Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim countries (styled 'member economies') to cooperate on regional trade and investment liberalisation and facilitation. APEC's objective is to enhance economic growth and prosperity in the region and to strengthen the Asia-Pacific community. Members account for approximately 40% of the world's population, approximately 54% of world GDP and about 44% of world trade. An annual APEC Economic Leaders' Meeting, attended by the heads of government of all APEC members (with the exception of Chinese Taipei which is represented by a ministerial-level official). The location of the meeting rotates annually among the member economies, and a famous tradition involves the attending Leaders dressing in a national costume of the host member. (via Wikipedia)

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About Asia-Pacific Economic Cooperation

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Name: The Asia-Pacific Economic Cooperation (APEC)

Current members: 21

Type: Economic forum

Website: http://www.apec.org/

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