Abstract
The Asia-Pacific economies have undergone the most striking economic growth and ever-increasing interdependence, and the region has been a major contributor to global prosperity and stability. The Asia-Pacific has rapidly grown in the last two decades, and the region leads trade liberalization through its open regionalism. Unlike any other regional integrations, the APEC presents an alternative way which is fully compatible with multilateralism of the WTO, and it is an open regional organization which has launched its implementation to liberalize trade and investment by strengthening economic and technical cooperation through business sectors which continue to prosper and to provide the engine of growth in the region. The environments for trade, investment and technology have been improved for the business dynamism and linkages of Asian-Pacific economies.
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