ASIA-

PACIF
IC
ECONO
COOPER
MIC
ASIA-PACIFIC ECONOMIC
COOPERATION
the premier forum for facilitating economic
growth, cooperation, trade and investment in
the Asia- Pacific region

accounts for nearly half of world trade

 TYPE OF TRADE
BLOC
PREFERENTIA CUSTOMS
L TRADE AREA UNION

FREE TRADE COMMON

AREA MARKET
 TYPE OF TRADE
BLOC
Trade freely amongst themselves
but have individual trade barriers
with countries outside the free
trade area.

All members have most

FREE TRADE favored nation status,
AREA which means that they are all
treated equally.
 21 MEMBERS OF
AUSTRALIA APEC JAPAN PHILIPPINES

BRUNEI KOREA, SOUTH RUSSIA

DARUSSALAM

CANADA MALAYSIA SINGAPORE

TAIWAN (CHINESE
CHILE MEXICO
TAIPEI)

CHINA NEW ZEALAND THAILAND

HONG KONG, PAPUA NEW UNITED STATES

CHINA GUINEA

INDONESIA PERU VIET NAM

HISTORY OF
APEC
 HISTOR
Y

APEC begunIt wasasestablished

an informal Ministerial-
in response to the growing
level dialogue in Canberra,
interdependence Australia ineconomies and
of Asia-Pacific
1989 the advent of regional trade blocs in other parts
of the world; and to establish new markets for
agricultural products and raw materials beyond
Europe
 HISTOR
Y
The founding members were Australia; Brunei
Darussalam; Canada; Indonesia; Japan; Korea; Malaysia;
New Zealand; the Philippines; Singapore; Thailand; and
the United States.
 HISTOR
Y

China; Hong Kong, China; and Chinese

Taipei joined in 1991. Mexico and Papua
New Guinea followed in 1993. Chile
acceded in 1994. And in 1998, Peru;
Russia; and
 HISTOR
Y

India, Mongolia, Pakistan, Laos,

Bangladesh, Costa Rica, Colombia,
Panama, and Ecuador are among dozen
CURRENT
EVENTS
eveloping the APEC Education Strategy and its Action Plan
The strategy reflects not only the importance given to education development
and education cooperation by APEC member economies, but also the
increasingly important role of education in economic growth and integration
across the region. It is based on the following three pillars:
• Enhancing and aligning competencies to the needs of individuals,
societies and economies
• Accelerating innovation
• Increasing employability
APEC Steps Up Promotion of Cross-Border Privacy Rules

APEC economies, data privacy regulators, and other stakeholders are

exploring ways to bolster the Cross-Border Privacy Rules (CBPR) system.
Endorsed by APEC leaders in 2011, the CBPR system establishes enforceable,
binding commitments to safeguard consumers’ personal information and foster
growth of the digital economy.
 APEC SME Ministers Commit to Inclusion Through
Digital Transformation
Ministers in charge of small and medium enterprise (SME) policy APEC
economies convened, to talk about one of the most underrepresented but vital
business sectors of the Asia-Pacific region.

The focus of their discussion: the digitization, internationalization and

access to financing for small businesses, as well as their potential as one of
the most effective ways to empower women and integrate them into the
global economy
thank you!