Why APEC

A detailed Summary of Why APEC


Little do most people know in the US but we are members to over 50 organiztons in this world. And they deal with anything from world health to world trade. The only thing that can make our nations prosperous is our trade. Currently the Pacific Rim is the most diverse trade market the US is involved in. APEC (Asian Pacific Economic Cooperation) represents 47% of the world's trade and 53% of the world population, this is the US's trade organization in this region. Currently, APEC is trying to make the Pacific Rim a free trade region, kind of like NAFTA (North American Free Trade Agreement), so the US has got to decide if it wants to putt all it's efforts in with APEC or another organization.

The Asia-Pacific Economic Cooperation (APEC) was established in 1989 in response to the growing interdepen


For the United States, APEC is not an end in itself, but a means to advance a number of key objectives that incorporate our economic, political, and security interests. APEC helps anchor the United States in Asia. It reinforces multilateral and bilateral efforts to open markets. It provides high-level interaction with countries like China, Japan, and those in Southeast Asia. It can help build safe and efficient capital markets. APEC helps ensure growth in Asia is environmentally sustainable. And APEC facilitates business, which creates opportunities for U.S. businesses and their products and services.

It is an understatement to say that the APEC region is important to U.S. interests. The region holds partners for us in key issues such as security, trade, and the environment to name only a few. And even though

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Approximate Word count = 549
Approximate Pages = 2 (250 words per page double spaced)

Category: Miscellaneous

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