APEC Economies

APEC, or the Asia-Pacific Economic Cooperation, is a regional economic forum of 21 Pacific Rim countries that promotes free trade and economic cooperation. It was established in 1989 to foster sustainable economic growth and prosperity across the Asia-Pacific region. APEC economies work together to reduce trade barriers, enhance investment opportunities, and facilitate economic integration. Member economies include countries like the United States, China, Japan, Australia, and others. By collaborating on vital issues such as trade, innovation, and sustainable development, APEC aims to create a more interconnected and prosperous region for the benefit of all member economies.