APEC was established in 1989 in response to the growing interdependence among Asia-Pacific economies. APEC promotes open trade and practical economic cooperation amongst its members. In APEC terminology, members are referred to as “economies” and not as “c

APEC was established in 1989 in response to the growing interdependence among Asia-Pacific economies. APEC promotes open trade and practical economic cooperation amongst its members. In APEC terminology, members are referred to as “economies” and not as “c