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APEC
Asia-Pacific Economic Cooperation Click on country for info on: Population, Growth Rate, Land Mass, Language, Literacy rate, Trade Imports, Ethnic Composition, etc.
APEC members consist of:
Indonesia Japan South Korea Malaysia Mexico New Zealand Papua New Guinea Peru Philippines Russia Singapore Taiwan Thailand USA Vietnam Members of APEC, are well diverse, ranging from economic giants such as the U.S. and Japan to tiny nations such as Brunei, Papua New Guinea. APEC economies are also geographically far stretching from Canada, Russia Arctic to the southern tip of South America, The Gobi Desert to New York. The one factor for the 21 economies have in common is that part of their land mass borders the Pacific Rim. APEC was founded in 1989 after the second leaders' summit at Bogor, Indonesia in 1994 which set a bold target: To remove all barriers to free trade by 2010 for developed countries and 2020 for the rest. APEC's progress since has achieved much in the past 10 years. It has become a major force for economic reform, having put in place far-reaching programs for trade liberalization, removal of unnecessary business cost and red tape, and economic cooperation between members. Most important, in 1994 the leaders of APEC committed themselves to free trade and investment. |
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