News and updates around the Asia-Pacific region
Port Moresby
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The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific. APEC's 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration.
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. For example, APEC's initiatives to synchronize regulatory systems is a key step to integrating the Asia-Pacific economy. A product can be more easily exported with just one set of common standards across all economies.
Papua New Guinea is preparing to host this yearโs APEC summit so this page will bring you updates and news on meetings already underway and preparations yet to be completed to host the leaders of 21 Economies of Asia Pacific Economic Cooperation (APEC) that will come.
