Reset Setting Change contrast to brightChange contrast to originalChange contrast to darkChange font size to lower sizeChange font size to original sizeChange font size to large size
    T
    T
    T
    T
    T
MITI's Portal
 

Consensus

One of the most important operating principles of APEC cooperation that was defined clearly in the Seoul Declaration (1991). It is based on the “commitment to open dialogue and consensus-building, with equal respect for the views of all participants”. Unlike the WTO/GATT, decisions made within APEC are reached by consensus. All meetings, from APEC Economic Leaders’ Meeting to Minister-level Meeting or Official-level Meeting, are informal and undertaken on a voluntary basis. As a result, members are not involved in treaty obligations. All decisions made by Economic Leaders and Ministers are outlined in the Declaration that reflects the common determination of all members.