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113-574: It was constructed for the 1995 Asia-Pacific Economic Cooperation summit and also hosted the 2019 G20 Osaka summit dinner on 28 June. The building's architecture is in the traditional style. The building is used for MICE tourism . Next to it is the Hōshō-an (豊松庵) chashitsu . [REDACTED] Media related to Osaka State Guest House at Wikimedia Commons 34°41′17″N 135°31′22″E  /  34.6881°N 135.5229°E  / 34.6881; 135.5229 This Japan -related article

226-523: A U.S. zone and a Soviet zone . Dean Rusk and Charles H. Bonesteel III suggested the 38th parallel as the dividing line, as it placed Seoul under U.S. control. To the surprise of Rusk and Bonesteel, the Soviets accepted their proposal and agreed to divide Korea. Despite intentions to liberate a unified peninsula in the 1943 Cairo Declaration , escalating tensions between the Soviet Union and

339-413: A feed-in tariff . Around 350 residential micro combined heat and power units were installed in 2012. In 2017, South Korea was the world's seventh largest emitter of carbon emissions and the fifth largest emitter per capita. President Moon Jae-in pledged to reduce greenhouse gas emissions to zero in 2050. Seoul's tap water recently became safe to drink, with city officials branding it " Arisu " in

452-484: A 2008 research brief published by the World Bank as part of its Trade Costs and Facilitation Project, increasing transparency in the region's trading system is critical if APEC is to meet its Bogor Goal targets. The APEC Business Travel Card , a travel document for visa-free business travel within the region is one of the concrete measures to facilitate business. In May 2010 Russia joined the scheme, thus completing

565-685: A FTAAP arose due to the lack of progress in the Doha round of World Trade Organization negotiations, and as a way to overcome the "noodle bowl" effect created by overlapping and conflicting elements of the copious free trade agreements – there were approximately 60 free trade agreements in 2007, with an additional 117 in the process of negotiation in Southeast Asia and the Asia-Pacific region. In 2012, ASEAN+6 countries alone had 339 free trade agreements – many of which were bilateral. The FTAAP

678-437: A bid to convince the public. Efforts have also been made with afforestation projects. Another multibillion-dollar project was the restoration of Cheonggyecheon , a stream running through downtown Seoul that had earlier been paved over by a motorway. One major challenge is air quality, with acid rain, sulfur oxides, and annual yellow dust storms being particular problems. It is acknowledged that many of these difficulties are

791-640: A brief unification of the Three Kingdoms and becoming the most dominant power on the Korean Peninsula. In addition to contesting control of the Korean Peninsula, Goguryeo had many military conflicts with various Chinese dynasties, most notably the Goguryeo–Sui War , in which Goguryeo defeated a huge force said to number over a million men. Baekje was a maritime power, sometimes called the " Phoenicia of East Asia". Its maritime ability

904-714: A close election over the Democratic Party candidate by the narrowest margin ever. Yoon was sworn in on May 10, 2022. South Korea occupies the southern portion of the Korean Peninsula , which extends some 1,100 km (680 mi) from the Continental and East Asian mainland. This mountainous peninsula is flanked by the Yellow Sea to the west and the Sea of Japan to the east. Its southern tip lies on

1017-563: A conservative government was elected in 2007 led by President Lee Myung-bak , former mayor of Seoul . Meanwhile, South Korea and Japan jointly co-hosted the 2002 FIFA World Cup . However, South Korean and Japanese relations later soured because of conflicting claims of sovereignty over the Liancourt Rocks . In 2010, there was an escalation in attacks by North Korea. In March 2010 the South Korean warship ROKS Cheonan

1130-517: A coup. Yi Seong-gye declared the new name of Korea as "Joseon" in reference to Gojoseon, and moved the capital to Hanseong (one of the old names of Seoul ). The first 200 years of the Joseon dynasty were marked by peace and saw great advancements in science and education, as well as the creation of Hangul by Sejong the Great to promote literacy among the common people. The prevailing ideology of

1243-465: A dozen other economies that have applied for membership in APEC. Colombia applied for APEC's membership as early as in 1995, but its bid was halted as the organisation stopped accepting new members from 1993 to 1996, and the moratorium was further prolonged to 2007 due to the 1997 Asian financial crisis . As a regional organization, APEC has always played a leading role in the area of reform initiatives in

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1356-578: A few decades. As Lelang Commandery was destroyed and rebuilt around this time, the place gradually moved toward Liaodong. Thus, its force was diminished and only served as a trade center until it was conquered by Goguryeo in 313. Beginning around 300 BC, the Japonic -speaking Yayoi people from the Korean Peninsula entered the Japanese islands and displaced or intermingled with the original Jōmon inhabitants. The linguistic homeland of Proto- Koreans

1469-475: A nationwide next-generation network that will be 10 times faster than broadband facilities, in order to reduce energy usage. The renewable portfolio standard program with renewable energy certificates runs from 2012 to 2022. Quota systems favor large, vertically integrated generators and multinational electric utilities, if only because certificates are generally denominated in units of one megawatt-hour. They are also more difficult to design and implement than

