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APEC Summit 2024
November 22 , 2024
16 hrs 0 min
37
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- The 2024 Asia Pacific Economic Summit was hosted in Lima, Peru.
- Asia Pacific Economic Cooperation (APEC), formed in 1989.
- It promotes the free trade, investment, and economic cooperation for sustainable growth.
- APEC streamlines cross-border movement of goods, services, investments, and people by improving customs and aligning regulations.
- APEC has 21 members including the US, China, Japan, and others, covering 40% of the world’s population and 60% of global GDP.
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