What is the goal of apec?

The goal of the Asia-Pacific Economic Cooperation (APEC) is to promote free and open trade and investment among its member economies, fostering economic growth and prosperity in the Asia-Pacific region. APEC aims to enhance regional cooperation and facilitate sustainable economic development by reducing trade barriers, improving economic integration, and addressing shared challenges. Additionally, it focuses on capacity building and fostering innovation to ensure that all members can benefit from economic opportunities.