APEC PERU 2008
Increasing Asia-Pacific prosperity, stability and security through partnership and cooperation.
APEC's objectives are to promote sustainable economic growth and development, to strengthen the multilateral trade system and to increase the interdependence and prosperity of the member economies.
APEC functions through intergovernmental dialogue, non-discriminatory unilateral actions and voluntary adherence to the decisions adopted by the Forum.
The three pillars upon which the activities of APEC stand are:
- The liberalization of trade and investment
- Business facilitation
- Technical and economic cooperation
On this foundation, APEC members decided in 1994 to establish the Bogor Goals, which commit the most developed economies to achieve the complete liberalization of their foreign trade and investments by the year 2010, and the developing economies to do so by the year 2020.
The Secretariat of APEC has its headquarters in Singapore and operates as a support mechanism for the entire APEC process. As the coordinator, the APEC Secretariat offers technical support and advice, and administers information and communications.
For more information:
http://www.apec2008.org.pe/home.aspx
http://www.apec.org/
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