Which of the following countries hosted the Asia Pacific Economic Cooperation in November 2020?
Malaysia
The question asks about the country that hosted the Asia Pacific Economic Cooperation (APEC) meeting in November 2020. Understanding major international summits and their hosts is important for current affairs knowledge.
The Asia Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific. APEC's 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative, and secure growth and by accelerating regional economic integration.
APEC Host Country in November 2020
In November 2020, the Asia Pacific Economic Cooperation (APEC) Leaders' Meeting and related events were hosted by Malaysia. Due to the global COVID-19 pandemic, the meetings were held virtually.
The APEC 2020 theme under Malaysia's host year was "Resilience. Prioritisation. Prosperity. Together.". Malaysia focused on facilitating recovery from the pandemic, navigating new economic realities, and developing strategies for inclusive and sustainable growth.
Analyzing the Options
- Malaysia: Correct. Malaysia was the host of APEC in 2020.
- Hong Kong: Incorrect. Hong Kong is a member economy but did not host APEC in 2020.
- Japan: Incorrect. Japan is a member economy but did not host APEC in 2020. Japan hosted APEC in 2010.
- Singapore: Incorrect. Singapore is a member economy but did not host APEC in 2020. Singapore hosted APEC in 2009.
Therefore, the country that hosted the Asia Pacific Economic Cooperation in November 2020 was Malaysia.
Revision Table: APEC Host Year Summary
| Year | APEC Host Country | Key Focus/Theme |
|---|---|---|
| 2018 | Papua New Guinea | Harnessing Inclusive Opportunities, Embracing the Digital Future |
| 2019 | Chile (cancelled due to protests) / Hosted virtually later | Connecting the People, Building the Future |
| 2020 | Malaysia | Resilience. Prioritisation. Prosperity. Together. |
| 2021 | New Zealand | Join, Work, Grow. Together. |
| 2022 | Thailand | Open. Connect. Balance. |
| 2023 | United States (USA) | Creating a Resilient and Sustainable Future for All |
| 2024 | Peru | Empower. Include. Grow. |
Additional Information on Asia Pacific Economic Cooperation (APEC)
APEC operates as a non-binding forum, promoting open trade and economic cooperation without treaty obligations. Decisions within APEC are made by consensus.
- Members: APEC currently has 21 member economies, including Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, The Philippines, Russia, Singapore, Chinese Taipei (Taiwan), Thailand, United States, and Vietnam.
- Goals: The primary goals are to promote sustainable growth and prosperity in the Asia-Pacific region through trade and investment liberalization, business facilitation, and economic and technical cooperation.
- Structure: APEC includes annual Economic Leaders' Meetings, Ministerial Meetings, Senior Officials' Meetings, and various committees and working groups.
Understanding the role and activities of organizations like APEC is crucial for understanding global economic and political landscapes.
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