Context:
The APEC Climate Centre has predicted that La Nina, which brings heavy rainfall and floods to Asia, particularly India, will probably emerge during January-March 2025.
Asia-Pacific Economic Cooperation (APEC)
- Inter-governmental forum for 21 Pacific Rim economies.
- Promotes free trade in the region.
- Established in 1989, after ASEAN’s post-ministerial conferences.
- Intended to create new markets for agricultural products and raw materials.
- Headquartered
- Singapore.
- Chairperson
- Dina Boluarte
India is not a member of the Asia-Pacific Economic Cooperation (APEC):
- Membership
- India requested to join APEC in 1991, but was not included. Some reasons for India’s exclusion include:
- A membership freeze that was there from 1997 until 2012
- Opposition from some members over India’s record on economic reforms
- India requested to join APEC in 1991, but was not included. Some reasons for India’s exclusion include:
