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Background APEC 2011 Info

11-07-2011 14:50 BJT

The Asia-Pacific Economic Cooperation (APEC) forum is the premier economic organization in the Asia-Pacific region. Established in 1989 by 12 economies, including the United States, APEC fosters growth and prosperity by facilitating economic cooperation and expanding trade and investment throughout the region.

APEC’s 21 member economies today account for 55 percent of global GDP, purchase 58 percent of U.S. goods exports, and comprise a market of 2.7 billion consumers. Seven of America’s top 15 trade partners are in APEC.

APEC USA 2011

The United States will host APEC in 2011 for the first time since 1993. Meetings will take place in Washington, DC; Big Sky, Montana; and San Francisco, California, culminating in the APEC Leaders’ Meeting in Honolulu, Hawaii in November 2011.

Editor:Zhang Ning |Source: apec2011.gov

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