1582-659: A new renaissance of the Joseon dynasty during the 18th century. In the 19th century, Joseon began experiencing economic difficulties and widespread uprisings, including the Donghak Peasant Revolution . The royal in-law families had gained control of the government, leading to mass corruption and weakening of the state. In addition, the strict isolationism of the Joseon government that earned it "the hermit kingdom " became increasing ineffective due to increasing encroachment from powers such as Japan, Russia, and

1695-475: A new start to global free-trade negotiations while condemning terrorism and other threats to security. APEC also criticised North Korea for conducting a nuclear test and a missile test launch that year, urging the country to take "concrete and effective" steps toward nuclear disarmament . Concerns about nuclear proliferation in the region was discussed in addition to economic topics. The United States and Russia signed an agreement as part of Russia's bid to join

1808-749: A northern zone , which was occupied by the Soviet Union , and a southern zone , which was occupied by the United States . After negotiations on reunification failed, the southern zone became the Republic of Korea in August 1948, while the northern zone became the communist Democratic People's Republic of Korea the following month. In 1950, a North Korean invasion began the Korean War , which ended in 1953 after extensive fighting involving

1921-456: A political prisoner sentenced to death (later commuted to exile). He won against the backdrop of the 1997 Asian financial crisis , where he took IMF advice to restructure the economy and the nation soon recovered its economic growth, albeit at a slower pace. In June 2000, as part of President Kim Dae-jung's " Sunshine Policy " of engagement, a North–South summit took place in Pyongyang ,

2034-706: A result of South Korea's proximity to China, which is a major air polluter. South Korea had a 2019 Forest Landscape Integrity Index mean score of 6.02/10, ranking it 87th globally out of 172 countries. South Korea is a member of the Antarctic-Environmental Protocol , Antarctic Treaty , Biodiversity Treaty , Kyoto Protocol (forming the Environmental Integrity Group (EIG), regarding UNFCCC , with Mexico and Switzerland), Desertification , Endangered Species , Environmental Modification , Hazardous Wastes , Law of

2147-549: A series of massive public demonstrations from November 2016, and she was removed from office. After the fallout of Park's impeachment and dismissal, elections were held and Moon Jae-in of the Democratic Party won the presidency, assuming office on May 10, 2017. His tenure saw an improving political relationship with North Korea, some increasing divergence in the military alliance with the United States, and

2260-526: A series of successful battles of attrition, the Japanese forces were eventually forced to withdraw, and relations between all parties became normalized. However, the Manchus took advantage of Joseon's war-weakened state and invaded in 1627 and 1637 and then went on to conquer the destabilized Ming dynasty. After normalizing relations with the new Qing dynasty , Joseon experienced a nearly 200-year period of peace. Kings Yeongjo and Jeongjo particularly led

2373-473: A significant boost for South Korea's global image and economy. South Korea was formally invited to become a member of the United Nations in 1991. The transition of Korea from autocracy to modern democracy was marked in 1997 by the election of Kim Dae-jung, who was sworn in as the eighth president of South Korea on February 25, 1998. His election was significant given that he had in earlier years been

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2486-500: A southwestern region of mountains and valleys; and a southeastern region dominated by the broad basin of the Nakdong River . South Korea is home to three terrestrial ecoregions: Central Korean deciduous forests , Manchurian mixed forests , and Southern Korea evergreen forests . South Korea's terrain is mostly mountainous, most of which is not arable . Lowlands , located primarily in the west and southeast, make up only 30% of

2599-766: A specially designed aloha shirt as a gift but were not expected to wear it for the photo. Leaders in Bali, Indonesia at the 2013 conference wore a batik outfit; in China 2014 Tang suit jackets; in the Philippines 2015 barong tagalogs ; in Peru 2016 vicuña wool shawls; in 2017 Vietnamese silk shirts. APEC has been criticised for promoting free trade agreements that would impose restrictions on national and local laws, which regulate and ensure labour rights, environmental protection and safe and affordable access to medicine. According to

2712-536: A whole, rather than just the South Korean state. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. According to Korea's founding mythology , the history of Korea begins with the founding of Joseon (also known as " Gojoseon ", or "Old Joseon", to differentiate it with the 14th century dynasty) in 2333 BCE by the legendary Dangun . Gojoseon was noted in Chinese records in

2825-536: Is a stub . You can help Misplaced Pages by expanding it . Asia-Pacific Economic Cooperation Asia-Pacific Economic Cooperation ( APEC / ˈ eɪ p ɛ k / AY -pek ) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. Following the success of ASEAN 's series of post-ministerial conferences launched in

2938-425: Is a comprehensive overhaul of South Korea's economy, utilizing nearly two percent of the national GDP. The greening initiative includes such efforts as a nationwide bike network, solar and wind energy, lowering oil dependent vehicles, backing daylight saving time and extensive usage of environmentally friendly technologies such as LEDs in electronics and lighting. The country—one of the world's most wired—plans to build

3051-494: Is affected by the East Asian monsoon , with precipitation heavier in summer during a short rainy season called jangma , which begins end of June and lasts through the end of July. In Seoul, the average January temperature range is −7 to 1 °C (19 to 34 °F), and the average August temperature range is 22 to 30 °C (72 to 86 °F). Winter temperatures are higher along the southern coast and considerably lower in

3164-412: Is also the site of South Korea's highest point: Hallasan , an extinct volcano , reaches 1,950 meters (6,400 feet) above sea level . The easternmost islands of South Korea include Ulleungdo and Liancourt Rocks (Dokdo/Takeshima), while Marado and Socotra Rock are the southernmost islands of South Korea. South Korea tends to have a humid continental climate and a humid subtropical climate , and

