CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The _________ edition of Asia-Pacific Economic Cooperation (APEC) summit concluded on 20 November 2016 in Lima
A
32nd
B
19th
C
24th
D
27th
Explanation: 

Detailed explanation-1: -The United States congratulates Thailand on hosting a successful APEC year in spite of ongoing economic challenges brought on by the COVID-19 pandemic and Russia’s war against Ukraine.

Detailed explanation-2: -To revive growth, APEC 2022 will focus on restoring connectivity by resuming safe and seamless cross-border travel, reinvigorating tourism and the services sector, facilitating business mobility as well as increasing investment in health security.

Detailed explanation-3: -India never joined APEC despite initial enthusiasm when it was launched in 1989. India was not seen as an open economy in 1989, but after India’s positive role in the EAS, Indonesia, the Chair of APEC in 2013, attempted to invite India, but was dissuaded by China.

Detailed explanation-4: -The Asia-Pacific Economic Cooperation (APEC) is a group primarily focused on trade and economic growth for the 21 members of the economic forum and their people. In addition to trade and economic goals, APEC focuses on improving living standards, inclusivity, and sustainability.

There is 1 question to complete.