Thursday, December 01, 2022

APEC Presidential Summit begins in Thailand

APEC Presidential Summit begins in Thailand

The leaders’ summit of the Asia-Pacific Economic Cooperation (APEC) Forum began in Thailand this Friday, focused on promoting sustainable development and facilitating trade and investment in the region.

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The APEC summit is attended by the Chinese President, Xi Jinping, and his French counterpart, Emmanuel Macron, and Chilean, Gabriel Boric, as well as the Japanese Prime Minister, Fumio Kishida, as well as people from Canada and Australia.

At the start of the meeting, Prayuth Chan-ocha, Prime Minister of Thailand, called on the presidents and leaders present to confront the economic effects of the pandemic and other global issues, such as the climate crisis that affect the livelihoods of entire nations. World. World.

The Thai leader called for greater cooperation from his counterparts in preventing the climate crisis and transitioning to a new way of life.

During his speech, Chinese President Xi Jinping called for building an Asia-Pacific region of peace and stability, stressing the importance of mutual respect, solidarity and cooperation.

Xi Jinping recognized that the role of the Asia-Pacific region is more important than ever, stating that it was the main engine of global growth in recent years.

The APEC summit in Thailand’s capital is being held in person for the first time since 2018, after it was suspended in 2019 due to protests in Chile and the pandemic in the past two years.

The meeting began with the absence of US President Joe Biden and Russian President Vladimir Putin, as well as their counterparts from Peru, Pedro Castillo and Andres Manuel López Obrador from Mexico.

APEC member economies are Australia, Brunei, Canada, Chile, China, Hong Kong, China, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, United States and Vietnam.

APEC is an economic forum established in 1989. Its 21 Pacific Rim member economies account for nearly half of world trade and more than 60 percent of the world’s total GDP.

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