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'''APEC''' (Asia-Pacific Economic Cooperation) is an association of 21 countries in the Asia-Pacific region which works together to achieve economic growth, cooperation, trade and investment. <ref>http://www.apec.org/content/apec/about_apec.html</ref>
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'''APEC''' ('''Asia-Pacific Economic Cooperation''') is an [[association]] of 21 countries in the Asia-Pacific region which works together to achieve economic growth, cooperation, trade and investment.<ref>http://www.apec.org/content/apec/about_apec.html</ref>
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APEC operates on the basis of non-binding commitments. Unlike other multilateral trade bodies, APEC has no treaty obligations required of its participants. Decisions made within APEC are reached by consensus and commitments are undertaken on a voluntary basis.  
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APEC operates on the basis of non-binding commitments. Unlike other [[multilateral]] [[trade]] bodies, APEC has no treaty obligations required of its participants. Decisions made within APEC are reached by consensus and commitments are undertaken on a voluntary basis.  
    
==Purpose and Goals==
 
==Purpose and 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.
 
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.
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The next APEC meeting will take place in 2008 in [[Peru]].
    
==Member States==
 
==Member States==
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APEC's 21 members account for approximately 41% of the world's population, approximately 56% of world GDP and about 49% of world trade. These members are:
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APEC's 21 members account for approximately 41% of the world's population, approximately 56% of [[world GDP]] and about 49% of world trade. These members are:
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<div style="column-count:3;-moz-column-count:3;-webkit-column-count:3">
 
* [[Australia]]
 
* [[Australia]]
 
* [[Brunei|Brunei Darussalam]]
 
* [[Brunei|Brunei Darussalam]]
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* [[United States of America]]  
 
* [[United States of America]]  
 
* [[Vietnam]]
 
* [[Vietnam]]
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</div>
    
==References==
 
==References==
 
<references />
 
<references />
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[[Category:Politics]]
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[[Category:International Organizations]]
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