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The Hindu
The Hindu
21h ago 6 views

Daily Quiz: On Asia Pacific Economic Cooperation summit

The 2025 Asia Pacific Economic Cooperation summit concluded in South Korea on November 1, highlighting regional cooperation. This matters as APEC plays a crucial role in promoting trade and economic growth among member economies.
Daily Quiz: On Asia Pacific Economic Cooperation summit
A What happened
The Asia Pacific Economic Cooperation (APEC) summit for 2025 was held in Gyeongju, South Korea, and concluded on November 1. This significant gathering involved leaders from 21 member economies, focusing on enhancing trade relations and economic cooperation in the Asia-Pacific region. The discussions aimed to foster an open, dynamic, resilient, and peaceful environment among the member states. The summit also set the stage for future meetings, with China slated to host the next APEC summit in 2026. The outcomes of this summit are vital for shaping economic policies and strengthening partnerships across the region.
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Key insights

  • 1

    APEC's Member Economies

    APEC consists of 21 member economies, facilitating trade and economic growth.

  • 2

    Next Host Country

    China is set to host the APEC summit in 2026.

  • 3

    First APEC Meeting

    Australia proposed APEC and hosted its first ministerial meeting in 1989.

Takeaways

The APEC summit in South Korea underscores the importance of regional cooperation in addressing economic challenges and fostering growth, with future summits expected to build on these discussions.