Australia (as host of APEC 2023)

In 2023, Australia hosted the Asia-Pacific Economic Cooperation (APEC) forum, bringing together leaders from 21 member economies to discuss economic growth, trade, and regional cooperation. APEC aims to promote free trade and investment, enhance economic integration, and foster sustainable development across the Asia-Pacific region. The gathering allows member countries to collaborate on critical issues like digital economy, climate change, and inclusive growth, strengthening economic ties while addressing shared challenges. Hosting APEC emphasizes Australia’s role in the global economy and its commitment to multilateral cooperation and regional stability.