3277-505: Is concentrated in the summer months of June through September. The southern coast is subject to late summer typhoons that bring strong winds, heavy rains and sometimes floods. The average annual precipitation varies from 1,370 millimeters (54 in) in Seoul to 1,470 millimeters (58 in) in Busan. During the first 20 years of South Korea's growth surge, little effort was made to preserve

3390-682: Is located somewhere in southern Siberia / Manchuria , such as the Liao River area or the Amur River area. Proto-Koreans arrived in the southern part of the Korean Peninsula at around 300 BC, replacing and assimilating Japonic-speakers and likely causing the Yayoi migration. During the Proto–Three Kingdoms period , the states of Buyeo , Okjeo , Dongye , and Samhan occupied the whole Korean peninsula and southern Manchuria. From them,

3503-543: Is more ambitious in scope than the Doha round, which limits itself to reducing trade restrictions. The FTAAP would create a free trade zone that would considerably expand commerce and economic growth in the region. The economic expansion and growth in trade could exceed the expectations of other regional free trade areas such as the ASEAN Plus Three (ASEAN + China, South Korea and Japan). Some criticisms include that

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3616-495: Is represented by a ministerial-level official as economic leader ) attend an annual APEC Economic Leaders' Meeting. The location of the meeting rotates annually among the member economies, and a famous tradition, followed for most (but not all) summits, involves the attending leaders dressing in a national costume of the host country. APEC has three official observers: the Association of Southeast Asian Nations Secretariat,

3729-404: Is the world's ninth-largest exporter and ninth-largest importer . Its armed forces are ranked as one of the world's strongest militaries, with the world's second-largest standing army by military and paramilitary personnel . In the 21st century, South Korea has been renowned for its globally influential pop culture, particularly in music , TV dramas , and cinema , a phenomenon referred to as

3842-466: The 1987 constitution with a unicameral legislature, the National Assembly . It is considered a regional power and a developed country , with its economy ranked as the world's fourteenth-largest by nominal GDP and the fourteenth-largest by PPP-adjusted GDP . Its citizens enjoy one of the world's fastest Internet connection speeds and densest high-speed railway networks . The country

3955-612: The 2001 Leaders' Meeting in Shanghai, APEC leaders pushed for a new round of trade negotiations and support for a program of trade capacity-building assistance, leading to the launch of the Doha Development Agenda a few weeks later. The meeting also endorsed the Shanghai Accord proposed by the United States, emphasising the implementation of open markets, structural reform, and capacity building . As part of

4068-706: The American-led United Nations Command and the People's Volunteer Army from China with Soviet assistance . The war left 3 million Koreans dead and the economy in ruins . The authoritarian First Republic of Korea led by Syngman Rhee was overthrown in the April Revolution of 1960. However, the Second Republic failed to control the revolutionary fervor. The May 16 coup of 1961 led by Park Chung Hee put an end to

4181-676: The Gwangju Democratization Movement . Chun subsequently created the National Defense Emergency Policy Committee and took the presidency according to his political plan. Chun and his government held South Korea under a despotic rule until 1987, when a Seoul National University student, Park Jong-chul , was tortured to death. On June 10 , the Catholic Priests Association for Justice revealed

4294-559: The Korea Strait and the East China Sea . The country, including all its islands, lies between latitudes 33° and 39°N , and longitudes 124° and 130°E . Its total area is 100,410 square kilometers (38,768.52 sq mi). South Korea can be divided into four general regions: an eastern region of high mountain ranges and narrow coastal plains; a western region of broad coastal plains, river basins , and rolling hills;

4407-634: The Korean War , the Cold War 's first major conflict, which continued until 1953. At the time, the Soviet Union had boycotted the UN, thus forfeiting their veto rights . This allowed the UN to intervene in a civil war when it became apparent that the superior North Korean forces would unify the entire country. The Soviet Union and China backed North Korea, with the later participation of millions of Chinese troops . After an ebb and flow that saw both sides facing defeat with massive losses among Korean civilians in both

4520-807: The Korean Wave . It is a member of the OECD 's Development Assistance Committee , the G20 , the IPEF , and the Paris Club . The name Korea is an exonym , although it was derived from a historical kingdom name, Goryeo ( Revised Romanization ) or Koryŏ ( McCune–Reischauer ). Goryeo was the shortened name officially adopted by Goguryeo in the 5th century and the name of its 10th-century successor state Goryeo. Visiting Arab and Persian merchants pronounced its name as "Korea". The modern name of Korea appears in

4633-488: The Later Three Kingdoms period in the late 9th century. Buddhism flourished during this time. Many Korean Buddhists gained great fame among Chinese Buddhist circles and greatly contributed to Chinese Buddhism . Examples of significant Korean Buddhists from this period include Woncheuk , Wonhyo , Uisang , Musang , and Kim Gyo-gak . Kim was a Silla prince whose influence made Mount Jiuhua one of

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4746-622: The Mongol invasions in the 13th century greatly weakened the kingdom. Goryeo was never conquered by the Mongols, but exhausted after three decades of fighting, the Korean court sent its crown prince to the Yuan capital to swear allegiance to Kublai Khan , who accepted and married one of his daughters to the Korean crown prince. Henceforth, Goryeo continued to rule Korea, though as a tributary ally to

