DictionaryForumContacts

   English
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Asia–Pacific economic cooperation
econ. Aasia ja Vaikse ookeani piirkonna riikide majanduskoostöö
Asia-Pacific Economic Cooperation
commer., polit. APEC; Aasia ja Vaikse ookeani piirkonna riikide majanduskoostöö
 English thesaurus
Asia-Pacific Economic Cooperation
abbr. APEC (Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim countries (formally Member Economies) that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. It was established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; to fears that highly industrialized Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe (where demand had been declining). WK Alexander Demidov)
abbr., astronaut., mil. APEC (nations)
abbr., int.rel. ATEC (MichaelBurov)
abbr., O&G, sakh. APEC