ABSTRACT

Asia Pacific Economic Cooperation (APEC), Free Trade, and the 2003 Summit in Bangkok, Thailand [August 1, 2003]   [open pdf - 101KB]

"On October 20-21, 2003, the Eleventh APEC [Asia Pacific Economic Cooperation] Leader's Meeting (informal summit) is to be held in Bangkok, Thailand. It is to be preceded by meetings of senior officials from member countries, a CEO summit of business leaders, and the APEC Business Advisory Council meeting. The APEC summit is usually attended by the President, Secretary of State, U.S. Trade Representative, and sometimes the Secretary of Commerce. The theme for APEC 2003 is 'A World of Differences: Partnership for the Future' which is intended to bring together the best potential of all APEC economies to confront the challenges of the future, particularly in achieving the APEC goal of free and open trade and investment for developed APEC economies. This central theme is amplified by a series of five sub-themes that are designed to guide APEC's Working Groups and Forums in achieving their goals. […] APEC is an association of 21 economies bordering the Pacific Ocean who are working cooperatively to reduce barriers to trade and investment; ease the exchange of goods, services, resources, and technical know-how; and strengthen economic and technical cooperation. The members include the United States, Canada, Mexico, Chile, Peru, Japan, South Korea, China, Taiwan, Hong Kong, Indonesia, Brunei, Malaysia, Singapore, Thailand, the Philippines, Vietnam, Australia, New Zealand, Papua New Guinea, and Russia. In the 1994 Bogor Declaration, the leaders of APEC declared their intention to establish free trade and investment in the region by the year 2010 for industrialized members and 2020 for the others. This goal has been reaffirmed at the Leader's Meeting each subsequent year."

Report Number:
CRS Report for Congress, RL31038
Author:
Publisher:
Date:
2003-08-01
Series:
Copyright:
Public Domain
Retrieved From:
U.S. Department of State: http://www.state.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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