About APEC

Mission Vision Objective

Purpose and goals
APEC activities
Achievements
Topics Covered in APEC
Some important point of APEC
Impact on India
Section A - Group 6
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APEC is an intergovernmental grouping of countries in the Asia Pacific

region that discusses issues using non-binding commitments. Decisions
made within APEC are reached by consensus and commitments are
undertaken on a voluntary basis.

APEC has 21 members from member economies, which account for

approximately 40 percent of the worlds population, approximately 55
percent of world GDP and about 44 percent of world trade.

Members include Australia; Brunei Darussalam; Canada; Chile; Peoples

Republic of China; Hong Kong, China; Indonesia; Japan; Republic of
Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; The
Republic of the Philippines; The Russian Federation; Singapore;
Chinese Taipei; Thailand; United States of America; Vietnam.

MISSION, VISION AND OBJECTIVE OF APEC

To support sustainable economic growth and prosperity in AsiaPacific region
To build a dynamic and harmonious Asia- Pacific community
The 'Bogor Goals' of free and open trade and investment in the
Asia-Pacific by 2010 for industrialized economies and 2020 for
developing economies.
To sustain the growth and development of the world economy
To increase economic interdependence by encouraging the flow of
goods, services and technology
To develop multi-lateral trading system
To reduce the barriers of trade in goods and services

Purpose and Goals

To strengthen the Asia- Pacific community by enhancing
economic growth and prosperity
APEC works to establish anti-protectionist policies and reduces
tariffs rate
Creates jobs and provides greater opportunities for
international trade and investment

APEC Activities! !
Managing Globalization.
Creating new opportunities.
Making APEC matter more.
Action agenda for new economy
a) e-Commerce Readiness Assessment
b) paperless trading
c) building capacity in both people and
instruction

THE 22ND APEC ECONOMIC LEADERS DECLARATION

Beijing, China
November 10 & November 11, 2014

THE 22ND APEC ECONOMIC LEADERS DECLARATION

Beijing, China - November 10 & November 11, 2014

Achievements
Diplomacy
China, US highlight new type of major-country relations
China's Xi, Japan's Abe meeting
China, Vietnam - maritime issues through dialogue, consultation
China, Malaysia to enhance cooperation
Economy
APEC economies approve roadmap on FTAAP China, ROK conclude
substantive talks on "landmark" FTA
China, Chile to boost cooperation in agriculture, mining
China, Australia eye new progress in trade, investment cooperation
China, Papua New Guinea look to more cooperation
Connectivity
APEC members agree on connectivity blueprint
Anti-corruption
APEC economies decide to launch anti-corruption network
Others
Statement on the 25th anniversary of APEC
APEC leaders determined to jointly fight Ebola: Xi

THE 22ND APEC ECONOMIC LEADERS DECLARATION

Beijing, China
November 10 & November 11, 2014

China has achieved concrete economic, diplomatic,

and strategic goals in the following areas.
FTAAP
ENVIRONMENTAL EMISSIONS PACT
DAIYOU ISLANDS
FTA
SILK ROAD

Impact on India
India must unveil climate targets after US-China pact
FTA is effect on Indian Trade because if they remove of trade barrier,
lowering the trade volumes for India Consequently
Political isolation: India hard stand on WTO and reluctant to join the
APEC proceeding. INDIA could face political isolation at Global Forum
Geo Political Strategy - Strengthen Pakistan empowered by China, posses
a security threat to India

Reportedly, India was invited to join the Beijing APEC gathering as an observer
but refused to participate. This makes little sense if INDIA truly wants future
membership of APEC and sees itself playing a crucial role in the Asia-Pacific
architecture.
If its strategy is to be a part of the US camp in the region, the just-concluded
deals covering the above mentioned climate change pact, military cooperation,
trade and visa agreements between Beijing and Washington clearly show that
this would be a short-sighted strategy.
If Prime minster Modi wants a greater role for India in East Asia he must engage
China with confidence while simultaneously seeking a substantial role in forums
such as the East Asia Summit. Hopefully, his ongoing three-nation tour will
provide him with a solid foundation to work along this direction

THANK YOU