TNPSC Thervupettagam

APEC Summit 2024

November 22 , 2024 31 days 194 0
  • 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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