APEC’S NEW GOAL
Dec 03, 2020
4 minutes
By Yang Zerui
Copyedited by Sudeshna Sarkar
The author is director of research, China National Committee for Pacific Economic Cooperation
The 27th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting held on November 20 via video link was significant for several reasons. This year is the target date for meeting the second objective of the APEC goals set in 1994. Known as the Bogor Goals after the city in Indonesia where APEC leaders met that year, the objective was to create a free trade and investment system for the developed member economies by 2010, and by 2020 for developing member economies.
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