4859-635: The Pacific Economic Cooperation Council and the Pacific Islands Forum Secretariat. APEC's Host Economy of the Year is considered to be invited in the first place for geographical representation to attend G20 meetings following G20 guidelines. The initial inspiration for APEC came when the Association of Southeast Asian Nations (ASEAN)'s series of post-ministerial conferences, launched in

4972-517: The Pacific Economic Cooperation Council in 1980 and then APEC in 1989. In the wake of the 2006 summit, economist C. Fred Bergsten advocated a Free Trade Agreement of Asia-Pacific, including the United States amongst the proposed parties to any agreement at that time. His ideas convinced the APEC Business Advisory Council to support this concept. Relatedly, ASEAN and existing free trade agreement (FTA) partners negotiated

5085-694: The Regional Comprehensive Economic Partnership (RCEP), not officially including Russia. The Trans-Pacific Partnership (TPP) without China or Russia involved became the US-promoted trade negotiation in the region. At the APEC summit in Beijing in 2014, the three plans were all in discussion. President Obama hosted a TPP meeting at the US Embassy in Beijing in advance of the APEC gathering. The proposal for

5198-619: The Republic of Korea ( ROK ), is a country in East Asia . It constitutes the southern half of the Korean Peninsula and borders North Korea along the Korean Demilitarized Zone ; though it also claims the land border with China and Russia . The country's western border is formed by the Yellow Sea , while its eastern border is defined by the Sea of Japan . South Korea claims to be the sole legitimate government of

5311-478: The Seoul subway system , and laid the foundation for economic development during his 17-year tenure, which ended with his assassination in 1979. The years after Park's assassination were marked again by political turmoil, as the previously suppressed opposition leaders all campaigned to run for president in the sudden political void. In 1979, General Chun Doo-hwan led the coup d'état of December Twelfth . Following

5424-465: The Three Kingdoms of Korea emerged: Goguryeo , Baekje , and Silla . Goguryeo, the largest and most powerful among them, was a highly militaristic state and competed with various Chinese dynasties during its 700 years of history. Goguryeo experienced a golden age under Gwanggaeto the Great and his son Jangsu , who both subdued Baekje and Silla during their respective reigns, achieving

5537-399: The 2011 APEC meeting, U.S. President Barack Obama joked that he looked forward to seeing the leaders dressed in "flowered shirts and grass skirts". After viewing previous photos, and concerned that having the leaders dress in aloha shirts might give the wrong impression during a period of economic austerity, Obama instead decided it might be time to end the tradition. Leaders were given

5650-546: The 2014 APEC summit in Beijing, APEC leaders agreed to launch "a collective strategic study" on the FTAAP and instruct officials to undertake the study, consult stakeholders and report the result by the end of 2016. APEC Executive Director Alan Bollard revealed in the Elite Talk show that FTAAP will be APEC's big goal out into the future. The Trans-Pacific Partnership included 12 of the 21 APEC members and had provisions for

5763-550: The 8th and 9th centuries dominated the seas of East Asia and the trade between China, Korea, and Japan, most notably during the time of Jang Bogo . In addition, Silla people made overseas communities in China on the Shandong Peninsula and the mouth of the Yangtze River. However, Silla was later weakened due to internal strife and the revival of successor states Baekje and Goguryeo , which culminated into

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5876-598: The APEC conference, the APCs are funded independently and choose their own research topics. As of December 2018, there are 70 APCs among the member economies. An annual conference is usually held in the host economy for that year. The APEC Business Advisory Council (ABAC) was created by the APEC Economic Leaders in November 1995 with the aim of providing advice to the APEC Economic Leaders on ways to achieve

5989-416: The Asia-Pacific region, and outlining business views about priority regional issues. ABAC is also the only non-governmental organisation that is on the official agenda of the APEC Economic Leader's Meeting. Since its formation in 1989, APEC has held annual meetings with representatives from all member economies. The first four annual meetings were attended by ministerial-level officials. Beginning in 1993,

6102-421: The Bogor Goals and other specific business sector priorities, and to provide the business perspective on specific areas of co-operation. Each economy nominates up to three members from the private sector to ABAC. These business leaders represent a wide range of industry sectors. ABAC provides an annual report to APEC Economic Leaders containing recommendations to improve the business and investment environment in

6215-451: The Four Sacred Mountains of Chinese Buddhism. In 936, the Later Three Kingdoms were united by Wang Geon , who established Goryeo as the successor state of Goguryeo. Balhae had fallen to the Khitan Empire in 926, and a decade later the last crown prince of Balhae fled south to Goryeo, where he was warmly welcomed and included in the ruling family by Wang Geon, thus unifying the two successor nations of Goguryeo. Like Silla, Goryeo

6328-493: The Mongols for the next 86 years. During this period, the two nations became intertwined as all subsequent Korean kings married Mongol princesses, and the last empress of the Yuan dynasty was a Korean princess. In the mid-14th century, Goryeo drove out the Mongols to regain its northern territories, briefly conquered Liaoyang , and defeated invasions by the Red Turbans . However, in 1392, General Yi Seong-gye , who had been ordered to attack China, turned his army around and staged

