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Asia-Pacific Economic Cooperation is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. Following the success of ASEAN's series of post-ministerial conferences launched in the mid-1980s, APEC started in 1989, in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; it aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific region, and exerts significant global influence.
The Asia–Pacific (APAC) is the region of the world adjoining the western Pacific Ocean. The region's precise boundaries vary depending on context, but countries and territories in Australasia, East Asia, and Southeast Asia are often included. In a wider context, Central Asia, North Asia, the Pacific Islands, South Asia, West Asia, and even Pacific-adjoining countries in the Americas can be included. For example, the Asia-Pacific Economic Cooperation (APEC) includes five countries in the New World. The term has become popular since the late 1980s in commerce, finance, and politics. Despite the heterogeneity of the regions' economies, most individual nations within the zone are emerging markets experiencing rapid growth. Sometimes, the notion of "Asia–Pacific excluding Japan" (APEJ) is considered useful.
APEC Peru 2008 was a series of political meetings held around Peru between the 21 member economies of the Asia-Pacific Economic Cooperation during 2008. Although business leaders of the region also met before the summit officially began. Leaders from all the member countries met during November 22–23, 2008, in the capital city of Lima.
APEC United States 2011 was a series of political meetings around the United States between the 21 member economies of the Asia-Pacific Economic Cooperation during 2011. It culminated in the 19th APEC Economic Leaders' Meeting held at the Hawaii Convention Center in Honolulu, Hawaii from November 12–13, 2011. The United States last hosted an APEC summit at the 1993 summit in Seattle. President Barack Obama, a Honolulu native, and First Lady Michelle Obama hosted the other leaders and spouses.
APEC Canada 1997 was a series of Asia-Pacific Economic Cooperation meetings focused on economic cooperation, held in Vancouver, British Columbia, Canada on 24–25 November 1997. It was the fifth APEC meeting in history, and the second held in the Americas. Though discussions also involved the admission of Peru, Russia, and Vietnam into the organization, the meeting focused on development in Asia-Pacific countries, and its implications for the world's economy. The role of the IMF was also discussed, as was the need to strengthen global cooperation with respect to economic activity, customs procedures, and emergencies. 47% of world trade is done by APEC members. The first day of the meeting was November 24, 1997.
The nations of Mexico and Peru established diplomatic relations in 1823. Diplomatic relations were briefly cut in 1932 and reinstated again in 1933. Both nations are members of the Asia-Pacific Economic Cooperation, Community of Latin American and Caribbean States, Lima Group, Organization of Ibero-American States, Organization of American States, Pacific Alliance and the United Nations.
APEC Philippines 2015 was the year-long hosting of the Asia-Pacific Economic Cooperation (APEC) meetings which concluded with the APEC Economic Leaders' Meeting held on 18–19 November 2015 in Pasay, Metro Manila. It was the second time the Philippines hosted the summit, the first being in 1996.
APEC Peru 2016 was the XXVIII year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Peru, which was culminate with the XXIV APEC Economic Leaders' Meeting in 19–20 November 2016 in Lima. It marked the second time Peru played host to the APEC, previously hosting in 2008.
APEC Philippines 1996 was a series of Asia-Pacific Economic Cooperation meetings focused on economic cooperation, held at the Subic Bay Freeport Zone in Subic, Zambales on 24–25 November 1996. It was the eighth APEC meeting in history and the first held in the Philippines.
APEC Mexico 2002 was a series of political meetings held around Mexico between the 21 member economies of the Asia-Pacific Economic Cooperation during 2002. Leaders from all member countries met from 26–27 October 2002 in Los Cabos. Counter-terrorism efforts were major topics on the agenda of APEC Mexico 2002. The APEC summit attempted to present a new opportunity for Asian investors and commercial agents to discover Mexico as a profitable frontier in the future.
APEC Chile 2004 was a series of political meetings held around Chile between the 21 member economies of the Asia-Pacific Economic Cooperation during 2004. Leaders from all the member countries met from 20 to 21 November 2004 in Santiago on the topic that Chile established was "One Community, Our Future".
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), also known as TPP11 or TPP-11, is a trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. It evolved from the Trans-Pacific Partnership (TPP), which was never ratified due to the withdrawal of the United States. The eleven members have combined economies representing 13.4 percent of global gross domestic product, at approximately US$13.5 trillion, making the CPTPP one of the world's largest free-trade areas by GDP, along with the United States–Mexico–Canada Agreement, the European single market, and the Regional Comprehensive Economic Partnership. The United Kingdom formally signed the trade agreement on 16 July 2023 and will join the agreement when it has been ratified by all parties, or after 15 months if the UK and a majority of CPTPP parties have ratified it before it takes effect.
APEC Papua New Guinea 2018 was the year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Papua New Guinea.
APEC Chile 2019 would have been an Asia-Pacific Economic Cooperation (APEC) series of meetings in Chile. The meetings were supposed to take place in Santiago and focus on the digital economy, regional connectivity, and women's role in economic growth.
The Forum for the Progress and Integration of South America is an initiative by Sebastián Piñera and Iván Duque, for the creation of an integration body to replace the Union of South American Nations.
New Zealand–Peru relations refers to the diplomatic relations between New Zealand and Peru. Both nations are members of Asia-Pacific Economic Cooperation, Cairns Group and the United Nations.
APEC Malaysia 2020 was the year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Malaysia from December 2019 until November 2020. Due to the COVID-19 pandemic, most of the meetings were held virtually, including the culminating Economic Leaders' Meeting.
APEC New Zealand 2021 was the year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in New Zealand from December 2020 until November 2021. Due to the COVID-19 pandemic, it was the second consecutive year that all of the meetings were held virtually, including the culminating Economic Leaders' Meeting.
APEC 2022 Thailand is a year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Thailand that took place in 2022. Thailand previously hosted APEC meetings in 2003 and 1992.
Peru–Singapore relations are the bilateral relations between Peru and Singapore. Both countries are members of the United Nations and the Non-Aligned Movement.
References
- ↑ "Perú será anfitrión del foro APEC por tercera vez para el 2024". Infobae. November 17, 2021. Retrieved November 18, 2023.
- ↑ "Perú será sede del foro APEC en el 2024". Andina. February 10, 2022. Retrieved November 18, 2023.
- ↑ "Declaración del Primer Ministro de Tailandia sobre APEC". apec.orga. February 10, 2022. Retrieved November 18, 2023.