The Asia-Pacific Economic Cooperation (APEC) forum was established in 1989. Its primary purpose is to facilitate economic growth and prosperity in the region, with the vision of creating a seamless regional economy. APEC pursues these objectives through trade and investment liberalisation, business facilitation, and economic and technical cooperation.
APEC aims to strengthen regional economic integration by removing impediments to trade and investment “at the border”, enhancing supply chain connectivity "across the border" and improving the business environment "behind the border". It endeavours to improve the operating environment for business by reducing the cost of cross-border trade, improving access to trade information and simplifying regulatory and administrative processes. APEC also assists member economies build the institutional capacity to implement and take advantage of the benefits of trade and investment reform. APEC supports the multilateral trade negotiations underway in the WTO, and complements the goals of the G-20 Framework for Strong, Sustainable and Balanced Growth in the Asia-Pacific Region.
Private sector engagement is central to APEC's success. The APEC Business Advisory Council (ABAC), established in 1995, represents the interests of business in APEC. ABAC is composed of up to three members from each of the 21 member economies, with business representatives appointed by APEC Leaders. The annual APEC CEO Summit and regular Industry Dialogues also provide opportunities for regional business leaders to interact with APEC and address key issues affecting business in the region.
APEC operates on the basis of non-binding commitments and open dialogue. Decisions made within APEC are reached by consensus and commitments are undertaken on a voluntary basis.
The APEC Secretariat is based in Singapore. It provides coordination, technical and advisory support as well as information management, communications and public outreach services. The Secretariat is headed by a fixed-term Executive Director, appointed for a period of three years. The Secretariat is also home to the APEC Policy Support Unit (PSU). The PSU assists APEC's deliberations by providing research, analysis and policy support. More information on APEC, including its structure, committees and activities, can be found on APEC's official website.
- Email: AustraliaAPEC@dfat.gov.au
- Phone: +61 2 6261 1111
APEC Branch, Trade and Economic Policy Division
Department of Foreign Affairs and Trade
R.G. Casey Building
John McEwen Crescent
Barton, ACT, 0221 Australia
APEC has 21 member economies:
- Brunei Darussalam
- People's Republic of China
- Hong Kong, China
- Republic of Korea
- New Zealand
- Papua New Guinea
- The Republic of the Philippines
- The Russian Federation
- Chinese Taipei
- United States of America, and
- Viet Nam.
The Russian Federation hosted APEC in 2012. Indonesia, China, the Philippines and Peru will host APEC in 2013, 2014, 2015 and 2016 respectively.
Australia in APEC
Australia was a founding member of the APEC forum in 1989 and has been active in helping APEC achieve its current status. Australia has helped advance APEC's core work streams of regional economic integration, structural reform and targeted capacity building through its involvement across more than 30 APEC forums (including committees, working groups and sub-forums). Australia played host to APEC in 2007.
APEC makes an important contribution to the promotion of open trade and investment, economic development and prosperity in the Asia-Pacific and Australia has benefited from APEC's dynamism. Significant progress has been made by Australia and the region towards achieving the Bogor Goals of free and open trade and investment in the Asia-Pacific by 2020. APEC's 21 member economies account for over half of global GDP and are home to more than 2.7 billion people. APEC partners account for over two-thirds of Australia's total trade in goods and services.
Publication: The APEC Region, Trade and Investment
Upcoming APEC meetings
|Date||Location||Type of meeting|
|6-7 Dec 2012||Jakarta, Java||Informal Senior Officials Meeting (SOM)|
|24 Jan – 8 Feb 2013||Jakarta, Java||SOM 1 and related Meetings|
|19-20 Feb 2013||Jakarta, Java||Finance and Central Bank Deputies Meeting|
|6-19 Apr 2013||Solo or Surabaya, Java||SOM 2 and related Meetings|
|20-21 Apr 2013||Solo or Surabaya, Java||Ministers Responsible for Trade|
|22-23 May 2013||Manado, Sulawesi||Senior Finance Officials Meeting|
|22 Jun-6 Jul 2013||Medan, Sumatra||SOM 3 and related Meetings, 22 June‐6 July 2013|
|6-8 Sept 2013||Nusa Dua, Bali||Small and Medium Enterprises Ministerial|
|6-8 Sept 2013||Nusa Dua, Bali||High Level Policy Dialogue on Women in theEconomy|
|17-19 Sept 2013||Nusa Dua, Bali||Senior Finance Officials and Finance and CentralBank Deputies|
|17-20 Sept 2013||Nusa Dua, Bali||Finance Minister’s Meeting|
|1-8 Oct 2013||Nusa Dua, Bali||APEC Economic Leaders‘ Week
-Concluding Senior Officials Meeting
-APEC Ministers Meeting
-APEC Economic Leaders meeting
-APEC CEO Summit
A full calendar of APEC events is available on APEC's official website.
Declarations and statements by APEC leaders and ministers
- APEC Economic Leaders' Meeting Declaration and annexes, Vladivostok, 8-9 September 2012
- APEC Ministerial Meeting Statement, Vladivostok, 5-6 Sept 2012
- APEC Finance Ministers’ Meeting, Moscow, 30 Aug 2012
- APEC Small and Medium Enterprises Ministerial Meeting, St Petersburg, 30 Aug 2012
- APEC Telecommunications and Information Ministerial Meeting, St Petersburg, 8 Aug 2012
- APEC Tourism Ministerial Meeting, Khabarovsk, 24 July 2012
- APEC Meeting of Ministers Responsible for the Environment, Khabarovsk, 16 - 18 Jul 2012
- APEC Transportation Ministerial Meeting, St Petersburg, 3 Aug 2012
- APEC Women and the Economy Forum, St Petersburg, 28 - 30 Jun 2012
- Meeting of APEC Ministers Responsible for Trade, Surabaya, Indonesia, 20 - 21 Apr 2013
- APEC Meeting of Ministers Responsible for Mining, St Petersburg, 28 Jun 2012
- APEC Ministerial Meeting on Food Security, Kazan, 30 - 31 May 2012
- APEC Energy Ministerial Meeting, St Petersburg, 24 - 25 Jun 2012
- APEC Education Ministerial Meeting, Gyeongju, Korea, 21 - 23 May 2012
Minister for Trade and Competitiveness Press Releases
- Minister at APEC meeting in Vladivostok, Media release, 4 September 2012
Minister for Trade and Competitiveness Speeches
- APEC Ministers Responsible for Trade Meeting — Session Three: Intensive Cooperation to Foster Innovative Growth: Intervention, Kazan, 5 June 2012
- APEC Ministers Responsible for Trade Meeting — Session Two: Priorities for APEC 2012, Kazan, 4 June 2012
- APEC Ministers Responsible for Trade Meeting — Session One: Supporting the Multilateral Trading System, Kazan, Russia, 4 June 2012
- APEC – delivering for the region. Address to the Australian APEC Study Centre, Melbourne, 17 November 2011
- APEC 2010 Bogor Goals - achieving the APEC Bogor Goals, progress by Australia and the region
- The APEC Region Trade and Investment
- The APEC legal services website
- APEC Business Travel Card Scheme
- Australian Tariffs and Rules of Origin for APEC Economies - an APEC WebTR initiative
- APEC Services Trade Access Requirements (STAR) database