Countries Joining APEC

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  • Опубліковано 4 жов 2024
  • The Asia-Pacific Economic Cooperation (APEC) is a forum for cooperation between 21 economies in the Pacific Ocean that was established in 1989.
    APEC Members:
    1.Australia
    2. Brunei Darussalam
    3. Canada
    4. Chile
    5. China
    6. Hong Kong
    7. Indonesian
    8. Japan
    9. South Korea
    10. Malaysian
    11. Mexico
    12. New Zealand
    13. Philippines
    14. Peru
    15. Papua New Guinea
    16. Russia
    17. Singapore
    18. Taiwan
    19. Thailand
    20. United States
    21. Vietnam
    APEC has three observers, namely the ASEAN Secretariat, the Pacific Economic Cooperation Council (PECC), and the Pacific Islands Forum (PIF) Secretariat.
    APEC Cooperation Principles
    Cooperation in APEC is built on several principles, namely:
    1.Consensus, which means that all decisions in APEC must be agreed upon by and benefit the 21 Member Economies.
    2. Voluntary and non-binding which means that all agreements in the APEC forum are carried out voluntarily and are not binding.
    3.Concerted unilateralism, which means the implementation of decisions is carried out jointly according to the capabilities of each economy, without reciprocity requirements.
    4. Differentiated time frame, namely that every developed economy is expected to liberalize first

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    Which country is Taiwan? Why is there no United Nations? 😂 I saw that the venue is only Chinese Taipei.