The Asia-Pacific Economic Cooperation Summit brings together 21 participating countries, representing 60% of global GDP.
US President Joe Biden flew to Lima, Peru, to participate in the Asia-Pacific Economic Cooperation Forum (APEC) leaders’ summit. This is his last participation in this event as head of state. The EFE agency wrote this on Thursday, November 14.
During the summit, Biden plans to announce new agreements with Peru on the fight against drug trafficking, investments in rail infrastructure and space research, supported by the signing of a memorandum between NASA and the Peruvian agency that Conida.
On Friday, Biden will engage in three-way talks with Japanese Prime Minister Shiger Ishiba and South Korean President Yoon Seok-yol. Such meetings with allies are planned to be regularized even after the change of administration to Donald Trump in January.
On Sunday he will visit the Amazon in Manaus, Brazil, before heading to Rio de Janeiro for the G20 summit.
It is known that Biden will meet with Chinese President Xi Jinping in Peru. The meeting will take place against the backdrop of a tense situation due to the threat of new trade wars between the two countries, which could start with the arrival of the Donald Trump administration.
The Chinese President arrived in Lima four hours before Biden and already talked with Boluarte, after which the two leaders took part in the virtual opening of the port of Chancai, which was built with the Chinese capital.
The Asia-Pacific summit will focus on economic themes such as trade and investment, innovation and sustainable growth. Since 1989, APEC’s objective has been to promote economic growth, cooperation and investment in the Pacific region.
13,000 police have been deployed to tighten security at the summit in Lima, home to 10 million people.
Earlier, Chinese leader Xi Jinping welcomed Donald Trump’s victory in the US presidential election and called for stability between the world’s two largest economies.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.