The Asia-Pacific Economic Cooperation (APEC) is the premier regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific economies. Comprising 21 member economies, APEC strives to foster greater prosperity for the region’s people by promoting balanced, inclusive, sustainable, innovative, and secure growth.

APEC’s core mission is to champion free and open trade and investment, significantly contributing to global economic dynamism, as its members account for a substantial percentage of the world’s population, trade, and GDP. It achieves its goals through dialogue and consensus-based decisions, facilitating smoother cross-border movement of goods, services, investment, and people without legally binding obligations.