The 2020 Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting was held underneath the Chairmanship of Malaysian Prime Minister Tan Sri Muhyiddin Yassin. This was the primary time that each one 21 APEC Economic Leaders met just about as a result of ongoing COVID-19 pandemic. The APEC 2020 ended with the adoption of the APEC Putrajaya Vision 2040 and the 2020 Kuala Lumpur Declaration. The APEC Summit 2021 shall be hosted by New Zealand. This is the second time Malaysia hosted an APEC assembly, having hosted one in 1998.
The theme of the APEC Malaysia 2020 was “Optimising Human Potential Towards a Resilient Future of Shared Prosperity: Pivot. Prioritise. Progress”.
About Putrajaya Vision 2040:
The Putrajaya Vision 2040 is a brand new 20-year progress imaginative and prescient, which is able to substitute the present Bogor Goals, which was agreed by leaders in 1994 without cost and open commerce and funding in APEC.
Important takeaways for all aggressive exams:
- APEC headquarters: Singapore.
- APEC Founded: November 1989.
- Malaysia Capital: Kuala Lumpur.
- Malaysia Currency: Malaysian Ringgit.
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