APEC Framework for Conducting Trade

The APEC Framework for Conducting Trade refers to guidelines established by the Asia-Pacific Economic Cooperation (APEC) group, which comprises 21 member economies. Its main goal is to promote free trade and economic cooperation among countries in the Asia-Pacific region. The framework encourages reducing trade barriers, enhancing investment opportunities, and improving the flow of goods and services. By fostering collaboration on trade policies, APEC aims to stimulate economic growth, increase competitiveness, and ensure sustainable development among its members, ultimately benefiting businesses and consumers alike.