6441-481: The Pacific Rim region. This led to the first meeting of APEC in the Australian capital of Canberra in November, chaired by Australian Foreign Affairs Minister Gareth Evans . Attended by ministers from twelve countries, the meeting concluded with commitments to hold future annual meetings in Singapore and South Korea . Ten months later, representatives of 12 Asia-Pacific economies met in Canberra, Australia, to establish APEC. The APEC Secretariat, based in Singapore,

6554-489: The Republic of China, participating under the name "Chinese Taipei") alongside People's Republic of China (see Cross-Strait relations ), as well as Hong Kong, which entered APEC as a British colony but it is now a Special Administrative Region of the People's Republic of China . APEC also includes three official observers: ASEAN , the Pacific Islands Forum and the Pacific Economic Cooperation Council . India has requested membership in APEC, and received initial support from

6667-424: The Russian Far East and was called the "Prosperous Country in the East". Late Silla was a wealthy country, and its metropolitan capital of Gyeongju grew to become the fourth largest city in the world. It experienced a golden age of art and culture, exemplified by monuments such as Hwangnyongsa , Seokguram , and the Emille Bell . It also carried on the maritime legacy and prowess of Baekje, and during

6780-497: The Sea , Marine Dumping , Comprehensive Nuclear-Test-Ban Treaty (not into force), Ozone Layer Protection , Ship Pollution , Tropical Timber 83 , Tropical Timber 94 , Wetlands , and Whaling . The South Korean government's structure is determined by the Constitution of the Republic of Korea . Like many democratic states, South Korea has a government divided into three branches: executive , judicial , and legislative . The executive and legislative branches operate primarily at

6893-401: The Second Republic, signaling the start of the Third Republic in 1963. South Korea's devastated economy began to soar under Park's leadership, recording one of the fastest rises in average GDP per capita . Despite lacking natural resources, the nation rapidly developed to become one of the Four Asian Tigers based on international trade and economic globalization , integrating itself within

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7006-446: The South Korean public. South Korea saw another milestone in 2012 with the first ever female President Park Geun-hye elected and assuming office. The daughter of former President Park Chung Hee, she carried on a conservative brand of politics. President Park Geun-hye's administration was formally accused of corruption, bribery, and influence-peddling for the involvement of close friend Choi Soon-sil in state affairs. There followed

7119-455: The United States led to the division of Korea into two political entities in 1948: North Korea and South Korea. In the South, the United States appointed and supported the former head of the Korean Provisional Government Syngman Rhee as leader. Rhee won the first presidential elections of the newly declared Republic of Korea in May 1948. In the North, the Soviets backed a former anti-Japanese guerrilla and communist activist, Kim Il Sung , who

7232-453: The United States, South Korea, Australia, and Papua New Guinea. Officials have decided not to allow India to join for various reasons, including the fact that India does not border the Pacific Ocean, which all current members do. However, India was invited to be an observer for the first time in November 2011. Bangladesh, Pakistan, Sri Lanka, Macau , Mongolia, Laos, Cambodia, Costa Rica, Colombia , Panama, and Ecuador, are among

7345-530: The United States. This is exemplified by the Joseon–United States Treaty of 1882 , in which it was compelled to open its borders. In the late 19th century, Japan became a significant regional power after winning the First Sino-Japanese War against Qing China and the Russo-Japanese War against the Russian Empire . In 1897, King Gojong, the last king of Korea , proclaimed Joseon as the Korean Empire . However, Japan compelled Korea to become its protectorate in 1905 and formally annexed it in 1910. What followed

7458-402: The Vietnam War. Park was heavily criticized as a ruthless military dictator, who in 1972 extended his rule by creating a new constitution , which gave the president sweeping (almost dictatorial) powers and permitted him to run for an unlimited number of six-year terms. The Korean economy developed significantly during Park's tenure. The government developed the nationwide expressway system ,

7571-472: The World Trade Organization. The APEC Australia 2007 Leaders' Meeting was held in Sydney from 2–9 September 2007. The political leaders agreed to an "aspirational goal" of a 25% reduction of energy intensity correlative with economic development. Extreme security measures including airborne sharpshooters and extensive steel-and-concrete barricades were deployed against anticipated protesters and potential terrorists. However, protest activities were peaceful and

7684-441: The accession of other APEC members, five of which expressed interest in membership. In 1993, APEC Leaders decided to establish a network of APEC Study Centres (APCs) among universities and research institutions in member economies. The purpose is to foster cooperation among tertiary and research institutes of member economies, thus having better academic collaboration on key regional economic challenges. To encourage independence from

7797-419: The accord, the meeting committed to develop and implement APEC transparency standards, reduce trade transaction costs in the Asia-Pacific region by five percent over five years, and pursue trade liberalisation policies relating to information technology goods and services. In 2003, Jemaah Islamiah leader Riduan Isamuddin had planned to attack the APEC Leaders Meeting to be held in Bangkok in October. He

7910-432: The ancient kingdom of Gojoseon (2333 BCE). In 1897, the Joseon dynasty changed the country's official name from Joseon to Daehan Jeguk ( Korean Empire ). The name Daehan (Great Han) derives from Samhan (Three Han), referring to the Three Kingdoms of Korea , not the ancient confederacies in the southern Korean Peninsula. However, the name Joseon was still widely used by Koreans to refer to their country, though it

