The Asia-Pacific Economic Cooperation Forum (APEC), established in November 1989, is an economic forum made up of 21 economies in the Asia-Pacific, considered the most dynamic region in the world.
This is an initiative whose main objective is to promote a more open and efficient commercial and investment environment, as well as facilitate economic growth in the region.
Member economies include countries such as the United States, Russia, China, Japan, Australia, Canada, among others. APEC works in various areas, such as reducing trade barriers, promoting investment, sustainable development and cooperation on issues such as education and technology.
With these initiatives, an annual summit is organized where the leaders of the member economies meet to discuss and establish policies that promote these objectives. In that sense, our country is hosting APEC again this year for the third time, after having hosted it in 2008 and 2016. This decision is part of the State policy of strengthening our relations with the Asia-Pacific region.
Which presidents will come to Peru for APEC 2024?
The Minister of Foreign Affairs, Elmer Schialer, confirmed the arrival to our country of 19 Government authorities, among them, 16 leaders, including the President of the People’s Republic of China, Xi Jinping, the President of the United States, Joe Biden, one of the last to confirm, as well as the Chilean president Gabriel Boric.
It should be noted that The president of Russia, Vladimir Putin, did not confirm his presence because there is an arrest warrant against him. of the International Criminal Court for war crimes imposed by the war with Ukraine. For her part, the new president of Mexico, Claudia Sheinbaum, confirmed that she will not attend our country, a fact that occurs after the friction that her predecessor Andrés Manuel López Obrador had over Pedro Castillo’s coup d’état.
The list of other Asia-Pacific representatives who will participate in the Conclusive Senior Officials Meeting (CSOM), APEC Annual Ministerial Meeting (AMM) and the Summit of Leaders of APEC Economies, between November 11 and 16 are:
- Vietnam – President To Lam
- Brunei Darussalam – Sultan Hassanal Bolkiah
- South Korea – President Yoon Suk-yeol
- Malaysia – Prime Minister Datuk Seri Anwar Ibrahim
- Singapore – Prime Minister Lawrence Wong
THESE ARE THE 21 ECONOMIES THAT MAKE UP APEC
- Australia
- Brunei Darussalam
- Canada
- Korea
- Chili
- China
- USA
- Philippines
- Hong Kong
- Indonesia
- Japan
- Malaysia
- Mexico
- New Zealand
- Papua New Guinea
- Russia
- Singapore
- Taiwan
- Thailand
- Vietnam
- Peru
Where and when will the APEC 2024 summit be held?
The forum will have more than 160 cooperation meetings, distributed in several cities in Peru. In Arequipa, the Ministers of Commerce and Women will hold a joint meeting; in Cusco (Urubamba), the meeting of Ministers of Tourism and Finance will take place; in Pucallpa, the meeting of SMEs ministers and the Work Week; and in Trujillo, Food Safety Week will culminate with a meeting of Agriculture Ministers.
Likewise, the main meeting of the 21 leaders from around the world will be held in Lima, at the Convention Center, with an International Press Center in the Ministry of Culture, located in the San Borja district.
All of these events will take place between November 11 and 16, with the central days being Thursday the 14th and Friday the 15th of this month.
What topics will be discussed at APEC 2024?
The summit will include high-level sessions, working groups and bilateral meetings, with an emphasis on economic integration, climate cooperation and innovation.
The priorities of APEC 2024 revolve around digital transformation and the global formalization of economic sectors, seeking for the citizens of the region to benefit from these opportunities.
The leaders will address key issues for trade, investment and sustainable development in the Asia-Pacific region, promoting growth and international cooperation.
More information about the APEC agenda in the following link.
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