APEC Current Affairs, GK & News

New Zealand chairs special APEC Meeting

New Zealand chaired special virtual meeting of Asia-Pacific trade group called “Asia-Pacific Economic Cooperation (APEC)”. Highlights During the meeting world leaders highlighted that, extensive COVID-19 immunization is a global public good and accelerating access to vaccines is essential in order to overcome health emergency. Leaders of APEC grouping vowed for redoubling efforts to expand vaccine ..

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Malaysia hosts APEC Summit

The Asia Pacific Economic Cooperation was recently hosted by Malaysia. Several leaders of the cooperation joined the summit. The Summit was attended by the US President Donald Trump as well. The next APEC meeting is to be hosted by New Zealand. Earlier on November 17, 2020, the members of Asia Pacific Economic Cooperation held ministerial ..

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APEC Ministerial Meeting: Economies commit to free open trade and investment

On November 17, 2020, the members of Asia Pacific Economic Cooperation (APEC) held a ministerial meeting virtually. During the meeting, the members committed to pursue free and open trade and investment towards the economic recovery from the impact of covid-19 pandemic. Highlights The meeting was chaired by Malaysia. This ministerial meeting comes ahead of the ..

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Asia Pacific Economic Cooperation: Economic Decline of 2.7% expected in the region

The Asia Pacific Economic Cooperation has stated that the APEC region is to face an economic decline of 2.7% in 2020 due to the impact of COVID-19. Also, the region is to face near growth rate. This will be the highest decline for the region since the 2008 financial crisis. Highlights The unemployment rate according ..

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COP25 cancelled

On October 30, 2019, the Chile Government cancelled the Asia-Pacific Economic Cooperation (APEC) summit and the COP25 conference due to the ongoing protests in the country. The country’s president in a press meet said that the ongoing violent protests have plagued the country for weeks and it is currently not in a situation to hold ..

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