Asia-Pacific Economic Cooperation (APEC) Forum

Business / Agriculture / Asia-Pacific Economic Cooperation (APEC) Forum: Established in 1989, APEC is a formal institution with a permanent secretariat located in Singapore. Its original 12 members include Australia, New Zealand, the United States, Canada, Japan, South Korea, Thailand, Malaysia, Indonesia, the Philippines, Singapore, and Brunei. In 1991, APEC admitted China, Taiwan (admitted as Chinese Taipei), and Hong Kong. Mexico and Papua New Guinea joined in 1993: Chile joined in 1994: Peru, Russia, and Vietnam joined in 1998. The 21 nation member APEC provides a forum for ministerial level discussion and cooperation on a range of economic issues including trade, investment, technology transfer, and transportation. According to APEC, a key feature that sets it apart from other international organizations is its commitment to business facilitation and the regular involvement of the private sector in a wide range of APEC activities.

Other Words for Cooperation

Cooperation Noun Synonyms: support, help, aid, assistance, patronage, backing, advocacy, favor, helping hand, friendship, blessing, sponsorship, auspices, backup
Cooperation Verb Synonyms: collaboration, teamwork, interaction, synergism or synergy

Other Words for Economic

Economic Noun Synonyms: financial, fiscal, pecuniary, monetary, budgetary, commercial, mercantile, trade
Economic Adjective Synonyms: profitable, cost-effective, money-making, remunerative, productive, solvent

Economic Union

Business / Finance / Economic Union: For any entity, the difference between the market value of all its assets and the market value of its liabilities. MORE


Business / Finance / Economics: An agreement between two or more countries that allows the free movement of capital, labor, and all goods and services, and involves the harmonization and unification of social, fiscal, and monetary p MORE

Index Of Leading Economic Indicators

Business / Taxes / Index Of Leading Economic Indicators: This monthly composite of ten economic measurements was developed to track and help forecast changing patterns in the economy. It is compiled by The Conference Board, a business research group. The co MORE