APEC

Asia-Pacific Economic Cooperation Council

Last modified: 2005-07-09 by rob raeside
Keywords: apec | asia-pacific economic cooperation council | international organizations |
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by Zoltán Horváth

• Description of the flag
• About APEC

See also:

• International Organizations

Description of the flag

In 1991, the Republic of Korea initiated the design of the APEC Logo for the Seoul Ministerial Meeting.

The globe-shaped green, blue and white APEC logo was thus adopted in 1991. The logo has come to represent not only APEC, the most important vehicle for regional economic cooperation, but also the hopes and aspirations of the Asia-Pacific region itself.

The Logo shows:

• The Pacific half of the globe which emphasizes APEC’s membership.
• The green and blue colours symbolize the aspirations of the people in the Asia Pacific for a life of prosperity, health and welfare, while the white colour stands for peace and stability.
• The shaded areas at the margins illustrate the buoyant outlook for progress and growth for the Asia-Pacific region.

About APEC

The Asia-Pacific Economic Cooperation (APEC) was established in 1989 in response to the growing interdependence among Asia-Pacific economies. APEC has become the primary international organization that promotes open trade and economic cooperation among its 21 members around the Pacific Rim.

APEC’s goal is to advance Asia-Pacific economic dynamism and sense of community.  Asia-Pacific is one of the fastest growing regions in the world and a major contributor to global prosperity and stability. APEC's members have a combined population of over 2.4 billion inhabitants, that imported goods worth more than 2.6 trillion dollars in 1999, and its Gross Domestic Product hit US$16 trillion in 1998). Mexico is the APEC Chair for the year 2002.

Zoltán Horváth, 22 October 2002