APEC was established in 1989 with 12 founding members and has grown to include 21 member economies. Its mission is to support sustainable economic growth in the Asia-Pacific region and build a harmonious community. APEC's goals include achieving free and open trade and investment through the Bogor Goals of 2010 for developed and 2020 for developing members. Key activities include liberalizing trade and investment, facilitating business, and strategic economic partnerships. APEC members represent over half of global GDP and international trade.

2. Presented By :-
Pradeep Kumar. K – 13/150
ICBM-SBE

3. Content . . .
• About APEC
• Mission
• Vision
• Objective
• Purpose and goals
• APEC activities
• Achievements
• APEC’s Three Pillars
• Some important point of APEC
• Members of APEC
• Summary

4. ABOUT APEC ! !
 Established in 1989 with 12 member countries in
Canberra, Australia
 It is a co-operative effort of 21 countries with a
common goal of improving free trade
 Headquarters of APEC is in Singapore

5. Cont. . .
• It is the premier forum for facilitating economic
growth, cooperation, trade and investment in the
Asia-Pacific region .
• Every year, one member country plays host to the
meeting.
• APEC’s 21 members represent 41% of the global
population, 49% of international trade and 56% of
the world’s Gross Domestic Product (GDP).

6. MISSION OF APEC
 To support sustainable economic growth and
prosperity in Asia-Pacific region
 To build a dynamic and harmonious Asia-
Pacific community

7. Vision
• The 'Bogor Goals' of free and open trade and
investment in the Asia-Pacific by 2010 for
industrialized economies and 2020 for
developing economies.

8. objective
 To sustain the growth and development of the
world economy
 To increase economic interdependence by
encouraging the flow of goods, services and
technology
 To develop multi-lateral trading system
 To reduce the barriers of trade in goods and
services

9. Purpose and Goals
 To strengthen the Asia-
Pacific community by
enhancing economic growth and prosperity
 APEC works to establish” anti-“protectionist
policies and reduces tariffs rate
 Creates jobs and provides greater opportunities
for international trade and investment

10. APEC Activities! !
• Managing Globalization.
• Creating new opportunities.
• Making APEC matter more.
• Action agenda for new economy
a) e-Commerce Readiness Assessment
b) paperless trading
c) building capacity in both people and
instruction

11. Achievements. . .
 APEC achieved great improvements in the
following four major fields:-
 tariff reduction
 Non-tariff measures release
 Services
 Investment
 In the Political and social areas, economies can
equally exchange their point of view on the
regional as well as world affairs, including
security

12. Cont. . .
• In external, APEC created “open
regionalism” instead of closed trading block
• APEC firmly support the multi lateral
trading system

13. APEC’s Contribution to World GDP
1989-2003 (US$ billion)
Real and per capita GDP growth 1989-2003 (US$ billion)

14. APEC's Three Pillars
• Trade and Investment Liberalisation
• Business Facilitation
• Tran’s pacific strategic economic partnership
agreement
a) P4 agreement
b) pacific 3 closer economic
partnership

15. some important points of Apec
• APEC business advisory council
a) to achieve Bogor goal and other specific
business sector priority
b) nominate 3 members
c) provide annual report
• Discussion of 2009 meeting.

16. Members of apec
Member economy Date of accession
Australia 1989
Brunei 1989
Canada 1989
Indonesia 1989
Japan 1989
Republic of Korea 1989
Malaysia 1989
New Zealand 1989
Philippines 1989

17. Cont…..
Singapore 1989
Thailand 1989
United States 1989
Taiwan 1991
Hong Kong, China 1991
People's Republic of China 1991
Mexico 1993
Papua New Guinea 1993
Chile 1994
Peru 1998
Russia 1998
Vietnam 1998

18. So We Have learnt. . .
• ABOUT APEC
• Mission and vision
• Objectives
• Purpose and goal
• APEC’s activities
• Achievements
• APEC's Three Pillars
• Some important point of APEC
• Members of APEC

20. Thank You ! ! !