Weekly News – APEC Ministerial Conference on September 5

APEC Ministerial Conference took place in Vladivostok, Russia, on September 5.

The conference discussed issues on global value chains, food security, Doha Development Agenda, multilateral co-operation, and trade and development innovation. It also reached tariffs deal on an extended list of environmental goods.

Asia-Pacific Economic Cooperation (APEC), established in 1989, is a forum for 21 Pacific Rim member economies to support sustainable economic growth and prosperity by promoting free trade and economic cooperation in the Asia-Pacific region. APEC focuses on three key areas:

  • Trade and Investment Liberalization
  • Business Facilitation
  • Economic and Technical Cooperation

The APEC Ministerial Conference sets the stage for the 2012 APEC Economic Leaders’ Meeting, hosted by Russian President Vladimir Putin, in Vladivostok on September 8-9.

For more information: http://www.apec.org/