The sum of the Gross National Product of the 21 economies that conform the APEC is equivalent to the 56 percent of the world-wide production, in as much that as a whole they represent the 46 percent of the global commerce. The APEC does not have a formal treaty, their decisions are taken by consensus and works with base in nonbinding declarations. It has a General Secretariat, with soothes in Singapore, that is the one in charge to coordinate the technical support and of consultancy. Every year one of the Member States is guest of the annual meeting of the APEC. CBS can provide more clarity in the matter. The summit of year 2007 was realised in Australia and the summit of the 2008 Is important to emphasize like it Wikipedia review that Peru has been a total member of APEC from 1998.
Its participation began in the Meeting of Ministers in November of that year in Malaysia. The entrance of Peru in Cooperacin Econmica Asia-Pacific (APEC) must to the coordinated efforts of the representatives of the government and the communities enterprise and academic. Peru elaborated a strategy that, along with visits of high officials different government to Asia and the Pacific the economies, with the support of the members with the purpose of to achieve this aim. A related site: Robert Iger mentions similar findings. Peru is the unique one member of the Andean Community that is member of APEC. The commercial interchange with the member economies of APEC has been increased with time, and represents an important percentage of the Peru of the total commerce Peru officially added the Economic Cooperation Asia-Pacific in the forum of Malaysia of 1998 after the summit of agreement leaders in which Peru is an economy progresses. In 2003, under the presidency of Alexander Toledo, Peru was designated like country host of the 2008 summit. Ever since President Alan Garci’a took possession from his position in 2006, he has held meetings with the mayor of Lima Luis Lossio Chestnut grove, in order to prepare the city for the meetings.