Activities within the framework of the
of the 21 economies belonging to this bloc.
At this meeting, technical discussions are held on sustainable energy transition; carbon pricing measures and other related instruments; plus, the financing of hydrometeorological risks.
The attending deputy finance ministers discuss the global-regional economic and financial panorama, as well as the working agenda proposed by Peru for 2024 in the search for a more sustainable, digital, and resilient Asia-Pacific region.
The Asia-Pacific Economic Cooperation (APEC), established in November 1989, is an economic forum made up of 21 economies in the Asia-Pacific, considered the world's most dynamic region.
The objective of APEC is to promote greater prosperity across the Asia-Pacific region through the implementation of the "APEC Putrajaya Vision 2020-2040." It identifies three pillars: Trade and Investment; Innovation and Digitalization; Strong, Balanced, Secure, Sustainable, and Inclusive Growth.
21 leading economies
The APEC is made up of:
Australia, Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, the Russian Federation, Singapore, Chinese Taipei, Thailand, the United States, and Vietnam.
Together, they account for 62% of world's GDP, 48% of global trade in goods and services, plus 38% of the planet's population.
(END) NDP/MVB