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APEC:

The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific. APEC's 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration.

APEC has 21 members. The word 'economies' is used to describe APEC members because the APEC cooperative process is predominantly concerned with trade and economic issues, with members engaging with one another as economic entities.

APEC Members | Date of Joining

Australia 6-7 Nov 1989

Brunei Darussalam 6-7 Nov 1989

Canada 6-7 Nov 1989

Chile 11-12 Nov 1994

People's Republic of China 12-14 Nov 1991

Hong Kong, China 12-14 Nov 1991

Indonesia 6-7 Nov 1989

Japan 6-7 Nov 1989

Republic of Korea 6-7 Nov 1989

Malaysia 6-7 Nov 1989

Mexico 17-19 Nov 1993

New Zealand 6-7 Nov 1989

Papua New Guinea 17-19 Nov 1993

Peru 14-15 Nov 1998

The Philippines 6-7 Nov 1989

Russia 14-15 Nov 1998

Singapore 6-7 Nov 1989

Chinese Taipei 12-14 Nov 1991

Thailand 6-7 Nov 1989

The United States 6-7 Nov 1989

Viet Nam 14-15 Nov 1998

What Does APEC Do?

APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region. For example, APEC's initiatives to synchronize regulatory systems is a key step to integrating the Asia-Pacific economy. A product can be more easily exported with just one set of common standards across all economies.

DSD & APEC COLLABORATION

Ministry of Human Resources together with DSD determines the direction and also the projects that will be carried out for TVET. DSD also participates in programmes organized by APEC

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PROGRAMMES

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APEC WORKSHOP:  "Enhancing The Cross-Border Development of Skilled Professionals Across the APEC Region"

Venue: Video Conference

Date: January 27, 2023

This online workshop seeks to promote the further development and utilization of skilled professionals across the APEC region. Good practices were shared on cross-border initiatives and measures by the government and private sector to develop skilled professionals through education, training and the creation of new job opportunities.

These initiatives were conducted due to the demand for skilled professionals is expected to grow over the course of the APEC region’s recovery from the economic and social impacts of the COVID-19 pandemic. It is because, skilled professionals are key to growth and innovation in a diverse set of industries and business sectors, such as the fields of digitization and supply chain management.

Attended by : Mdm. Meena a/p Ramalingam

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