Asia-Pacific Economic Cooperation (APEC) is a forum comprising 21 economies of the Asia-Pacific Region (APR), which aims to promote free trade and economic cooperation throughout the Asia-Pacific region. APEC was established in 1989 in response to the growing interdependence of the Asia-Pacific region and the emergence of regional trading blocs in other parts of the world.APEC now includes 21 countries, including most countries with coastline on the Pacific Ocean.APEC member countries: Australia, Brunei, Canada, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, Chinese Taipei (Taiwan), Hong Kong (China), Chinese People's Republic, Mexico, Papua - New Guinea, Chile, Peru, Russia, Vietnam.OK? Good?)