Asia-Pacific Economic Cooperation

Asia-Pacific Economic Cooperation (APEC) is an inter-governmental forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region. Inspired from the success of Association of Southeast Asian Nations (ASEAN)’s series of post-ministerial conferences launched in the mid-1980s, the APEC was established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; and to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore, the APEC is recognised as one of the oldest forums and highest-level multilateral blocs in the Asia-Pacific region, and exerts a significant global influence. An annual APEC Economic Leaders' Meeting is attended by the heads of government of all APEC members except Republic of China (which is represented by a ministerial-level official under the name Taiwan as economic leader). The location of the meeting rotates annually among the member economies, and a famous tradition, followed for most (but not all) summits, involves the attending leaders dressing in a national costume of the host country. APEC has three official observers: the Association of Southeast Asian Nations Secretariat, the Pacific Economic Cooperation Council and the Pacific Islands Forum Secretariat. APEC's Host Economy of the Year is considered to be invited in the first place for geographical representation to attend G20 meetings following G20 guidelines.

Words

This table shows the example usage of word lists for keywords extraction from the text above.

WordWord FrequencyNumber of ArticlesRelevance
apec71970.283
asia-pacific613660.197
economic6390930.118
cooperation495400.101
economies317710.095

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