  APEC (Asia-Pacific Economic Cooperation)
１．Summary
Asia-Pacific Economic Cooperation, which covers the Asia-Pacific region, is extremely important to the world
economy and also covers about 70% of world trade and about 40 % of direct investment
in Japan. Actions and proactive dialogs toward liberalization and facilitation of trade and investment as well as promotion of economic
and technical cooperation under the slogan of "open regional cooperation" have been ongoing since its inception in 1989.
As for APEC’s structure, under the Leaders' Meeting, Ministerial Meeting and Senior Officials Meeting Summit Conference, there are various
committees, task groups and working groups. Also it includes sectoral ministerial meetings such as meetings of Environment Ministers, industry
dialogs, and so on.
These structures work together to promote liberalization, trade and investment by reducing the tariff barriers and other barriers in various fields of
services. Leaders' meetings provide precious places for leaders to exchange opinions directly regarding terror issues and other issues for
the entire international community as well as issues for specific regions.
２．APEC Members
ASEAN7 (Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam), Japan, Korea, China, Chinese Taipei, Hong Kong,
China, Mexico, Papua New Guinea, Australia, New Zealand, United States, Canada, Peru, Chile, Russia
３．Objective
The "Bogor goal" in the "APEC Leaders' Common Economic Summit Declaration," which was adopted at the 1994 Leaders’ Meeting in Bogor, Indonesia, announced the industrialized economies aims to achieve their goal of free and open trade and investment in the Asia-Pacific region no later than the year 2010 and developing economies aim to do so no later than the year 2020.
４．A commitment of the Ministry of Land, Infrastructure, Transport and Tourism.
The Ministry of Land, Infrastructure, Transport and Tourism, mainly among working groups of traffic and sightseeing, has been aggressively working on activities regarding APEC. The Ministry of Land, Infrastructure, Transport and Tourism also joined discussions about traffic security through the framework of the CTTF (Counter- Terrorism Task Force).
The first meeting - June 1995 - Washington D.C., U.S.A.
The second meeting - June 1997 - Victoria, Canada
The third meeting - May 2002 - Lima, Peru
The forth meeting - July 2004 - Bali, Indonesia
The fifth meeting - March 2007 - Adelaide, Australia
The first meeting - July 2000 - Seoul, Korea
The second meeting - July 2002 - Manzanillo,Mexico
The third meeting - October 2004 - Chilie, Santiago
The forth meeting - October 2006 - Hoian, Vietnam
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