APEC takes a consensus-based approach, which means all members have an equal voice, and it relies on voluntary commitments and capacity building – rather than treaties – to achieve its goals.

The IEG's first meeting in Gyeongju, Korea sets the stage for a crucial dialogue on fostering sustainable and inclusive investment across the region ...

With growth in the Asia-Pacific region expected to slump 2.7% this year, from a 3.6% growth in 2019, he said APEC's focus was on accelerating economic recovery and developing an affordable vaccine.

LIMA, November 15. /TASS/. Leaders of countries and territories that make up the Asia-Pacific Economic Cooperation (APEC) organization will gather in Peru’s capital Lima for the organization’s ...