8023-405: The annual meeting rotates among the members. Currently, APEC has 21 members. The criterion for membership, however, is that each member must be an independent economic entity, rather than a sovereign state. As a result, APEC uses the term member economies rather than member countries to refer to its members. One result of this criterion is that membership of the forum includes Taiwan (officially

8136-622: The annual meetings are named APEC Economic Leaders' Meetings and are attended by the heads of government from all member economies except Taiwan, which is represented by a ministerial-level official. In 1997, the APEC meeting was held in Vancouver . Controversy arose after officers of the Royal Canadian Mounted Police used pepper spray against protesters. The protesters objected to the presence of autocratic leaders such as Indonesian president Suharto . At

8249-410: The area of business facilitation. The APEC Trade Facilitation Action Plan (TFAPI) has contributed to a reduction of 6% in the cost of business transactions across the region between 2002 and 2006. According to APEC's projections, the cost of conducting business transactions will be reduced by another 5% between 2007 and 2010. To this end, a new Trade Facilitation Action Plan has been endorsed. According to

8362-566: The authoritarian rule continued in the Fifth Republic led by Chun Doo-hwan , which violently seized power by two coups and brutally suppressed the Gwangju Uprising . The June Democratic Struggle of 1987 ended authoritarian rule , forming the current Sixth Republic. The country is now considered among the most advanced democracies in continental and East Asia. South Korea maintains a unitary presidential republic under

8475-636: The capital of North Korea. Later that year, Kim received the Nobel Peace Prize "for his work for democracy and human rights in South Korea and in East Asia in general, and for peace and reconciliation with North Korea in particular". However, because of discontent among the population for fruitless approaches to the North under the previous administrations and, amid North Korean provocations,

8588-509: The circle. APEC first formally started discussing the concept of a Free Trade Area of the Asia-Pacific (FTAAP) at its summit in 2006 in Hanoi. However, the proposal for such an area has been around since at least 1966 and Japanese economist Kiyoshi Kojima  [ ja ] 's proposal for a Pacific Free Trade agreement proposal. While it gained little traction, the idea led to the formation of Pacific Trade and Development Conference and then

8701-453: The coexistence of the spellings Corea and Korea in 19th-century publications, some Koreans believe that Imperial Japan , around the time of the Japanese occupation, intentionally standardized the spelling of Korea , making Japan appear first alphabetically. After Goryeo was replaced by Joseon in 1392, Joseon became the official name for the entire territory, though it was not universally accepted. The new official name has its origin in

8814-589: The coup d'état, Chun planned to rise to power through several measures. On May 17, Chun forced the Cabinet to expand martial law to the whole nation, which had previously not applied to Jeju Island . The expanded martial law closed universities, banned political activities, and further curtailed the press. Chun's assumption of the presidency through the events of May 17 triggered nationwide protests demanding democracy; these protests were particularly focused, Gwangju , to which Chun sent special forces to violently suppress

8927-423: The diversion of trade within APEC members would create trade imbalances, market conflicts and complications with nations of other regions. The development of the FTAAP is expected to take many years, involving essential studies, evaluations and negotiations between member economies. It is also affected by the absence of political will and popular agitations and lobbying against free trade in domestic politics. At

9040-484: The early 7th century. Gojoseon expanded until it controlled the northern Korean Peninsula and parts of Manchuria . Gija Joseon was purportedly founded in the 12th century BCE, but its existence and role have been controversial in the modern era. In 108 BCE, the Han dynasty defeated Wiman Joseon and installed four commanderies in the northern Korean peninsula. Three of the commanderies fell or retreated westward within

9153-484: The entire peninsula and adjacent islands . It has a population of 51.96 million, of which half live in the Seoul Capital Area , the ninth most populous metropolitan area in the world . Other major cities include Busan , Daegu , and Incheon . The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its first kingdom was noted in Chinese records in the early 7th century BCE. After

9266-475: The environment. Unchecked industrialization and urban development have resulted in deforestation and the ongoing destruction of wetlands such as the Songdo Tidal Flat. However, there have been recent efforts to balance these problems, including a government run $ 84 billion five-year green growth project that aims to boost energy efficiency and green technology. The green-based economic strategy

9379-526: The first Portuguese maps of 1568 by João vaz Dourado as Conrai and later in the late 16th century and early 17th century as Corea (Korea) in the maps of Teixeira Albernaz of 1630. The Kingdom of Goryeo became first known to Westerners when Afonso de Albuquerque conquered Malacca in 1511 and described the peoples who traded with this part of the world known by the Portuguese as the Gores . Despite

9492-720: The incident, igniting the June Democratic Struggle across the country. Eventually, Chun's party, the Democratic Justice Party , and its leader, Roh Tae-woo , announced the June 29 Declaration , which included the direct election of the president. Roh went on to win the election by a narrow margin against the two main opposition leaders, Kim Dae-jung and Kim Young-sam . Seoul hosted the Olympic Games in 1988 , widely regarded as successful and

9605-403: The leaders dressing to reflect the culture of the host member. The tradition dates to the first such meeting in 1993 when then-U.S. President Bill Clinton insisted on informal attire and gave the leaders leather bomber jackets . At the 2010 meeting, Japan had the leaders dress in smart casual rather than the traditional kimono . Similarly, when Honolulu was selected in 2009 as the site for

