Changes

ELM was the first highest level meeting since APEC's inception and it became an important activity of the organization. Since 1993, it is held during the later months of every year.<ref>[http://www.chinaapec.org/en/about_apec/#chapc China APEC Development Council]</ref>

ELM was the first highest level meeting since APEC's inception and it became an important activity of the organization. Since 1993, it is held during the later months of every year.<ref>[http://www.chinaapec.org/en/about_apec/#chapc China APEC Development Council]</ref>

==Bogor Goals==

==The Bogor Goals==

The primary objective of APEC was identified during Bogor Meeting in Indonesia in 1994 known as the Bogor Goals wherein member economies agreed to achieve a "free and open trade investment in the Asia Pacific Region by 2010 for industrialized countries and by 2020 for developing countries. <ref>[http://www.apec.org/Meeting-Papers/Leaders-Declarations/1994/1994_aelm.aspx 1994 Leader Declaration]</ref>

The primary objective of APEC was identified during Bogor Meeting in Indonesia in 1994 known as the Bogor Goals wherein member economies agreed to achieve a "free and open trade investment in the Asia Pacific Region by 2010 for industrialized countries and by 2020 for developing countries. <ref>[http://www.apec.org/Meeting-Papers/Leaders-Declarations/1994/1994_aelm.aspx 1994 Leader Declaration]</ref>