Asia-PacificorApacis that part of the world in or near the WesternPacific Ocean. The area includes much ofEast Asia,Southeast Asia,AustralasiaandOceania. The Asia Pacific is a region of great diversity. On a general level, the region is experiencing rapid economic growth along with increased integration into global markets for goods, services and investment The Asia-Pacific region has become a worldwide center of economic activity and innovation, Korea is Americas seventh-largest trading partner. Indian and China economies are one of the fastest growing economies of the Asia Pacific region. However, alongside developed industrialized countries and emerging economic giants the region includes a number of less developed countries.