To Sustain the growth and development of the region for
the common good its peoples and, in this way, to contribute to the
growth and development of the world economy.
To enhance the positive gains, both for the region and the
world economy,resulting from increasing economic
interdependence,including by encouraging the flow of goods, services,
capital and technology.
To develop and strengthen the open multilateral trading
system in the interest of Asia-Pacific and all other economies.
To reduce barriers to trade in goods and services and
investment among participants in a manner consistent with GATT
principles, where applicable, and without detriment to other
economies.
Guiding Principles
The principle of mutual benefit, talking into account the
differences in the stages of economic development and in the
socio-political systems, and giving due consideration to the needs of
developing economies.
A commitment to open dialogue and consensus-building, with
equal respect for the views of all participants.
(From the Seoul APEC Declaration of 1991)