9718-589: The mid-1980s, APEC started in 1989, in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; it aimed to establish new markets for agricultural products and raw materials beyond Europe. Headquartered in Singapore , APEC is recognized as one of the highest-level multilateral blocs and oldest forums in the Asia-Pacific region, and exerts significant global influence. The heads of government of all APEC members except Taiwan (which

9831-524: The mid-1980s, had demonstrated the feasibility and value of regular conferences among ministerial-level representatives of both developed and developing economies. By 1986, the post-ministerial conferences had expanded to embrace 12 members (the then six members of ASEAN and its six dialogue partners). The developments led Australian Prime Minister Bob Hawke to believe in the necessity of region-wide co-operation on economic matters. In January 1989, Bob Hawke called for more effective economic co-operation across

9944-415: The mountainous interior. Summer can be uncomfortably hot and humid, with temperatures exceeding 30 °C (86 °F) in most parts of the country. South Korea has four distinct seasons; spring, summer, autumn and winter. Spring usually lasts from late March to early May, summer from mid-May to early September, autumn from mid-September to early November, and winter from mid-November to mid-March. Rainfall

10057-478: The national level, although various ministries in the executive branch also carry out local functions. The judicial branch operates at both the national and local levels. Local governments are semi-autonomous and contain executive and legislative bodies of their own. South Korea is a constitutional democracy. The constitution has been revised several times since its first promulgation in 1948 at independence. However, it has retained many broad characteristics and with

10170-470: The north and the south, the war eventually reached a stalemate. During the war, Rhee's party promoted the One-People Principle , an effort to build an obedient citizenry through ethnic homogeneity and authoritarian appeals to nationalism . The 1953 armistice , never signed by South Korea, split the peninsula along the demilitarized zone near the original demarcation line. No peace treaty

10283-559: The organisation, it is "the premier forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region" established to "further enhance economic growth and prosperity for the region and to strengthen the Asia-Pacific community". The effectiveness and fairness of its role has been questioned, especially from the viewpoints of European countries that cannot take part in APEC and Pacific Island nations that cannot participate but stand to be affected by its decisions. South Korea South Korea , officially

10396-470: The resignation of the autocratic President Syngman Rhee. This was followed by 13 months of political instability as South Korea was led by a weak and ineffectual government. This instability was broken by the May 16, 1961, coup led by General Park Chung Hee . As president, Park oversaw a period of rapid export-led economic growth enforced by political repression . Under Park, South Korea took an active role in

10509-679: The security envelope was penetrated with ease by a spoof diplomatic motorcade manned by members of the Australian television program The Chaser , one of whom was dressed to resemble the Al-Qaeda leader Osama bin Laden . The APEC Chile 2019 , originally to be held 16–17 November 2019 in Chile, was cancelled due to ongoing protests by sections of its population over inequality, the cost of living and police repression. The 2023 APEC meeting

10622-583: The successful hosting of the Winter Olympics in Pyeongchang . In April 2018, Park Geun-hye was sentenced to 24 years in jail because of abuse of power and corruption. The COVID-19 pandemic has affected the nation since 2020. That same year, South Korea recorded more deaths than births, resulting in a population decline for the first time on record. In March 2022, Yoon Suk Yeol , the candidate of conservative opposition People Power Party , won

10735-763: The summit urged the European Union to agree to reduce farm subsidies . In a continuation of the climate information sharing initiative established by the APEC Climate Network working group, it was decided by the leaders to install the APEC Climate Center in Busan. Peaceful protests against APEC were staged in Busan, but the meeting schedule was not affected. At the Leaders' Meeting held on 19 November 2006 in Hanoi , APEC leaders called for

10848-568: The time was Neo-Confucianism , which was epitomized by the seonbi class: nobles who passed up positions of wealth and power to lead lives of study and integrity. Between 1592 and 1598, Japan under Toyotomi Hideyoshi launched invasions of Korea , but the advance was halted by Korean forces (most notably the Joseon Navy led by Admiral Yi Sun-sin and his renowned " turtle ship ") with assistance from righteous army militias formed by Korean civilians, and Ming dynasty Chinese troops. Through

10961-529: The total land area. South Korea has 20 national parks and popular nature places like the Boseong Tea Fields, Suncheon Bay Ecological Park , and Jirisan . About 3,000 islands, mostly small and uninhabited, lie off the western and southern coasts of South Korea. Jeju Province is about 100 kilometers (62 miles) off the southern coast of South Korea. It is the country's largest island, with an area of 1,845 square kilometers (712 square miles). Jeju

11074-564: The unification of the Three Kingdoms of Korea into Silla and Balhae in the late 7th century, Korea was ruled by the Goryeo dynasty (918–1392) and the Joseon dynasty (1392–1897). The succeeding Korean Empire (1897–1910) was annexed in 1910 into the Empire of Japan . Japanese rule ended following Japan's surrender in World War II , after which Korea was divided into two zones :

11187-519: The unification of the Three Kingdoms by Silla led to the Northern and Southern States period , in which Balhae controlled the northern parts of Goguryeo, and much of the Korean Peninsula was controlled by Later Silla . Relationships between Korea and China remained relatively peaceful during this time. Balhae was founded by a Goguryeo general and formed as a successor state to Goguryeo. During its height, Balhae controlled most of Manchuria and parts of

