What are the benefits of being an APEC member?

APECⁱ Member Economies benefit from being a part of APEC at many levels. At a multilateral level APEC brings together the views of 21 Member Economies, the business community and other parties to attend to issues that impact on the Asia-Pacific region. APEC is a meeting place of ideas, concerns and plans for the future growth of the region.

For developing economies APEC provides additional benefits in areas such as the development of procedures, policy frameworks and systems to deal with contemporary issues. These issues range from transparency and governance to financial sector reform and customs procedures. There are numerous APEC forums, working group meetings and seminars throughout the year in which personnel from developing economies have the opportunity to learn news skills and best practices from other economies.

Developing economies also have the opportunity to help set APEC's agenda and have as much say as some of the largest economies in the world.

For businesses from APEC Member Economies, the most obvious benefits are the reduction in barriers and impediments to trade across borders.