Malaysia hosted 2020 APEC Summit

The 2020 Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting was held under the Chairmanship of Malaysian Prime Minister Tan Sri Muhyiddin Yassin. This was the first time that all 21 APEC Economic Leaders met virtually due to the ongoing COVID-19 pandemic. The APEC 2020 ended with the adoption of the APEC Putrajaya Vision 2040 and the 2020 Kuala Lumpur Declaration. The APEC Summit 2021 will be hosted by New Zealand. This is the second time Malaysia hosted an APEC meeting, having hosted one in 1998.

The theme of the APEC Malaysia 2020 was “Optimising Human Potential Towards a Resilient Future of Shared Prosperity: Pivot. Prioritise. Progress”.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

About Putrajaya Vision 2040:

The Putrajaya Vision 2040 is a new 20-year growth vision, which will replace the existing Bogor Goals, which was agreed by leaders in 1994 for free and open trade and investment in APEC.

Important takeaways for all competitive exams:

  • APEC headquarters: Singapore.
  • APEC Founded: November 1989.
  • Malaysia Capital: Kuala Lumpur.
  • Malaysia Currency: Malaysian Ringgit.

Find More Summits and Conferences Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

What Is Gaganyaan IADT-02? ISRO Conducts Key Air Drop Test Explained

The second Integrated Air Drop Test (IADT-02) for Gaganyaan mission was successfully conducted at Satish…

2 hours ago

What is the Old Name of Punjab? Check Here

India has a very long and rich history, and many of its places had different…

3 hours ago

GK Quiz on Strait of Hormuz, Questions and Answers

The Strait of Hormuz is a narrow waterway that connects the Persian with the Gulf…

5 hours ago

What Is Kalai-II Hydro Project? Cabinet Approves ₹14,105 Crore Clean Energy Plan

To strengthen India's renewable energy capacity the Cabinet Committee on Economic Affairs (CCEA) chaired by…

6 hours ago

Vibhor Jain Appointed CEO of ONDC, Set to Drive Digital Commerce Growth

Open Network for Digital Commerce (ONDC) has appointed Vibhor Jain as the Managing Director and…

6 hours ago

Operation HimSetu: Army Completes High Risk Rescue in 48 Hours Near India-China Border

Indian Army has launched the Operation HimSetu to rescue over the 1,400 stranded tourists and…

6 hours ago