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Member economies of the Asia-Pacific Economic Cooperation (APEC). The Asia–Pacific (APAC) is the region of the world adjoining the western Pacific Ocean.The region's precise boundaries vary depending on context, but countries and territories in Australasia, East Asia, and Southeast Asia are often included.
Rank Country GDP (millions of USD) 1 China 17,700,899 2 Japan 4,230,862 3 India 3,732,224 4 South Korea 1,709,232 5 Australia 1,687,713 6 Indonesia 1,417,387 7 Taiwan ...
Attended by ministers from twelve countries, the meeting concluded with commitments to hold future annual meetings in Singapore and South Korea. Ten months later, representatives of 12 Asia-Pacific economies met in Canberra, Australia, to establish APEC.
Initially, the Group was known as the Asian Group. [8] However, by the 1970s, Pacific island nations were gaining independence and joining the group. By the mid-2000s the number of Pacific island nations in the group had reached over one fifth of the membership, so they began to advocate for a change of name of the Group.
This is a list of sovereign states and dependent territories in Asia. It includes fully recognized states, states with limited but substantial international recognition, de facto states with little or no international recognition, and dependencies of both Asian and non-Asian states. In particular, it lists (i) 49 generally recognized sovereign states, all of which are members of the United ...
ECOWAS: The Economic Community of West African States, a regional political and economic union of fifteen countries located in West Africa. Eastern Partnership, a group of former soviet republics forging closer economic and political ties with the European Union. Members include Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine.
Asia Pacific payments volume growth saw a slight improvement from Q4 in constant dollars to just above 1% year over year for the quarter, reflecting a still somewhat muted macroeconomic environment.
The most recent change to the regional grouping system was in 2011, when the Asia Group was renamed the Group of Asia and the Pacific Small Island Developing States, also Asia and the Pacific Group or Asia-Pacific Group, in order to recognise the growing role Pacific island nations play in the United Nations System. [10] [11]