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Asia Pacific Economic Cooperation (view source)
Revision as of 06:01, 20 September 2011
, 13 years ago→Main Goal
==Main Goal==
==Main Goal==
The primary objective of APEC was identified during the Bogor Meeting in Indonesia in 1994 known as the Bogor Goals which include: free and open trade investment in the Asia Pacific Region by 2010 for industrialized countries while the developing countries target year will be on 2020. In 1995, the APEC member economies created the three pillars or the key areas of their cooperation which include:<ref>
The primary objective of APEC was identified during the Bogor Meeting in Indonesia in 1994 known as the Bogor Goals which include: free and open trade investment in the Asia Pacific Region by 2010 for industrialized countries while the developing countries target year will be on 2020. <ref>[http://www.apec.org/Meeting-Papers/Leaders-Declarations/1994/1994_aelm.aspx 1994 Leader Declaration]</ref>
[http://www.apec.org/FAQ.aspx Frequently Asked Questions-Main Goal]</ref>
==Scope of Work==
The APEC member economies are focused on achieving their declared goals by working on its three pillars or the key areas of their cooperation which include:<ref>[http://www.apec.org/About-Us/How-APEC-Operates/Scope-of-Work.aspx Scope of Work]</ref>
* Trade and Investment Liberalisation
* Trade and Investment Liberalisation
* Business Facilitation
* Business Facilitation