The Putrajaya Vision 2040, a new 20-year growth vision to replace the Bogor Goals was adopted during the summit.
After the virtual summit the APEC leaders issued the Kuala Lumpur Declaration.
The 2020 summit was hosted by Malaysia.
The official theme of the APEC Malaysia 2020 is "Optimising Human Potential Towards a Resilient Future of Shared Prosperity: Pivot. Prioritise. Progress".
APEC is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
APEC started in 1989 with headquarters at Singapore.