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Since its inception, APEC has worked to reduce tariffs and other trade barriers across the Asia-Pacific region, creating more efficient domestic economies and increasing exports. In 1994 the APEC leaders agreed the 'Bogor Goals' of free and open trade and investment in the Asia-Pacific by 2010 for industrialised economies and 2020 for developing economies.
 
Since its inception, APEC has worked to reduce tariffs and other trade barriers across the Asia-Pacific region, creating more efficient domestic economies and increasing exports. In 1994 the APEC leaders agreed the 'Bogor Goals' of free and open trade and investment in the Asia-Pacific by 2010 for industrialised economies and 2020 for developing economies.
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The 2007 APEC meeting in [[Sydney]] worked towards the ''Sydney declaration'' that included aspirational goals and binding regional targets to cut emissions of greenhouse gases. It will be the first time that the US and China agree to such global goals.
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The 2007 APEC meeting in [[Sydney]] signed a ''Declaration on Climate Change, Energy Security and Clean Development''. The declaration specifies wide-ranging and ambitious actions the APEC member economies will take to reduce greenhouse gas emissions. It will be the first time that both the US and China agree to long-term aspirational goal to reduce greenhouse gas emissions.
    
==Member States==
 
==Member States==
2,002

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