Representatives from 21 members representing the Pacific Rim are meeting in Peru for the Asia-Pacific Economic Cooperation forum, the first global summit since U.S. President-elect Donald Trump’s victory to bring together several major world leaders.
Chinese President Xi Jinping , left, and Peru ’s Prime Minister Gustavo Adrianzen, wave on the airport tarmac after Xi’s arrival to attend the Asia-Pacific Economic Cooperation summit, in Lima , Peru , Thursday, Nov. 14, 2024. Vietnam’s President Luong Cuong, left, and Peru ’s President Dina Boluarte pose for photos on the steps of the government palace in Lima , Peru , Wednesday, Nov. 13, 2024, during the Asia-Pacific Economic Cooperation summit.
Leaders and other representatives will hold closed-door discussions in the morning among themselves, and in the afternoon with members of APEC’s business advisory council. The council met Wednesday and called on APEC nations and members to boost inclusive growth and prioritize the needs of micro-, small-, and medium-sized enterprises, particularly those led by women and Indigenous entrepreneurs.
“While the global economy remains resilient, APEC economies are grappling with persistent inflation, economic disparities, high interest rates and the urgent need to increase investments for a green, climate-resilient future,” said council chairwoman Julia Torreblanca.that his attendance as well as his subsequent visit to Brazil for the Group of 20 meeting next week will be substantive, with talks to focus on climate issues, global infrastructure, counter-narcotic efforts.
Ahead of the inauguration at the port, 60 kilometers north of Lima, locals told The Associated Press that the development hasn’t buoyed their economic prospects. On the contrary, they said the port has Discontent has been brewing in the middle-class San Borja neighborhood outside Lima’s Convention Center, where the APEC conference is sited. Metal barriers and police equipped with riot gear surround the perimeter where, for the past two days, anti-government protesters angry about a recent spate of gang-fueled violence have shouted slogans demanding that theirThe rallies have devolved into scuffles with police, who used batons to drive away the more aggressive protesters on Thursday.
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