ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.
ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024
News:According to the APEC Secretariat, Asia-Pacific Economic Cooperation (APEC) region is expected to post a 2.7% economic decline in 2020 due to the impact of COVID-19.
Facts:
- Asia-Pacific Economic Cooperation(APEC): It is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
- Aim: To create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration.
- Members: 21 members
- Headquarters: Singapore
- India is not a member of APEC.
- Bogor Goals: These are a set of goals agreed by APEC members in 1994 in Bogor,Indonesia with the aim of free and open trade and investment in the Asia-Pacific by the year 2020.
