Taiwan and the U.S. work closely together to promote regional cooperation through the Asia-Pacific Economic Cooperation
(APEC) forum. APEC is an international organization with 21 members including Taiwan (known as Chinese Taipei in APEC) and the U.S., that works to promote free and open trade and investment in the Asia-Pacific. APEC collectively represents 44% of global trade and a 2.7 billion-strong consumer market
. The APEC Secretariat is based in Singapore, while annual Leaders’ Meetings are hosted by a different member economy each year on a rotating basis.
Partnership for Promoting the APEC Agenda
Taiwan has been actively engaged in discussions with the U.S. and other economies under the APEC 2016 theme of "Quality Growth, Human Development" set by Peru. As a member of APEC, Taiwan has been keen to support and take part in a variety of initiatives made by the U.S. and other economies to advance regional cooperation, to pursue a sound trading environment for businesses to thrive, and to contribute to regional development and well-being.
More APEC Partnerships between Taiwan and the United States
- Taiwan's APEC Initiatives: Taiwan has been a trailblazer on many new APEC initiatives since it joined in 1991--from bridging the digital divide to supporting SMEs and many, many more.
- Expanding the WTO ITA: Taiwan and U.S. along with APEC economies were behind the International Technology Agreement expansion effort to make sure that the 1997 agreement is up-to-date with our current technologies.
- Multi-Year Project on Innovation for Women through ICT: First phase kicked off with a meeting in Taipei fueling the mission and belief that empowering ICT capacity for women can improve livelihoods.