by Maya Majueran When the Asia-Pacific Economic Cooperation (APEC) was founded in 1989, it embodied a visionary ideal: harnessing growing economic interdependence to build prosperity across the Pacific Rim. Born from a speech by Australia s then-Prime Minister Bob Hawke, the forum brought together 12 diverse economies with a simple but powerful belief that open dialogue and cooperation could achieve what confrontation could not. Today, APEC has grown to 21 member economies representing more than 60 percent of global GDP and nearly half of world trade. It has established itself as the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region....
Thursday 30 October 2025
wn.com - 12 hours ago
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