Past Achievements of APEC Economic Leaders' Meetings

The Asia-Pacific Economic Cooperation （APEC） is the highest-level mechanism for economic cooperation in the Asia-Pacific region， which covers an extensive part of the world and wields significant influence. The forum was formally established at a ministerial meeting in the Australian capital of Canberra on Nov. 5-7， 1989， attended by Australia， the United States， Japan， South Korea， New Zealand， Canada and the then-six ASEAN member states. In November 1993， the First APEC Economic Leaders' Meeting was held in Seattle. Since then， the meeting has been held once every year.

Over the decades， particularly in terms of the institutionalization of the economic leaders’ meetings， APEC has made continuous progress on economic issues such as regional trade and investment liberalization. It has played a positive role in promoting the economic growth of the region and the world.

1993

Seattle， the United States

The leaders were committed to deepening the spirit of community based on a shared vision of achieving stability， security and prosperity for their peoples.

1994

Bogor， Indonesia

The leaders endorsed the Bogor Goals that aim for free and open trade and investment in Asia-Pacific by 2010 for industrialized economies and by 2020 for developing economies.

1995

Osaka， Japan

The leaders endorsed the Osaka Action Agenda with three pillars of APEC cooperation， including the areas of trade and investment liberalization， their facilitation and economic and technical cooperation. APEC members are expected to immediately work on their respective action plans and overall action plans.

1996

Subic， the Philippines

The leaders endorsed the declaration of a framework of principles for economic cooperation and development in APEC. APEC members were encouraged to actively involve private/business sector in the APEC process and support greater business sector participation in economic and technical cooperation.

1997

Vancouver， Canada

The leaders urged the acceleration of trade and investment facilitation through APEC's Collective Action Plans. Vietnam， Russia and Peru were admitted as new members.

1998

Kuala Lumpur， Malaysia

Leaders were firmly resolved to strengthen social safety nets， financial systems individually and globally， trade and investment flows， the scientific and technological base， human resources development， economic infrastructure， and business and commercial links so as to provide the base and set the pace for sustained growth into the 21st century.

1999

Auckland， New Zealand

The leaders endorsed APEC's trade facilitation program for customs harmonization， standards and increased mobility of business people.

2000

Bandar Seri Begawan， Brunei

The leaders launched an Action Agenda for the New Economy that outlines programs that will help economies use advances in information technology to boost productivity and stimulate growth. They also endorsed the new e-IAP system.

2001

Shanghai， China

Leaders rendered strong support for an open， equitable and rules-based multilateral trading system， human resources capacity building， e-APEC Strategy for the Development of the New Economy and counter-terrorism. They reaffirmed their commitment to achieving the Bogor Goals and adopted the Shanghai Accord.

2002

Los Cabos， Mexico

The leaders agreed to strengthen economic growth by implementing the APEC vision of free， open and prosperous economies. They also endorsed a pathfinder initiative and the APEC Policies on Trade and the Digital Economy， which contains a set of targets related to trade policies for the New Economy.

2003

Bangkok， Thailand

The leaders agreed to step up efforts to build knowledge-based economies， and to reform financial systems and economic structures. They vowed to protect the peoples and societies against security threats， and agreed to implement the APEC Action Plan on SARS.

2004

Santiago， Chile

The leaders reaffirmed their political commitment to promote structural reform and demonstrated their resolve to collectively confront the threat of terrorism.

2005

Busan， South Korea

The leaders reiterated the importance of the Bogor Goals of free and open trade and investment in the Asia-Pacific region， and pledged to work towards this with the Busan Roadmap.

2006

Hanoi， Vietnam

The leaders endorsed the Hanoi Action Plan to implement the Busan Roadmap towards the Bogor Goals， which is comprised of specific measures， schedules and capacity building initiatives.

2007

Sydney， Australia

The leaders addressed the challenges of climate change， energy security and clean development， and issued the Sydney Declaration covering these areas.

2008

Lima， Peru

The leaders had in-depth discussions on the global and regional economic situation relating to the international financial crisis. They endorsed a leaders’ statement and issued a declaration of their resolve to address the deteriorating global economic situation， and support a prompt， ambitious and balanced conclusion to the WTO Doha Development Agenda （DDA） negotiations.

2009

Singapore

The leaders discussed economic growth， multilateral trade， regional economic integration and climate change， and endorsed a statement on the necessity to develop a new growth paradigm and an expanded trade and investment agenda that will strengthen regional economic integration （REI） in the Asia-Pacific region.

2010

Yokohama， Japan

The leaders had in-depth discussions on regional economic integration， new growth strategy， etc.， and endorsed “The Yokohama Vision — Bogor and Beyond” and other joint declarations.

2011

Honolulu， the United States

Under the theme of “Strengthening Regional Economic Integration and Expanding Trade”， the leaders had discussions on the region’s economic growth， areas of cooperation and energy security. They also endorsed the “The Honolulu Declaration — Toward a Seamless Regional Economy”.

2012

Vladivostok， Russia

The leaders focused on trade and investment liberalization， regional economic integration， food security， supply chain integrity， cooperation to foster innovative growth and other areas. They also endorsed a leaders’ declaration on innovation-based economic growth and prosperity for APEC economies.

2013

Bali， Indonesia

Under the theme of “Resilient Asia-Pacific， Engine of Global Growth”， the leaders discussed the Bogor Goals， interconnectivity， sustainable growth and equitable development and other areas. They also endorsed a leaders’ declaration and the Statement on Supporting the Multilateral Trading System and the 9th WTO Ministerial Conference.

2014

Beijing， China

Under the theme of “Shaping the Future through Asia-Pacific Partnership”， the leaders held substantial discussions on the priorities of advancing regional economic integration， promoting innovative development， economic reform and growth， comprehensive connectivity and infrastructure development， and endorsed a number of documents and statements.

2015

Manila， the Philippines

Under the theme of “Building Inclusive Economies， Building a Better World”， the leaders discussed regional economic integration， SMEs， human resources and sustainable development， and issued a leaders’ declaration.

2016

Lima， Peru

Under the theme of “Quality Growth and Human Development”， the leaders endorsed the APEC Services Competitiveness Roadmap and Phase Two of the Supply Chain Framework Action Plan （SCFAP） 2017-2020. They also recognized the value of cooperation in supply chain connectivity and encouraged efforts to explore initiatives toward this end.