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Questions about Asia-Pacific Economic Cooperation

Short answers, pulled from the story.

When was APEC founded and where did the first meeting take place?

The Asia-Pacific Economic Cooperation held its first meeting in Canberra, Australia, in November 1989. The organization officially established itself ten months later when representatives from twelve Asia-Pacific economies met again in Canberra.

How many member economies does APEC have today and what is the membership criterion?

APEC currently has twenty-one member economies that must be independent economic entities rather than sovereign states to qualify for participation. This distinction allows Taiwan to participate under the name Chinese Taipei alongside the People's Republic of China while Hong Kong joined as a British colony before becoming a Special Administrative Region of the People's Republic of China.

What were the Bogor Goals adopted by APEC leaders during the 1994 meeting in Indonesia?

During the 1994 meeting held in Bogor, Indonesia, APEC leaders adopted the Bogor Goals which aimed for free and open trade and investment across the Asia-Pacific region by specific deadlines. Industrialized economies targeted completion by the year 2010 while developing economies set their target for the year 2020.

Why was the 2019 Chilean summit cancelled and what security measures were taken at the 2007 Sydney meeting?

The 2019 summit originally planned for Chile was cancelled due to ongoing protests over inequality and police repression. Extreme security measures including airborne sharpshooters and steel-and-concrete barricades were deployed for the 2007 Sydney meeting despite a spoof diplomatic motorcade penetrating the security envelope easily.

Which countries applied for membership in APEC but were denied or had their bids halted between 1993 and 2007?

Colombia applied as early as 1995 but its bid halted when the organization stopped accepting new members from 1993 to 1996 before the moratorium extended further to 2007 due to the Asian financial crisis. India received initial support from the United States, South Korea, Australia, and Papua New Guinea but officials decided not to allow it to join because it does not border the Pacific Ocean.

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