- Acronym of Asia-Pacific Economic Cooperation. (Wiktionary)
“The gathering at the Asia-Pacific Economic Cooperation summit, also known as APEC, which is taking place this year in Singapore.”
“David W. Eaton, an advisor to the APEC (Asia-Pacific Economic Cooperation) Business Consultancy Council, has announced that APEC is considering a proposal for a trans-Pacific multimodal freight corridor linking U.S. cities such as San Antonio, Fort Worth, Oklahoma and Kansas with Asia via the Mexican port of Manzanillo.”
“Mexico sees its prominent role in APEC as a landmark, opening up more possibilities for increased trade and technology links with APEC's Asian member countries, particularly for smaller companies.”
“Both countries have taken leadership roles in APEC, and both countries are in the forefront of efforts to ensure that the recent financial crisis in Asia neither infects the global economy nor undermines the market disciplines necessary to avoid similar crises in the future.”
“These collaborative measures and the co-operative way in which APEC members are addressing the financial situation are outstanding examples of the economic and technical co-operation of which APEC is capable.”
“A source from a Latin American APEC member described two competing visions: "The liberals who want to open APEC up because it means more markets and trade, and the conservatives who prefer to consolidate the forum.”
“And she suggested the TPP was being considered as one of the building blocks for a Free Trade Agreement of the Asia Pacific (FTAAP), a longer term APEC proposal to liberalise trade in the region.”
“The APEC leaders agreed to accelerate plans aimed at cutting transaction costs in the Asia-Pacific region by an extra 5 percent by 2010, to facilitate investment and speed up research on a standard-model free trade agreements with an Asia-Pacific free-trade area, a long-term APEC goal.”
“Twenty years ago then-Australian Prime Minister Bob Hawke first raised the idea of APEC in South Korea.”
“It happened just the last hour and he is there for the summit of regional leaders at APEC, which is called the Asia-Pacific Economic Cooperations, a gathering there.”
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