Changes

Line 31: Line 31:  
[http://actrav.itcilo.org/actrav-english/telearn/global/ilo/blokit/apeccan.htm#Summary Statement APEC Joint Statement: 1989 Canberra]</ref>
 
[http://actrav.itcilo.org/actrav-english/telearn/global/ilo/blokit/apeccan.htm#Summary Statement APEC Joint Statement: 1989 Canberra]</ref>
   −
==APEC General Pinciples==
+
==APEC General Principles==
 +
APEC's general principles were unanimously instituted by its founding members during the Canberra Ministerial Meeting in 1989 which include:<ref>[http://www.pecc.org/resources/doc_view/601-back-to-canberra-founding-apec Chapter 5: Founding APEC]</ref>
 +
* APEC's objective is to enhance economic cooperation in order to maintain the growth and development of the region and contribute to the  global economic growth and development.
 +
* The diversity of the region, different social and economic systems as well as the current levels of development should be recognized in the Cooperation.
 +
* Cooperation should include commitment to open dialogue, consensus and equal respect for all participants and their views or opinions.
 +
* Cooperation should be based on non-formal exchanges of consultations among Asia Pacific economies.
 +
* The focus of cooperation should be on economic areas where there is an opportunity for progress on common interests and achieve common interests.
 +
* Asia Pacific economies should be consistently cooperate on strengthening the open multilateral system and should not be involved in creating a trading block.
 +
* Asia Pacific Cooperation should endeavor to strengthen the gains from independence for both regional and world economy by encouraging the flow of goods, services, capital and technology.
 +
* Cooperation should complement and move towards existing organizations in the region including intergovernmental bodies and less formal consultative bodies such as the Association of Southeast Asian Nations (ASEA) and Pacific Economic Cooperation Council (PECC).
 +
* Participation of Asia Pacific economies maybe expanded in the future based on the consensus among it should be evaluated based on the strength of economic linkages within the region.
    
==Main Goal==
 
==Main Goal==
9,082

edits