framework in Osaka, Japan in 1995, which sets out trade and investment liberalization, business facilitation, and economic and technical cooperation as the three key areas of cooperation, or otherwise known as the “Three Pillars” of APEC.

What did APEC achieve?

APEC has scored two tangible achievements to date: a sweeping but vaguely worded 1994 pledge by its member states to open up to free trade and investment by 2010 and 2020, and a central role in the negotiation of the 1996 Information Technology Agreement (ITA).

Which of the following declarations has been made in the APEC 2020 meeting?

The APEC 2020 ended with the adoption of the APEC Putrajaya Vision 2040 and the 2020 Kuala Lumpur Declaration. The APEC Summit 2021 will be hosted by New Zealand.

What has APEC achieved?

Who is the current head of APEC?

Dr Rebecca Fatima Sta Maria
Dr Rebecca Fatima Sta Maria has been reappointed Executive Director of the APEC Secretariat, the coordinating and technical advisory body for advancing the joint initiatives of the 21 APEC member economies.

Who sets the APEC agenda and work plan?

Who sets the APEC agenda and work plan? APEC operates with the consent of the Economic Leaders and Ministers of APEC member economies who meet throughout the year to chart the future of trade and investment cooperation in the Asia-Pacific region.

Who are the leaders of APEC?

Asia-Pacific Economic Cooperation
Type Economic meeting
Membership 21 economies Australia Brunei Canada Chile China Hong Kong Indonesia Japan South Korea Malaysia Mexico New Zealand Papua New Guinea Peru Philippines Russia Singapore Taiwan Thailand United States Vietnam
• Chairperson Prayut Chan-o-cha (2022)

What has the APEC PSU contributed to APEC 2015?

We commend the contributions of the APEC PSU and the APEC Study Centers to APEC’s work stream. In particular, we commend the PSU’s work to support the APEC 2015 Priorities, including the PSU assessment on the 2010 APEC Leaders’ Growth Strategy.

What do we commit to do at the APEC?

We commit to follow through on the goals of the APEC’s work programs in line with this priority area.

What does APEC stand for?

We, the Asia Pacific Economic Cooperation (APEC) Ministers convened on 16-17 November 2015 in Manila, the Philippines under the chairmanship of Albert F. del Rosario, Secretary of Foreign Affairs, and Gregory L. Domingo, Secretary of Trade and Industry.

What is the APEC Human Resource Development Working Group?

We support the APEC Human Resource Development Working Group (HRDWG) 2015-2018 Action Plan and its initiatives directed towards vulnerable and disadvantaged groups in society, such as persons with disabilities, women and youth, as well as mobile workers.