11300-584: The world economy with export-oriented industrialization . The Fourth Republic was established after the October Restoration of 1972, in which Park wielded absolute power. The Yushin Constitution declared that the president could suspend basic human rights and appoint a third of the parliament. Suppression of the opposition and human rights abuse by the government became more severe in this period. Even after Park's assassination in 1979,

11413-744: Was a highly cultural state, and invented the metal movable type printing press . After defeating the Khitan Empire, which was the most powerful empire of its time, in the Goryeo–Khitan War , Goryeo experienced a golden age that lasted a century, during which the Tripitaka Koreana was completed and significant developments in printing and publishing occurred. This promoted education and the dispersion of knowledge on philosophy, literature, religion, and science. By 1100, there were 12 universities that produced notable scholars. However,

11526-505: Was a period of forced assimilation, in which Korean language, culture, and history were suppressed. This led to the March First Movement protests in 1919 and the subsequent foundation of resistance groups in exile, primarily in China. Among the resistance groups was Provisional Government of the Republic of Korea . Towards the end of World War II , the U.S. proposed dividing the Korean peninsula into two occupation zones:

11639-806: Was agreed to be established in 1996. In April 2001, APEC, in collaboration with five other international organisations ( Eurostat , International Energy Agency , Organización Latinoamericana de Energía (OLADE)  [ es ] , Organization of the Petroleum Exporting Countries and the United Nations Statistics Division ) launched the Joint Oil Data Exercise, which in 2005 became the Joint Organisations Data Initiative (JODI). The location of

11752-636: Was appointed premier of the Democratic People's Republic of Korea in September. In October, the Soviet Union declared Kim Il Sung's government as sovereign over both the north and south. The UN declared Rhee's government as "a lawful government having effective control and jurisdiction over that part of Korea where the UN Temporary Commission on Korea was able to observe and consult" and the government "based on elections which

11865-415: Was captured in the city of Ayutthaya , Thailand by Thai police on 11 August 2003, before he could finish planning the attack. Chile became the first South American nation to host the Leaders' Meeting in 2004. The agenda of that year was focused on terrorism and commerce, small and medium enterprise development, and contemplation of free agreements and regional trade agreements. The 2005 Leaders' Meeting

11978-663: Was established to co-ordinate the activities of the organisation. During the 1994 meeting in Bogor , Indonesia, APEC leaders adopted the Bogor Goals , which aimed for free and open trade and investment in the Asia-Pacific by 2010 for industrialised economies and by 2020 for developing economies. During the November 1995 Ministerial Meeting in Osaka, Japan, a business advisory body named the APEC Business Advisory Council (ABAC) composed of three business executives from each member-country

12091-602: Was ever signed, resulting in the two countries remaining technically at war. Approximately 3 million people died in the Korean War, with a higher proportional civilian death toll than World War II or the Vietnam War , making it one of the deadliest conflicts of the Cold War era. In addition, virtually all of Korea's major cities were destroyed by the war. In 1960, a student uprising (the " April Revolution ") led to

12204-770: Was held in Busan , South Korea. The meeting focused on the Doha round of World Trade Organization (WTO) negotiations, leading up to the WTO Ministerial Conference of 2005 held in Hong Kong in December. Weeks earlier, trade negotiations in Paris were held between several WTO members, including the United States and the European Union , centred on reducing agricultural trade barriers . APEC leaders at

12317-484: Was instrumental in the dissemination of Buddhism throughout East Asia and spreading continental culture to Japan. Baekje was once a great military power on the Korean Peninsula, especially during the time of Geunchogo , but was critically defeated by Gwanggaeto the Great and declined. Silla was the smallest and weakest of the three, but used opportunistic pacts and alliances with the more powerful Korean kingdoms, and eventually Tang China , to its advantage. In 676,

12430-435: Was no longer the official name. Under Japanese rule , the two names Han and Joseon coexisted. Following the surrender of Japan , in 1945, the "Republic of Korea" was adopted as the legal English name for the new country. However, it is not a direct translation of the Korean name. As a result, the Korean name "Daehan Minguk" is sometimes used by South Koreans as a metonym to refer to the Korean ethnicity (or " race ") as

12543-524: Was notable for a lack of consensuses of group members on their stance over the Russia–Ukraine and Israel–Hamas conflicts as well as consensus for WTO reforms. The meeting between Biden and Xi was also seen as significant in terms of reducing tensions between the US and China. At the end of the APEC Economic Leaders' Meeting, the leaders gather for the official APEC Leaders' Family Photo. A tradition has

12656-533: Was observed by the Temporary Commission" in addition to a statement that "this is the only such government in Korea." Both leaders engaged in authoritarian repression of political opponents. South Korea requested military support from the United States but was denied, and North Korea's military was heavily reinforced by the Soviet Union. On June 25, 1950, North Korea invaded South Korea, sparking

12769-493: Was sunk killing 46 South Korean sailors, allegedly by a North Korean submarine. In November 2010 Yeonpyeongdo was attacked by a significant North Korean artillery barrage, with 4 people dying. The lack of a strong response to these attacks from both South Korea and the international community (the official UN report declined to explicitly name North Korea as the perpetrator for the Cheonan sinking) caused significant anger with

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