APEC
Organizations & Companies abbreviation · International Organization
| Stands for | Asia-Pacific Economic Cooperation |
|---|---|
| Categories | Organizations & Companies |
APEC stands for Asia-Pacific Economic Cooperation, an international organization abbreviation.
Forum of 21 Pacific Rim economies, including the United States, China, Japan and Russia, that promotes free trade and economic cooperation through voluntary, nonbinding commitments. Its secretariat is in Singapore.
Example: APEC leaders posed for the traditional photo in matching local shirts.
Usage notes
Founded in 1989, it refers to its members as "economies" so that Taiwan, as Chinese Taipei, and Hong Kong can take part alongside sovereign states. The annual leaders' meeting rotates among members. Its 1994 Bogor Goals called for free and open trade in the region.
Related abbreviations
More international organization abbreviations
- ADB – Asian Development Bank
- AfDB – African Development Bank
- AIIB – Asian Infrastructure Investment Bank
- ANZUS – Australia, New Zealand, United States Security Treaty
- ASEAN – Association of Southeast Asian Nations
- AU – African Union
- AUKUS – Australia, United Kingdom, United States
- BIS – Bank for International Settlements
- BRICS – Brazil, Russia, India, China, South Africa
- CARICOM – Caribbean Community
- CERN – European Organization for Nuclear Research
- CIS – Commonwealth of Independent States