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Summary of APEC Economic Leaders’ Week 2024

Release time:

2024-12-11

As the 2024 APEC Economic Leaders’ Week begins, the world’s attention turns to Peru, where President Dina Boluarte will welcome her counterparts to Lima this week.

Under the theme, Empower. Include. Grow, senior officials, ministers and leaders from APEC’s 21 member economies—an economic forum that boasts almost two-thirds of world GDP and half of global trade—will tackle core challenges facing the Asia-Pacific region, including climate change, sustainable energy solutions, digital economy transition, and trade facilitation. Leaders and ministers will discuss policies that could help economies overcome these current challenges while promoting innovation and inclusiveness.

Priority areas of focus will cover:

Trade and investment for inclusive and interconnected growth: Creating the conditions necessary for trade to become more open, equitable, transparent, and inclusive, fostering growth and prosperity.
Innovation and digitalization to promote the transition to a formal and global economy: Harnessing digital technology to empower vulnerable economic actors in their transition from informal to formal participation in the global economy.
Sustainable growth for resilient development: Intensifying efforts to advance a just energy transition by promoting renewable and clean energy sources and bolstering food security

The news comes from: https://www.apec.org/press/news-releases/2024/apec-leaders--week-in-peru--members-join-together-to--empower--include--grow