APEC - Current Affairs Questions and Answers

1)   APEC Vietnam 2017 marks the holding of Asia Pacific Economic Cooperation meetings for which year(s)?

a. 2017
b. 2018
c. 2019
d. 2020
Answer  Explanation 

ANSWER: 2017

APEC Vietnam 2017 is the year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Vietnam, which will culminate with the APEC Economic Leaders' Meeting in Da Nang to be hosted at InterContinental Danang Sun Peninsula Resort.

It marks the second time Vietnam was playing host to the APEC, having hosted the event previously in 2006.

A Round Table Meeting with the theme, "Stronger Joint Action for Apec's Shared Vision", was held in Hanoi in December 17, 2015 by the Vietnamese Ministry of Foreign Affairs to discuss preparation efforts for the 2017 APEC Summit.

The People's Committee of Da Nang, the host city of the Economic Leader's Meeting, has approved a project to upgrade major roads in the city.

The project will cover 34 streets in the city which is estimated to cost around around US $10.9 million.

The Da Nang International Airport is also scheduled to be completed by March 2017.[9]

During the 4th National Committee for APEC 2017 in April 13, 2016 in Hanoi, Deputy Prime Minister, Minister of Foreign Affairs of Vietnam Pham Binh Minh directed ministries and agencies to coordinate with other APEC member states especially Peru and Papua New Guinea, the hosts of the 2016 and

This was the first APEC meeting for United States President Donald Trump, South Korean President Moon Jae-in, Hong Kong Chief Executive Carrie Lam, and New Zealand Prime Minister Jacinda Ardern.

2)   APEC Summit was held from 18th to 19th November 2015 at which Filipino city?

a. Manila
b. Quezon
c. Mindanao
d. Budta
Answer  Explanation 

ANSWER: Manila

The 23rd Asia Pacific Economic Cooperation Economic Leaders Summit was held in the Philippines capital of Manila from 18th to 19th November 2015. This summit had the following theme: Building Inclusive Economies, Building a Better World. The summit was chaired by Philippines President B. S. Aquino III. The next APEC summit will be held in Peru.

3)   Leaders of the __ APEC summit on 19th November 2015 issued the Leaders Declaration at the end of the conclusion of summit in Manila, Philippines.

a. 22nd
b. 23rd
c. 24th
d. 25th
Answer  Explanation 

ANSWER: 23rd

This declaration is entitled Building Inclusive Economies, Building a Better World: A Vision for an Asia-Pacific Community. This declaration outlines the following commitments for APEC members to do the following:
- Build inclusive economies;
- Foster micro, small and medium enterprises’ participation in regional and global markets;
- Build sustainable and resilient communities;
- Invest in human capital development; and
- Enhance the regional economic integration agenda.