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==History==
 
==History==
APEC was established in 1989 by 12 Asia Pacific economies during a meeting in Canberra, Australia. The 12 founding members of APEC include:  Australia, Brunei Darussalam, Canada, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and the United States. In 1991, China, Hongkong and Taipei joined the organization followed by Mexico and Papua New Guinea in 1993, Chile in 1994 while Peru, Russia and Vietnam finally joined APEC in 1998. APEC meetings started as informal senior official and Ministerial level dialogue. Former U.S. President [[Bill Clinton]] established the annual APEC Economic Leaders Meeting in 1993. In 1997, a ten years moratorium was implemented on APEC membership. In 2007, the moratorium was extended until 2010.<ref>[http://www.apec.org/About-Us/About-APEC/History.aspx History]</ref>
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APEC was established in 1989 by 12 Asia Pacific economies during a meeting in Canberra, Australia. The 12 founding members of APEC include:  Australia, Brunei Darussalam, Canada, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and the United States. In 1991, China, Hongkong and Chinese Taipei joined the organization followed by Mexico and Papua New Guinea in 1993, Chile in 1994 while Peru, Russia and Vietnam finally joined APEC in 1998. APEC meetings started as informal senior official and Ministerial level dialogue. Former U.S. President [[Bill Clinton]] established the annual APEC Economic Leaders Meeting in 1993. In 1997, a ten years moratorium was implemented on APEC membership. In 2007, the moratorium was extended until 2010.<ref>[http://www.apec.org/About-Us/About-APEC/History.aspx History]</ref>
    
==Main Goal==
 
==Main Goal==
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