APEC Forum in Peru

Flattery is like a shadow, does not make us bigger or smaller. General considerations Danish Proverb The dynamics of global economic scenarios enta too active to the serious crisis facing many countries and seeking ways and find ways to strengthen financierqas institutions, restore economic security, avoid the impact of recesiónPerú Hosts Forum's annual Asia Pacific Economic Cooperation, composed of 21 countries, creating an opportunity for Bush and Peruvian President Alan Garcia announced the implementation of the agreement. APEC does not have a formal treaty, decisions are taken by consensus and operates on non-binding declarations. It has a General Secretariat, based in Singapore, which is responsible for coordinating technical support and consulting. Each year one member country is hosting the annual APEC meeting. The summit of 2007 was held in Australia and the upcoming APEC summit will meet government officials at the highest level, through the meetings of ministers of state since its creation in 1989, and since 1993 also brings to each session Annual Heads of State.

It has a General Secretariat, based in Singapore, which is responsible for coordinating technical support and consulting. Recall also that (Asia-Pacific Economic Cooperation, in Spanish Forum Asia Pacific Economic Cooperation) is a multilateral forum created in 1989, which addresses issues related to trade, economic coordination and cooperation among its members. As a mechanism for economic cooperation and concerted action is aimed at promoting and facilitating trade, investment, economic and technical cooperation and regional economic development of countries and territories in the Pacific Ocean basin. The combined GNP of the 21 APEC economies that make up the equivalent to 56 percent of world production, while together represent 46 percent of global trade. APEC does not have a formal treaty, decisions are taken by consensus and operates on non-binding declarations. It has a General Secretariat, based in Singapore, which is responsible for coordinating technical support and consulting. Each year one member country is hosting the annual APEC meeting. The summit of 2007 was held in Australia and the peak of 2008 is important to note that Wikipedia review as Peru has been a full member of APEC since 1998.

His involvement began at the Meeting of Ministers in November of that year in Malaysia. The entry of Peru in the Asia-Pacific Economic Cooperation (APEC) is due to the coordinated efforts of government officials and business and academic communities. Peru developed a strategy which, along with visits by senior officials to the various Asia-Pacific economies, with the support of members to achieve this. Peru is the only member of the Andean Community is a member of APEC.

Trade with APEC member economies has increased over time, and represents a significant percentage of the total trade of Peru Peru officially joined the Asia-Pacific Economic Cooperation forum in Malaysia in 1998 after the leaders' summit agree that Peru is an economy progresses. In 2003, under the presidency of Alejandro Toledo, Peru has been designated to host the 2008 summit. Since President Alan Garcia took office in 2006, has held meetings with the mayor of Lima Luis Castañeda Lossio, to prepare the city for meetings. Antedentes APEC is the only relevant intergovernmental grouping in the world operating on the basis of non-binding commitments, open dialogue and equal respect for the views of all participants. Unlike the WTO or other multilateral trade bodies, APEC has no obligations to its members. The APEC decisions are by consensus and commitments are voluntary. Recently, however, led the Forum gives the Pathfinders, plurilateral initiatives that could be binding in order to progress towards the Bogor Goals.

APEC has 21 members-referred to as "Member Economies" - which brings together more than 2.5 billion people, a combined GDP of U.S. $ 19 trillion, and 47% of world trade. It also represents the most economically dynamic region in the world, generating nearly 70% of global economic growth in its first 10 years of the 21 APEC economies are: Australia, Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong, China , Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Republic of the Philippines, Russian Federation, Singapore, Chinese Taipei, Thailand, the United States of America and Viet Nam Purpose, Objectives reseña.asimet.cl / APEC, APEC was established in 1989 to improve economic growth and prosperity in the region and to strengthen the community of Asia Pacific. Since its inception, APEC has worked to reduce trade barriers in the Asia Pacific region, creating efficient domestic economies and increasing exports. Key in this process are called Bogor Goals: trade and investment open and free in 2010 for industrialized economies and 2020 for developing economies. These goals were adopted by Leaders at their 1994 meeting in Bogor, Indonesia Trade and Investment free and open help economies grow, create jobs and provide better opportunities for international trade and investment.

In contrast, protectionism keeps prices high and holds inefficiencies in certain industries. A free and open trade helps to lower production costs and reduce prices of goods and services, a direct benefit to all.

APEC also works to create a safe and efficient movement of goods, services and people across borders in the region through policy alignment and economic and technical cooperation objectives are: • Support the growth and development of the region for the common good of its people and thus contribute to growth and development of the global economy. • Reinforce the positive gains of the region and the world economy, resulting from increasing economic interdependence, and thus stimulate the flow of goods, services, capital and technology. • Develop and strengthen the open multilateral system in the interest of the Asia - Pacific and the other economies. • Reduce barriers to trade in goods and services and investment among participants in a manner consistent with the principles of the World Trade Organization, WTO, and without detriment to other economies, and • To promote economic cooperation among member economies. • Support the growth and development of the region. • Contribute to the further liberalization of the global economy. • Increase the independence and prosperity of member economies.

• Promote sustainable economic growth. What is expected and reach for the meetings this year, Peru proposed as main theme: A New Commitment to Asia-Pacific Development. The goal is to reach consensus on an integration strategy that promotes sustainable development in the region and share the benefits among members through active participation of governments, international financial institutions and the private sector. For Peru to participate in this forum has the advantage of being the only member of the Andean Community in APEC. On the other hand, from the geographical point of view, Peru is well-positioned to become the bridge (HUB) trade flows between Asia and South America. Importantly, there is a moratorium until 2010 on the entry of new members to the Forum. APEC is also a platform to promote international economic relations agreements with this region in order to get our country to become a strategic partner in Asia and Oceania Latin America. Examples are negotiations for FTAs ​​with Singapore and Thailand, the beginning of negotiations with Canada and the joint feasibility study with China and Korea.

APEC offers the possibility for non-members to participate in the activities of its Working Groups as a guest. Colombia has participated in several meetings of the Energy Working Group (since 1996), Telecommunications and Technology (since 1997) and Trade Promotion (since 2000).