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- Asia-Pacific Economic Cooperation
APEC Senior Officials Forge Common Ground ahead of Leaders’ Meeting Gyeongju, Republic of Korea | 27 October 2025
- About APEC
What Does APEC Do? APEC ensures that goods, services, investment and people move easily across borders Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region
- History - APEC
The idea of APEC was firstly publicly broached by former prime minister of Australia Bob Hawke during a speech in Seoul, Korea, on 31 January 1989 Ten months later, 12 Asia-Pacific economies met in Canberra to establish APEC
- Achievements and Benefits - APEC
APEC has grown to become a dynamic engine of economic growth and one of the most important regional forums in the Asia-Pacific Its 21 member economies are home to around 2 95 billion people and represent approximately 62 percent of world GDP and 48 percent of world trade in 2021
- Frequently Asked Questions - APEC
The APEC Secretariat serves as the core support mechanism for the APEC process, providing procedural guidance, coordination, information and public outreach services
- How APEC Operates
APEC member economies report progress towards achieving free and open trade and investment goals through Individual Action Plans (IAPs) and Collective Action Plans (CAPs)
- Member Economies - APEC
Discover the 21 member economies of APEC and their collaborative efforts to promote prosperity and economic integration in the Asia-Pacific region
- News Releases - APEC
Senior officials from APEC economies convened in Shenzhen, a modern southern coastal city of China, to lay the groundwork for the forum’s agenda for next year
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