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Asia-Pacific Economic Cooperation (APEC)

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India is not a member of the Asia-Pacific Economic Cooperation (APEC): 

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  • 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
  • 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 
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