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What is the Asia-Pacific Economic Cooperation Forum (APEC)?

April 26, 2017apec cooperation Economic forum

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What is the Asia-Pacific Economic Cooperation Forum (APEC)?

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The Asia-Pacific Economic Cooperation (APEC) is a 21-member organization to discuss liberalization and facilitation of trade and investment and economic cooperation. Formed in 1989 as an informal forum for dialogue, APEC has taken steps in recent years to institutionalize its functions.