The Asia Pacific Economic Cooperation (APEC) was officially established in Canberra, Australia in November 1989. Its objectives is to promote economic cooperation among Asia Pacific member countries. It is a regional economic cooperation forum. Members of this forum are ASEAN member countries and countries of non ASEAN members, they are Australia, New Zealand, japan, south Korea, China, Hongkong, Taiwan, the United State, Canada, Mexico, Chile and Papua New Guinea.APEC Ministerial Conference is held every year, and the host countries are alternatives between ASEAN and non ASEAN members. For example, the first conference was held in Canberra in 1989, the second in Singapore in 1990, the third in Seoul in 1991, etc.APEC works are among others to solve the challenges of global economy, to support an open free multilateral trading system, and to continue to reduce trading barriers. It must also work together with World Trade Organization (WTO). To enhance trade and investment within its member countries, the forum agree to adopt the free and open trade, it also promotes the free flow of goods, service and investment. It commits to complete its achievements of the goal of free and open trade and investments in Asia Pacific by 2020. All of these are aimed at the trade and investments liberalization in the world as a whole, to intensify the development cooperation among the community of Asia Pacific countries, and to enable the APEC member countries to develop more effectively the human and natural resources of the Asia Pacific region. The cooperative programmes of human resources cover education and training, and improve the management and technical skills. Effective cooperation is also develop on environmental issues.Every meeting always reviews the results of the previous Meeting Round held a year before, evaluates the implementation and the implications for the region. Then the forum considers a next steps in line with regional and global trade liberalization.
