Asia-Pacific Economic Cooperation(APEC)
The Asia-Pacific Economic Cooperation (APEC) is a 21-member regional forum established in 1989. It promotes free trade and economic integration across the Pacific Rim through non-binding, consensus-based cooperation.
APEC Putrajaya Vision 2040 Goals
- Replaces the Bogor Goals with a focus on an open, dynamic, and resilient region.
- Prioritises Trade and Investment to advance the Free Trade Area of the Asia-Pacific (FTAAP).
- Drives Innovation and Digitalisation to bridge the digital divide and enhance productivity.
- Emphasises Inclusive and Sustainable Growth, targeting MSMEs, women, and environmental protection.
- Promotes seamless supply chain connectivity to withstand future global economic shocks.
India's Sectoral Dialogues Role
- India is currently an observer, ....
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